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Last updated: 10-March-2010
Story date: 10-March-2010
Europe 2020: a new economic strategy
On 3 March the European Commission launched the Europe 2020 Strategy to prepare the EU economy for the next decade. The Commission identifies three key drivers for growth, to be implemented through concrete actions at EU and national levels:
- smart growth (fostering knowledge, innovation, education and digital society)
- sustainable growth (making our production more resource efficient while boosting our competitiveness); and
- inclusive growth (raising participation in the labour market, the acquisition of skills and the fight against poverty).
The announcement of the strategy by the European Commission follows public consultation across Member States.
The Commission proposes that the European Council endorses - in March - the overall approach of the strategy and the choice of EU headline targets, and approves - in June - the detailed parameters of the strategy, including the integrated guidelines and national targets.
More information on the ‘Europe 2020 European strategy for smart, sustainable and inclusive growth’