European Commission advances anti-poverty measures across EU

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EU advances anti-poverty measures

Highlights

The EU's first Anti-Poverty Strategy, launched five months ago, aims to reduce people at risk of poverty by at least 15 million by 2030 and eradicate poverty by 2050.
The Council is expected to approve the first EU legal act on homelessness, targeting housing exclusion as part of the anti-poverty measures.
The European Social Fund Plus, new funding plans, and ESF+ targeted calls in May prioritize investments, reforms, and support for vulnerable groups, notably Roma youth aged 15 to 29.

EU strategy implementation gains pace

As reported by European Commission Press Corner, citing the European Commission, Executive Vice-President Mînzatu says the EU's first Anti-Poverty Strategy, adopted earlier this year, is already being implemented five months after its launch. The strategy is designed to speed progress toward the target in the European Pillar of Social Rights Action Plan of cutting the number of people at risk of poverty and social exclusion by at least 15 million by 2030 and helping eradicate poverty by 2050.

The Council is expected to soon approve the Commission's proposed recommendation on fighting housing exclusion, which the Commission describes as the first EU legal act on homelessness. The measure is positioned as a key step in addressing one of the most severe forms of poverty across the bloc.

Mînzatu also links anti-poverty policy to labour market participation and competitiveness, arguing that quality jobs remain the best route out of poverty for those able to work. The Commission says nearly 50 million people remain outside the labour market, and in July it launched a first-stage consultation with European social partners on possible EU action for people facing significant barriers to employment.

Funding tools and support plans expand

The European Social Fund Plus, together with future National and Regional Partnership Plans, is set to support member states with the investments and structural reforms needed to carry out the anti-poverty strategy. The Commission also says its principles for effective anti-poverty policies are now available in all EU languages to help authorities strengthen work on adequate income, access to jobs and essential services.

Further measures are also in preparation. The Commission says it will soon launch a Coalition against Poverty with the private sector and philanthropy, test a European Child Guarantee Card as a digital tool to improve access to support for children in need, and create closer links between the Child and Youth Guarantees through a dedicated toolkit.

An ESF+ call launched in May is also intended to help member states accelerate implementation of national Child Guarantee action plans. The initiative specifically targets vulnerable Roma youth aged 15 to 29 who are not in employment, education or training, underscoring the EU's focus on groups facing the highest risk of exclusion.

In our earlier article on Wipro’s stronger quarterly results, we noted that Europe showed signs of a rebound in client technology spending after a period of tighter budgets. We also highlighted how artificial intelligence-related services are starting to generate new revenue streams for major IT outsourcing providers alongside their traditional work.

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