The Ecofin Council approved a report on the BEPGs to the European Council 17 June 2010:
Report to the European Council on broad economic policy guidelines (document 10262/10; 20 pages)
The Recommendation on the BEPGs is linked with the coming Council Decision on the guidelines for employment policies. Legally, they are two distinct documents, but together they form the ‘Europe 2020 integrated guidelines’.
Here is an overview of these ‘Europe 2020 Integrated Guidelines’:
Guideline 1: Ensuring the quality and the sustainability of public finances
Guideline 2: Addressing macroeconomic imbalances
Guideline 3: Reducing imbalances in the euro area
Guideline 4: Optimising support for R&D and innovation, strengthening the knowledge triangle and unleashing the potential of the digital economy
Guideline 5: Improving resource efficiency and reducing greenhouse gases
Guideline 6: Improving the business and consumer environment and modernising the industrial base in order to ensure the full functioning of the internal market
Guideline 7: Increasing labour market participation and reducing structural unemployment
Guideline 8: Developing a skilled workforce responding to labour market needs, promoting job quality and lifelong learning
Guideline 9: Improving the performance of education and training systems at all levels and increasing participation in tertiary education
Guideline 10: Promoting social inclusion and combating poverty
The Council proposes that the BEPGs (Guidelines 1 to 6) are in force until 2014 without change. The member states design national reform programmes (NRPs) consistent with the ‘Europe 2020 integrated guidelines’.