Europe faces a time of transformation. The ongoing financial crisis has wiped out years of economic and social progress and exposed structural weaknesses, not just here in the UK, but across all of Europe’s economy.
The world is moving rapidly and long-term challenges – globalisation, global poverty, global warming – still remain.
In response to the crisis, the European Union has developed a strategy to help bring all member countries out from the recession in a stronger position to ensure smart, sustainable and inclusive economies, delivering high levels of employment, productivity and social cohesion.
Europe 2020 sets out a vision of Europe’s social market economy for the 21st century.
Malcolm interviewed by the BBC about EU2020 click here for interview