Development and Finance from issue 2009/4

Attila Ágh

Future of the Lisbon Strategy

- Abstract -

JEL F-02

In relation to the Hungarian presidency of the European Union, it is often rightly said that only proposals which every Member State can be persuaded are necessary should be included on the presidency agenda; furthermore, the only issues which give excellent opportunities to the presiding country are those which fit the profile of the given country well, as ordained by the EU's agenda. There is an example of this in Hungary’s case: not just the PLS (which will be finalised during the Hungarian Presidency in March 2011), but also the issue of regional cohesion which was specifically assigned as a task for the Hungarian Presidency by a Council decision in May 2007. Since elaborating the PLS strategy is essentially the task of the Hungarian Presidency according to the original agenda, it was suggested earlier – by Hungary but with positive feedback from abroad as well – that it should be called the Budapest Strategy. Taking into account the prevailing opinion within the EU for the last few months that work on the strategy should be accelerated and virtually finished by the first half of 2010, this proposal has faded away. Accelerating the process would not be against Spain’s liking either, which is in the same group presidency as Hungary, as it would then receive the leading coordinator’s role in the preparations and the spectacular events that necessarily accompany it.

Attila Ágh, DSc, professor of political sciences (Corvinus University of Budapest)

The purchase/download section of full articles is still under development. If you want to read full articles, please contact the editorial office of Fejlesztés és Finanszírozás/Development and Finance by sending an e-mail to Thank you for your understanding.