2020 strategy for EU

1. EUROPE 2020
A strategy for smart, sustainable and inclusive growth
Biagini
Ma(eo
European
Law

2. Summary:
— The moment of transformation
— Smart, sustainable and inclusive growth
— Missing links of EU
— Exit from the crisis: first steps towards 2020
— Delivering ruslts: stronger governance

3. “Europe 2020” strategy has been created to face this
moment of transformation and financial crisis in
Europe.
Europe needs a strategy to come out stronger from
the crisis and turn the Eu into a:
smart, sustainable and inclusive economy;
delivering high levels of:
— employment
— productivity
— social cohesion

4. 1 A MOMENT OF
TRANSFORMATION
The crisis has been a huge shock for millions of
citizens and it has exposed some fundamental
weaknesses of our economy
The crisis has also wiped out recent progress of our
economy

5. There are many areas where Europe isn’t progressing
fast enough relative to the rest of the world:
— Europe’s average growth rate is lower than that of
our main economic partners
— Europe’s employment rates are still significantly
lower than other parts of the world
— Demographic ageing is accelerating

6. Global challenges intensify
Competition from developing and emerging
economies is stronger
Europe is engaged in finding global solutions to bring
about an efficient and sustainable financial sistem
Climate and resource challenges require drastic
action

8. 2 SMART SUSTAINABLE
AND INCLUSIVE GROWTH
Three priorities should be the heart of Europe 2020:
1. Smart growth: developing an economy based on
knowledge and innovation
2. Sustainable growth: promoting a more resource
efficient, greener and more competitive economy
3. Inclusive growth: fostering a high-employment
economy, delivering economic, social and
territorial cohesion

9. Have been selected the following targets to meet
them until 2020:
1. The employment rate of the population aged
20-64 should increase from the current 69% to at
least 75%, including through the greater
involvement of women and older workers
2. Target of investing 3% of GDP in R&D and
especially there is a need to increase the
conditions for private R&D in the EU

10. 3. “20 20 20” goals:
— reduce greenhouse gas emissions by at least 20%
— increse the share of renewable energy sources in
our consumption to 20%
— a 20% increase in energy efficiency
4. Target on educational attainment: to reduce the
rate of early school leavers frome 15% to 10% and
to increase the population that have completed
tertiary education from 31% to 40%

11. 5. The number of Europeans living below the national
poverty lines should be reduced by 25%, lifting 20
million people out of poverty.

13. Smart growth: means strengthening knowledge and
innovation as drivers of our future growth
in this field there are three EU so called flagship initiative:
1. Flagship Initiative: “Innovation Union”: the aim is to
re-focus R&D and innovation policy on the challenges
that our society is facing, such as climate change,
energy and resorce afficiency, health and demographic
change
2. Flagship Initiative: “Youth on the move”: the aim is to
enhance the performance and international
attractiveness of Europe’s higher education institutions
and raise the quality of all levels of education

14. 3. Flagship “A Digital Agenda for Europe”: the aim is
to deliver sustainable economic and social benefits
from a Digital Single Market based on fast and
ultra fast internet and interoperable applications
access for all to much higher speeds by 2020

15. Sustainable growth: promoting a more resource
efficient, greener and more competitive economy
1. Flagship Initiative “Resource efficient Europe”:the
aim is to help decouple economic growth from the
use of resources, by decarbonising our economy,
increasing the use of renewable resources and
promoting energy efficiency
2. Flagship Initiative “An industrial policy for the
globalisation era”: the aim is to improve the
business environment and to support the
development of a strong industrial base

16. Inclusive growth: a high-emplyment economy
delivering economic, social and territorial cohesion
1. Flagship Initiative “An agenda for new skills and
jobs”: the aim is to create conditions for
modernising labour markets with a view to raising
employment levels and ensuring the sustainability
of our social models.
2. Flagship Initiative “European Platform against
Poverty”: the aim is to ensure economic, social
and territorial cohesion for combating poverty and
social exclusion and to enable people to live in
dignity

17. 3 MISSING LINKS
Importance of a single market for 21° century:
— a stronger, deeper, extended market is vital for growth
and job creation
— acces for SMEs to the single market must be improved
— Entrpreneurship must be developed by policy initiatives
like simplification of company law
— Importance of easier way for consumers to conclude
contracts with partners in other EU countries

18. Investing in growth:
— with a cohesion policy
— mobilising the EU budget and private finance
— Designing new financing instruments
— Facilitating direct business access to capital
markets

19. 4 EXIT FROM THE CRISIS:
FIRST STEPS TOWARDS 2020
The points to exit from the crisis are:
— Definition of a credible exit strategy
— The reform of the financial system
— The pursuit of a smart budgetary consolidation for
long-term growth
— The coordination within the Economic and
Monetary Union

20. 5 DELIVERING RESULTS:
STRONGER GOVERNANCE
The Europe 2020 strategy will require a strong
governance framework
Proposed architecture of Europe 2020
— A thematic approach: focuses on the delivery of the
5 headline targets. The main instrument would be
the Europe 2020 programme and its flagship
initiatives, which require action both EU and
Member States

21. — Country reporting:
would contribute to the achievement of Europe 2020
goals by helping Member States define and
implement exit strategies, to restore macroeconomic
stability and return economies to sustainable growth.

22. Thanks for your attention!!!