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Lisbon Strategy


 

The Lisbon Strategy, also known as the Lisbon Agenda or Lisbon Process, is an action and development plan for the European Union. It was set out by the European Council in Lisbon on March 2000.

Background and objectives

The Lisbon Strategy intends to deal with the low productivity and stagnation of economic growth in the EU, through the formulation of various policy initiatives to be taken by all EU member states. The broader objectives set out by the Lisbon strategy are to be attained by 2010.

Related Topics:
EU - 2010

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It was adopted for a ten-year period in 2000 in Lisbon, Portugal by the European Council. It broadly aims at making "the EU the world's most dynamic and competitive economy" by the 2010 deadline. According to Euronews this is to be achieved by transforming Europe into the world's largest knowledge based economy by 2010.

Related Topics:
Lisbon - Portugal - Euronews

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