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The EU needs to create 11 million jobs by 2010 if it is to succeed in the Lisbon goals (Photo: European Commission)

Europe's society under strain, says leaked economic report

The EU's economic targets for 2010 are set to be seriously missed, according to a draft of a long awaited competitiveness report, obtained by the EUobserver.

The hard-hitting document, which assesses the EU's position in its bid to become the most competitive, knowledge-based economy in the world by 2010 (known as the Lisbon Agenda) warns that "too many targets promise to be seriously missed".

To be officially presented to EU leaders next month, the draft report foresees devastati...

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The EU needs to create 11 million jobs by 2010 if it is to succeed in the Lisbon goals (Photo: European Commission)

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