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The Lisbon strategy and its main directions and instruments

Publication

Abstract

Lisbon Strategy agreed by the European Council in the spring 2000 is aiming to facilitate the European Union to become in the period up to 2010 " the most competitive and dynamic knowledge-based economy in the world capable of sustainable growth with more and better jobs and greater social cohesion". The program is the response on the one side to the weak performance of the Union ( high rates of unemployment, falling behind in the research area and in the innovation activity, barriers in the start-up of the enterprises, social exclusion),on the other side to the new challenges of the external environment ( globalisation,new economy).All these facts call for a "radical transformation of the European economy".