Authors: Zacharias Dermatis, Christos Papageorgiou, Dimitrios Komninos, Athanasios Anastasiou
Title: A final assessment for “Europe 2020” Strategy
Abstract
For the current study, eight indicators corresponding to the targets of “Europe 2020” Strategy were used to estimate the deviation of European Union from its final targets. The study showed that: i) The distance to the employment target of 75 % of people aged 20-64 years has narrowed, but there was a small deviation from the target during the last year, probably due to the Covid-19 pandemic. ii) The expenditure for R&D as a percentage of GDP are still well below the target of 3%. iii) The reduction of greenhouse gas emissions in ESD sectors by 20 % compared to 1990 levels are still below the target, but with significant improvement during 2020. iv) The increase of the share of renewable energy in final consumption to 20 % reached its target during 2020. v) The move towards a 20% increase in energy efficiency reached its target during 2020. vi) The reduction of school drop-out rates to less than 10 % reached its target during 2020. vii) The share of population aged 30-34 having completed tertiary education to at least 40 % reached its target during 2019. viii) The lifting at least 20 million people out of risk of poverty was not achieved, although it approaches the final target during 2019, but probably due to the Covid-19 pandemic there was a small deviation from the target during the last year.
“Europe 2020” Strategy, smart growth, sustainable growth, inclusive growth
