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Europe 2020 -Strategy - Finland's National Programme Update, Autumn 2011

Summary

In June 2010 the European Council decided on a new economic and employment strategy. The strategy sets EU-wide targets for employment, research and development expenditure, climate policy, education and reducing poverty. Based on these headline targets, Member States prepare their national targets and specify barriers to economic growth.

Finland´s Europe 2020 Strategy national programme was submitted in April 2011. The programme set as Finland?s national targets the raising of the employment rate of 20 - 64 year-olds to 78%, maintaining R&D spending at a minimum of 4% of GDP, reaching the climate and energy targets agreed in the EU, raising the proportion of 30 - 34 year-olds with tertiary level education to 42%, keeping the proportion of early school leavers below 8% and reducing the number of people living at risk ofpoverty and social exclusion. Finlands national targets exceed those set in the EU.

According to the programme, economic growth in Finland requires safeguarding the long-term sustainability of public finances, diversifying the production structure, full utilisation of labour and increased competition.

The spring 2011 national programme stated that the Government formed after the April parliamentary elections in Finland would submit an updated programme after the autumn decision on spending limits had been submitted to Parliament.

This update of the national programme presents, from the perspective of the national implementation of the Europe 2020 Strategy, the main policy outlines of Prime Minister Jyrki Katainens Government Programme dated 22 June 2011. In addition, the programme update presents, where necessary, the content of the 2012 central government budget proposal and the spending limits for 2012 -2015, approved by the Government on 5 October 2011. The programme follows in terms of its structure the spring 2011 programme, focusing however on new policy outlines and decisions. Individual measures and their budget impact are presented as far as possible.

Language versions

Printable version

Document information

Type:
Publication

Title:
Europe 2020 -Strategy - Finland's National Programme Update, Autumn 2011

Publications series and number:
Ministry of Finance publications 38c/2011

Printing year:
2011

Form of publication:
The publication can be accessed in pdf-format. The instructions for ordering a printed version: www.financeministry.fi/publications

Date:
27.10.2011

Number of pages:
39

ISBN:
978-952-264-2

ISSN:
1797-9714

Areas of responsibility:
National economy, EU activities

Publisher:
Ministry of Finance

Department:
Economics department

Contact information:
Tuomas Sukselainen Tel. +358 9 160 32594, Hannele Kerola Tel. +358 9 160 33176

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