The EU needs to enhance the growth part of its overall strategy. This must be based on combining what the Member States can do at national level with action at EU level, anchoring these efforts in the Europe 2020 strategy and in our new governance structures.
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This opinion is on the Annual Growth Survey 2018 (AGS), which establishes the main economic priorities and provides policy guidance for the following year. The European Commission published the 2018 AGS on 22 November 2017 as part of the European Semester Autumn Package. The 2018 AGS is focused on fostering job creation and growth and establishes three main priorities: boosting investment to support the recovery and to increase long-term growth; structural reforms for inclusive growth, upward convergence and competitiveness; responsible fiscal policies to support sustainability and convergence.
The 2013 Annual Growth Survey (AGS), which launches the European semester, sets out what the Commission believes should be the overall budgetary, economic and social priorities for the this year. Given the importance of the involvement of the organised civil society and the social partners in setting priorities for action at the national and EU level, the EESC issues its opinion as a contribution to the debates ahead of the Spring European Council.
The EESC agrees with the Latvian Presidency, recognizing the fundamental importance of the EU 2020 Strategy review to boosting European competitiveness. The Europe 2020 and the Investment Plan should be much more closely linked in the way that it could remedy the main shortcomings of the Europe 2020 Strategy. The Structural Funds should focus more on the implementation of environmental programs or those with a human aspect, which would also promote the sustainable development of factors "beyond GDP".