EU plan slights new members

5th March 2010

© PD The EU hopes the EU2020 strategy will lift 20 million out of poverty Share:

The European Commission announced Thursday a new strategic plan to guide EU policy for the next decade.

The EU2020 strategy met with mixed reactions in Poland, with many fearing its focus on innovation and research will lead to cuts in funding to poorer "new" member states.

The new strategy is the successor to the Lisbon strategy adopted in 2000, which largely remains unfulfilled ten years after being implemented An EC report on the earlier plan notes its goals for the EU to reach 70 percent employment and devote 3 percent of GDP to R&D have not been reached.

The EU2020 strategy officially sets three goals for Europe’s road ahead, smart, sustainable, and inclusive growth. These ...