Background
In June 2010, EU leaders adopted the 'Europe 2020' strategy, which has the overall aim of creating jobs and promoting "smart, sustainable and inclusive growth". It follows on from the Lisbon Strategy, which was originally launched in the year 2000.
The 2020 strategy is based around a series of headline targets that have been agreed at EU level. These targets include:
- increasing the employment rate from 69% to 75%, and;
- reducing the number of people living in poverty by 20 million.
Member states are expected to translate the EU-level goals into national targets, taking their different starting points into account.
The European Commission has promised to implement seven flagship initiatives in the framework of the 2020 strategy. These include: 'Youth on the Move', 'An Agenda for New Skills and Jobs', and the 'European Platform against Poverty and Social Exclusion'.
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