Lisbon Process

 
The Lisbon Strategy or Lisbon process aims to make the European Union "the most dynamic and competitive knowledge-based economy in the world capable of sustainable economic growth with more and better jobs and greater social cohesion by 2010". It was set up by the European council on March 2000 at the Lisbon Summit. (Conclusions of the Lisbon European Council, March 2000)
Since then, the Council meets at least every year to take stock of progress and update the targets of the Lisbon strategy (Nice 2000, Stockholm 2001, Göteborg 2001, Barcelona 2002, Brussels 2003, 2004, 2005,...)
This strategy was simplified and re-launched in 2005 (Communication to the Spring European Council: "Working together for growth and jobs, A new start for the Lisbon Strategy, 2/2/2005) because, despite some progress, the overall results were not satisfactory. This re-launch was based on the recommendations of the mid-term report of Wim Kok "Facing the challenge, the Lisbon Strategy for growth and employment, Report from the High Level Group", November 2004,) and Council conclusions on education and training in the framework of the mid-term review of the Lisbon strategy, February 2005 .