The European Economic and Social Committee backs increased regulation of crypto-assets, with robust, coherent rules to better protect investors across the EU in line with current measures applied to traditional financial services.
The EU's Employment and Social Innovation programme (EaSI), a finance instrument intended to promote high quality employment, has strengthened the coordination of action in the areas of employment and inclusion, but its smooth implementation encountered a number of hurdles, an evaluation report drawn up by the European Economic and Social Committee (EESC) found.
The EU is transitioning from a model driven by growth to one predicated on sustainability, where the real level of well-being and development of our society is taken into account.
Just before the summer break, Commissioner Mairead McGuinness joined an extraordinary meeting of the Diversity Europe Group of the EESC to debate the role of finance and banking in Europe's recovery.
The European Economic and Social Committee (EESC) calls for ambitious economic objectives to be set to strengthen the euro. This has become even more important given the pace of change in the global economy and the EU's current position in terms of innovation, competitiveness and fostering an investment-friendly regulatory environment.
The COVID-19 pandemic has caused a slowdown in the activity of many economic sectors and, at the same time, is giving rise to a significant shift in the global balance of power. In this context, the EU is looking for an appropriate strategy to strengthen its role as a global economic player, with policies aimed at boosting the international role of the euro, strengthening the resilience of EU financial market infrastructures and improving the implementation of sanctions imposed on third countries.
The European Economic and Social Committee (EESC) welcomes the Commission's new Action Plan on non-performing loans, but believes that it lacks new proposals fit for COVID-19 times, leaving Europe to face an extraordinary time with rules written for ordinary times.
Achieving the Sustainable Development Goals (SDGs) requires more than political commitment, says the European Economic and Social Committee. Increased investment, especially by the private sector, is needed to address current economic, social and environmental challenges. The Committee therefore advises the EU and its Member States to adjust their investment and tax policies to enhance growth prospects, and thereby private sector contributions, to accomplishing the SDGs.
