"Even if progress has been made it must be said that the Lisbon Agenda, with only a year remaining before it is to be evaluated, has been a failure," he wrote in a joint article with his finance minister, Anders Borg. The leader of the Nordic country, which is due to take over the revolving EU presidency on 1 July, said the strategy to make Europe the most dynamic and competitive region by 2010 should be rebooted.
"We mean that a review and new start to EU's Lisbon strategy is necessary. This must be initiated this autumn and remain a prioritised issue during the five-year period starting with the European Parliament elections on 7 June," Reinfeldt said.
In the signed article in Swedish daily Dagens Nyheter, the ministers said sustainable public finances should be made a cornerstone of a new strategy and that labour market policy needed to be reformulated.
"A first step is to see that the unemployment problem is larger than the current official figures of close to 10 percent unemployment," the ministers said.
(EurActiv with Reuters.)