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E U R O P E 2 0 2 0
EUROPEAN COMMISSION. EUROPE 2020. A European strategy for smart, sustainable and inclusive growth 1 02/03/2010 13:21:44. Preface 2010 must mark a new beginning. I want Europe to emerge stronger from the economic and financial crisis. Economic realities are moving faster than political realities, as we have seen with the global impact of the financial crisis. We need to accept that the increased economic interdependence demands also a more determined and coherent response at the political level. The last two years have left millions unemployed. It has brought a burden of debt that will last for many years. It has brought new pressures on our social cohesion. It has also exposed some fundamental truths about the challenges that the European economy faces.
supported by the internal market, our budget, our trade and external economic policy and the disciplines and support of economic and monetary union. The condition for success is a real ownership by European leaders and institutions. Our new agenda requires a coordinated European response, including with social partners and civil society.
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