Europe 2020 is the EU’s ten-year growth and jobs strategy that was launched in 2010. Five key targets were set out on employment, education, R&D, climate change and fighting poverty. The targets, such as 75% of the 20-64 year-olds to be employed, are nowhere near to being met.
The EU did not only set targets, but put in place tools to make them happen. The European Semester is the cycle of economic policy coordination which has been set up to help achieve these targets, in a focused and coordinated way.
The process has lost focus. The European Semester is now driven by economic governance goals and not Europe 2020 targets. There has been a decline in employment to 68.4% instead of progress to 75%. The EU has failed to mainstream equality and fight poverty. The EU has failed in engaging civil society and trade unions.
The Alliance for a Democratic, Social and Sustainable European Semester aims to change this. To read more about the Alliance and the advocacy work of its members on the European Semester, please visit their website.