The EESC supports the intention of the Dutch Presidency of the Council to address poverty through integrated approaches and through cooperation between public and private stakeholders. However, to do so, Member States must be supported by a common European framework and best-practice actors by national anti-poverty strategies. The EU Council should reiterate the commitment made to meet Europe's poverty target by 2020.
EESC opinion: Opinion of the European Economic and Social Committee on the "Annual Growth Survey 2016" and the Draft Joint Employment Report accompanying the Communication from the Commission on the Annual Growth Survey 2016"
As the recovery of Europe's economies remains sluggish and fragile and the level of investment remains low, it should be a matter of priority to deploy every possible means to achieve a robust and stable economy. The Committee therefore endorses the goals of the action plan i.e. to mobilise capital in Europe and channel it to all companies, infrastructure and long-term projects. The Committee has serious concerns, however, regarding the relevance and effectiveness of the capital markets union for SMEs. They must be able to choose the funding channels that suit them best. At the same time the EU's economic and financial stability should be one of the priorities of the capital markets union. There should thus be more simplification, transparency and comparability of financial instruments.
The EESC reiterates its firm commitment to an Energy Union and a European energy dialogue. It supports optimal implementation of the SET Plan, which can be achieved through a joint, consistent approach involving the cooperation of energy policy stakeholders, cooperation between States, an efficient internal energy market and the consolidation and better coordination of energy research and innovation programmes. The added value of the SET Plan will derive from better coordination and a new system of governance for the European energy system. The most important task is the technical and scientific development of technologies and innovation, and the promotion of factors that encourage new ideas and concepts.
The EESC welcomes the proposals to establish a system of "simple, transparent and standardised" securitisation (STS securitisations), that should enable significant additional resources to be generated for bank funding. That is very important, for SMEs and households in particular. There should be clarity as to the risk involved and who bears that risk, taking account of the whole chain from the issuer to the investor. It is important now is that the mistakes of the past are not repeated. Small investors and consumers should not have access to securitisation due to the complexity and risk involved, the Committee calls for a formal prohibition to be explicitly included in the texts.
The EESC recognizes the importance of a new energy market design for achieving the ambitious climate-related policy goals of the European Union, most notably the expansion of renewable energy. The Committee acknowledges that many of the measures proposed by the European Commission in its Communication, such as the establishment of intraday markets or the removal of market-distorting national regulations, are steps in the right direction. However, the EESC would like the Commission to be more ambitious, in particular in terms of ensuring that energy prices become more transparent and reflect actual generation and external costs, consumers receiving adequate information and resources to become active market participants, and obstacles to market access for emerging local 'prosumers' being identified and removed.
The EESC welcomes the stated aims of the EU Action Plan against migrant smuggling , namely "to counter and prevent migrant smuggling, while ensuring the protection of human rights of migrants" and "to address the root causes of irregular migration", and supports the Action Plan's efforts to disrupt organised criminal networks through intelligence-led and financial investigations, to put an end to money laundering and to confiscate the assets of illicit activities. However it strongly recommends that the plan adopts a more balanced and comprehensive approach by detailing how the EU will protect and assist those who are smuggled.
Delivering on the European Agenda on Migration from May, the European Commission has put forward a comprehensive package of proposals which should help address the refugee crisis by alleviating pressure from the most affected Member States. One of the measures announced was a Permanent Relocation Mechanism for all Member States.
The refugee crisis in the EU has reached the point at which the founding principles of human rights protection and democracy are being called into question. Despite the difficulties, EESC strongly believes that these principles must be upheld and properly implemented. The crisis relocation mechanism is a concrete example of cooperation based on solidarity and responsibility. However, the EESC wishes to have this relocation mechanism and other similar initiatives included as part of a general strategy in order to ensure coherence and efficiency.