Europe 2020 (Lisbon Strategy)

The EU 2020 is a cohesive European Commission strategy aiming to achieve a new sustainable and greener economy.

It also aims to address the global recession which has hit the EU particularly hard and some of the shortcomings of the Lisbon Strategy.

Describing the strategy's vision, former Commission President Jose Manuel Barroso has said:

"EU 2020 means the EU working together over the next decade to overcome some of the toughest economic challenges that Europe has ever faced. A smart economy and a wise society based on strong European values go together. Growth, sustainable public finances, tackling climate change, social inclusion, a strengthened industrial base and a vibrant services sector are not alternatives. They reinforce each other."