Economics & Cohesion

This theme includes crucial topics such as economic and monetary policy, financial markets, taxation, the EU budget and economic and social cohesion. Growth and employment also fall into this category, making them key policy areas for Europe’s recovery from the economic and financial crisis. EESC members also have a special interest in the completion of Europe’s Economic and Monetary Union (EMU) as a cornerstone of the development of EU integration.


The range of issues covered by this theme extends to:

  • Macroeconomic and monetary policies
  • Growth and employment
  • Own resources and the budget of the European Union
  • Statistics
  • Taxation
  • Financial markets (including the macroeconomic dimension of financial services and insurance)
  • Regional and structural policies and economic and social cohesion
  • Spatial planning
  • Urban Policy

Most of these sub-themes are dealt with by the Section for Economic and Monetary Union and Social Cohesion (ECO). It works in close cooperation with other EESC bodies, such as the Consultative Commission on Industrial Change (CCMI), the Section for the Single Market, Production and Consumption (INT), the Section for Employment, Social Affairs and Citizenship (SOC) and the Europe 2020 Steering Committee, in particular for topics related to growth and employment, financial services, business services, and the social economy.

Events and activities on Economics and Cohesion

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  • Brussels, Belgium

    Lack of access to finance has been reported as one of the major problems for European companies, in particular SMEs and midcaps.

    The EESC is examining, in an information report, the source of the problems and how to overcome them, and would like to put forward concrete ideas on behalf of organised civil society. A number of practical coordinating and supporting measures also are expected to be identified, related to the provision of information, consultation and guidance for the companies in this field. Financing opportunities from the European Structural and Investment Funds should equally form part of the analysis.

    In this context the EESC will hold a public hearing on Access to finance for SMEs and Midcaps in the period 2014 – 2020 - Opportunities and challenges which will take place at the EESC premises in Brussels on Wednesday, 3 June 2015, starting at 10 a. m.

  • Public Hearing - EESC, Brussels, Belgium

    The EU's own budget resources should be overhauled, giving them a new structure to take account of current economic realities. The current system for funding the EU budget is complicated and lacks clarity for the public. A high-level group on own resources chaired by Mario Monti has been formally established to this end. The Committee wants to revisit the issue of own resources and its broader ramifications, with the stress on a fair competitive environment for Europe's producers. The public hearing organised on Monday, 1 June 2015 at the EESC headquarters in Brussels will be a rare opportunity for stakeholders, politicans and civil society represetatives to discuss this highly sensitive topic.

  • Public Hearing - EESC, Brussels, Belgium

    The European Council mandated the four presidents – Juncker, Tusk, Dijsselbloem and Draghi – to report by June 2015 on further measures to strengthen the Economic and Monetary Union (EMU) and economic policy coordination. As part of its overall contribution to this on-going political debate, the European Economic and Social Committee (EESC) is organising a hearing that would feed into its new own-initiative opinion on How to make better use of the community method to achieve a democratic and social EMU.

    The hearing and the opinion will examine not only the barriers and risks to, but also the opportunities and benefits arising from further euro area integration. We will also take the opportunity to analyse feasible participation methods for social partners and civil society organisations, which are more than ever called upon to play an active role in the decision-making process at EU and national level.

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