In this sense, the ECB has drawn much from the strategies of its constituent national central banks, as well as from the experience of other central banks outside the euro area. At the same time, there are also new, distinctive features. The two-pillar presentation differs in some respects from the strategies pursued by other central banks.
A deescalation of unemployment – particularly amongst youth and the long-term unemployed – and a gradual recovery of the employment rate are expected to benefit, in addition to growth, from active employment policies, as programmes and actions financed by the NSRF 2014–2020 are phased in.