EUROPE 2020 A Strategy for Smart, Sustainable and Inclusive Growth
On 3 March 2010 the European Commission launched the Europe 2020 Strategy to leave the crisis behind and prepare the EU economy for the next decade. The Commission identified three key drivers for growth, to be implemented through concrete actions at EU and national levels: smart growth (fostering knowledge, innovation, education and the 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).
This battle for growth and jobs requires ownership at top political level and mobilisation from all actors across Europe. Five targets are set which define where the EU should be by 2020, and how progress can be tracked. Progress towards these objectives will be measured against five representative headline EU-level targets, which Member States will be asked to translate into national targets reflecting the starting points:
- 75 % of the population aged 20-64 should be employed.
- 3% of the EU's GDP should be invested in R&D.
- The "20/20/20" climate/energy targets should be met.
- The share of early school-leavers should be below 10% and at least 40% of the younger generation should have a degree or diploma.
- 20 million less people should be at risk of poverty.
For the Europe 2020 Website click here.