Commission President José Manuel Barroso gave an insight into the contents of a forthcoming report on the mid-term review of the Lisbon strategy when speaking to the European Parliament on 12 January. Two issues will be predominant in the report, according to Mr Barroso: the knowledge economy and coherence in implementation. The Commission President called again for the streamlining of the Lisbon priorities, saying 'Too many priorities mean no priority', but he reiterated that research must remain one of these priorities. Discussing the knowledge economy, Mr Barroso claimed that 'returning to growth will require considerable investment in knowledge. [...]Only well trained people can ensure high productivity. This requires an unprecedented effort on research, innovation, education and training. A particular effort will be required to involve young people in this investment for knowledge.' Turning to coherence in implementation, Mr Barroso called for better implementation of the objectives agreed in common, and more responsibility and empowerment at national level. 'In this vein, the Commission report will also highlight clearly the importance of ensuring ownership of the revised Lisbon strategy by the Member States,' he said. Mr Barroso also spoke of the financial perspectives for the EU between 2007 and 2013. The Luxembourg Presidency has stated that it intends to forge an agreement on the proposals before the end of June. Research and education, under the heading of competitiveness, were once again prioritised by the Commission President, along with cohesion and security.