A/HRC/7/15 page 13 • To tackle financial exclusion and over-indebtedness by drawing up national action plans on inclusion aimed at prevention and treatment of over-indebtedness and financial exclusion caused by barriers to banking and financial illiteracy, and at an understanding of low-income money management patterns 50. The Open Method of Coordination was established at the Lisbon European Council in March 2000 as a framework of political coordination without legal constraints between Member States for the identification and promotion of policies with regard to social protection and social inclusion.11 In “Working together, working better: a new framework for the open coordination of social protection and inclusion policies”, the European Union sets out proposals for streamlining the Open Method of Coordination in the following fields:12 • Access to resources, rights and services needed for participation and preventing exclusion • Adequate and sustainable pension systems • Accessible, high-quality and sustainable health care and long-term care 51. The Open Method of Coordination also featured a set of common primary and secondary indicators in the areas of social inclusion, pension, health and long-term care. Primary indicators are a small set of lead indicators covering all essential dimensions of the defined objectives. Secondary indicators aim at supporting these lead indicators.13 In June 2006, the European Union Social Protection Committee adopted a set of common indicators for the social protection and social inclusion process. It consists of 14 overarching indicators and 11 content indicators to attain the new objectives of social cohesion and interaction with the Lisbon strategy growth and jobs objectives and of the portfolios for social inclusion, pensions and health and long-term care. C. Indicators of social exclusion in the European Union 52. All common indicators and context information are calculated and updated by Eurostat.14 The overarching objectives will be monitored through the use of indicators. In their national reports, Member States are required to provide a brief and consolidated overview of economic, 11 See http://ec.europa.eu/employment_social/spsi/the_process_en.htm. 12 http://ec.europa.eu/employment_social/spsi/docs/social_inclusion/2006/objectives_en.pdf. 13 http://ec.europa.eu/employment_social/spsi/common_indicators_en.htm. 14 This section is derived from Portfolio of Overarching Indicators and Streamlined Social Inclusion, Pensions and Health Portfolios, European Commission, Employment, Social Affairs and Equal Opportunities, Brussels, 7 June 2006, at http://ec.europa.eu/employment_social/spsi/ docs/social_inclusion/2006/indicators_en.pdf.

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