EUROPE 2020 : TOUGHER JOBS TARGET ON CARDS FOR NEXT DECADE.

The European Commission has said that the EU employment rate should be 75% of the working age population by 2020 - five points higher than the existing target. According to a draft communication obtained by Europolitics, the bloc must spend 3% of its gross domestic product on research by the end of the next decade and 40% of those aged between 30 and 34 should have completed third-level education. The document is the first concrete proposal made by the Commission to replace the roundly panned Lisbon strategy, and also includes emissions reduction targets (the 20% pledged at Copenhagen) and a commitment to reduce the...