European Pillar of Social Rights

The European Parliament, the Council and the European Commission launched the European Pillar of Social Rights in response to the consequences of the global financial crisis (2008–2013), which adversely affected quality of life across the EU. Through this commitment, the European institutions aim to strengthen social convergence, promote social justice and foster sustainable social well-being by 2030, while taking into account the well-being of all EU citizens. Since 2021, the EPSR has been integrated into EU policies, with its implementation monitored within the framework of the European Semester. A set of indicators has been agreed to monitor the implementation of the EPSR principles, while some additional indicators are currently being developed by Eurostat. Member States reaffirmed their commitment to implementing the EPSR by endorsing the Action Plan at the Porto Social Summit in May 2021.