EUROPEAN ECONOMY VS THE TRAP OF THE EUROPE 2020 STRATEGY

The paper deals to the analysis of Europe 2020 Strategy goals' viability under the new global socio-economic context. These goals are analyzed using comparative analysis, regression and a cluster approach. A distinct part of the analysis is focused on forecasting procedures. The first conclusion of the paper is that the disparities between Member States are too high to allow achieving the Strategy's goals until 2020. Moreover, these disparities will maintain or will increase in 2020. A t least two clusters can be built using the Member States' performances. The whole analysis and its conclusions are supported by the latest official statistic data, pertinent tables and diagrams.