Europe has a comprehensive plan to respond to the crisis and to speed up Europe's economic growth. It now needs to focus its efforts in a coordinated manner and with an eye on priorities.
The Annual Growth Survey charts a clear direction on where Europe should be heading in the next year and is the start of the first "European Semester" which changes the way governments shape their economic and fiscal policies.
A more detailed analysis underpinning the Commission's assessment is set out in 3 reports that accompany this Communication and include an assessment of the initial setting up of the Europe 2020 strategy at Member State level.
- Progress report on Europe 2020
- Macroeconomic report
- Draft Joint Employment report
Reference: COM (2011) 11, 12.1.2011