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This week, the EU Commission presented its priorities for 2012. The plans of the EU Commission include a total of 129 initiatives next year, as well as further initiatives the Commission intends to have reviewed by the end of its term in office in 2013. Key priorities include the creation of a Union of growth and solidarity, as well as a Europe of stability and responsibility. On the world stage one would like the EU to have a more effective voice. Interesting is the fact that the integration of interest groups is put on the same level as the inclusion of the EU Parliament and the Council. EU Commission set its hopes on a “European renewal“

Under the working title “European renewal”, the EU Commission presented its priorities for 2012. The intention is to drive the renewal forward by adopting measures concerning the economic policy, the internal market and the numerous proposals for spending programmes. Growth, related to creating jobs is also a target and is to be guaranteed. Public revenue is to be protected against tax havens and VAT fraud. But measures in the pension sector are also being considered. The EU Commission is also keen on reforming the financial sector. According to the Commission, the majority of the main initiatives has already been adopted or presented as a proposal; this includes legislative proposals on derivatives, credit rating agencies, capital requirements, sounder and more transparent securities markets as well as tackling market abuse. It is also envisaged that the Commission will propose further pieces of legislation focussing on the protection of investors at the beginning of 2012.

Job creation is a great challenge – vocational training is an important factor

According to the Programme, the Commission will soon set out what the EU can contribute to tackling youth unemployment. In particular apprenticeships are an important criterion for entering the labour market. This can be of particular importance in respect of better utilising those sectors, which probably create tomorrow’s jobs, says the Commission. The initial conclusion one can draw from the Work Programme is the intention of the Commission to give priority to promote growth and employment. However, it will need the political will of all Member States to show whether the wish list of the EU Commission will be fulfilled or returned to the sender unread.

Further information:
Commission Work Programme 2012