A high-level expert group delivered a study on
17 July proposing the re-nationalisation of the CAP and
regional funding, while introducing more flexibility into the
EU’s budgetary policy.
The mandate of the group was to analyse the progress
of two strategic goals of the EU: the Lisbon process of
making the EU the most dynamic economy in the world by
2010, and EU enlargement.
The expert group reviewed the EU’s economic policy
and concluded that since the mid-1970s, the growth rate
has been generally low, which is, in the Group’s
view, due to the EU’s failure to base its economic
system on innovation.
The report concludes that growth should be made the
first priority as the lack of it could risk further
European integration. A number of reforms are needed, in
which the EU needs to increasingly take the role of a
facilitator. The expert group therefore recommends a
six-point agenda, which would focus on micro and
macro-level policies, governance and budget:
- make the Single Market more dynamic;
- boost investment in knowledge;
- improve the macroeconomic policy framework for
- redesign policies for convergence and
- achieve effectiveness in decision-taking and
- refocus the EU budget.
The Group explains that their
recommendations cover only EU policies, while national
policy reforms should go hand-in-hand, particularly in
the areas of social affairs, public investment and
taxation, to ensure higher sustained growth in the EU.
The environmental dimension is not in the scope of the