Adopted at the Executive Committee 11-12 March 2014
Europe 2020 not yet fit for purpose
In the very beginning, the Europe 2020 strategy, like its predecessor the Lisbon Strategy, relied on instruments which were not efficient, in particular, the open method of coordination. Then economic governance structures were established to better coordinate economic policies, and Europe 2020 had to fit into this new governance architecture, which was not conceived to help it reach Europe 2020 (namely employment or social) objectives.