Abstract

The highlights and targets of "EUROPE 2020" Strategy are presented and scrutinized here, especially the three dimensions of growth – smart, sustainable and inclusive growth and Bulgaria's attitude thereto. The growth factors (sources) in the last two decades are focused, as well as the potential of our country and the efforts to be made to fulfill the strategy and to achieve a long-term economic growth. Some key principal determinants are studied in details, directly related to the set parameters of growth in "EUROPE 2020" Strategy – manufacturing structures, the role of FDI, of exports, R&D costs, etc.