Spanish Presidency commits to innovation, knowledge, training and microloans

Science|Business reporting

The good intentions of the Lisbon Strategy have been “shattered” by the global financial crisis, and the objective of achieving full employment by the end of 2010 will not be met, according to Spain’s Employment Minister, Celestino Corbacho.

This means a major task of his ministry in the six months of the Spanish EU Presidency must be to draw up and win approval for the successor to Lisbon, the 2020 Strategy.

“It’s clear that the first thing we must do is to admit that the good intentions of the Lisbon Strategy have been shattered as a result of a deep, global and international crisis,”

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