European Pillar of Social Rights

The European Parliament, the Council and the European Commission launched the European Pillar of Social Rights as a response to the aftermath of the global financial crisis (2008–2013), which has had a negative effect on the quality of life across the EU. The European institutions that have signed this commitment will strengthen social convergence, social justice and sustainable social well-being by 2030, taking into account the well-being of all EU citizens. From 2021, the EPSR will be an integral part of all EU policies and its implementation will be monitored in the context of the European Semester. A set of indicators has been agreed to monitor the implementation of the EPSR principles and some are currently being developed by Eurostat. Member States have reaffirmed their commitment to the implementation of the EPSR by adopting an Action Plan at the Porto Summit in May 2021.