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  • Ongoing (updated on 17/02/2024) - Bureau decision date: 13/02/2024
    Reference
    ECO/646-EESC
    Employers - GR I
    Italy
    Plenary session number
    588
    -
  • Ongoing (updated on 21/02/2024) - Bureau decision date: 18/01/2024
    Reference
    ECO/645-EESC
    Diversity Europe - GR III
    Slovakia
    Plenary session number
    591
    -
  • Ongoing (updated on 02/02/2024) - Bureau decision date: 18/01/2024
    Reference
    ECO/642-EESC
    Workers - GR II
    Germany
    Plenary session number
    590
    -

    Climate change is a matter of urgency and demands a green shift in our economies. To achieve the EU's climate targets, a profound modernisation of the capital stock is needed. This entails a massive expansion of public investments. The need for an EU-level investment fund to finance the green transition is also a matter of economic strength and sustainable competitiveness. One central element of closing the financing gap is an investment friendly reform of the EU fiscal rules. While the reform process is still ongoing and is supposed to be finished by the end of this legislature, it is already clear that the fiscal space for public investments at national level will not significantly increase with the reform.

  • Adopted on 17/01/2024 - Bureau decision date: 24/10/2023
    Reference
    ECO/633-EESC-2023-04821
    Employers - GR I
    Greece
    Plenary session number
    584
    -
    EESC opinion: Euro area economic policy 2024
  • Adopted on 17/01/2024 - Bureau decision date: 11/07/2023
    Reference
    INT/1045-EESC-2023
    Employers - GR I
    Belgium
    Plenary session number
    584
    -

    While European policies often aim to foster innovation, they sometimes inadvertently create obstacles for research and development (R&D) initiatives.

    EESC opinion: Introducing a European Innovation Stress Test
  • Ongoing (updated on 21/02/2024) - Bureau decision date: 24/10/2023
    Reference
    ECO/634-EESC-2023
    Diversity Europe - GR III
    Romania
    Plenary session number
    585
    -

    Every year in February, the EESC adopts an opinion on Annual Sustainable Growth Survey, which the Commission usually presents at the end of November in the year before. This communication outlines the economic and employment policy priorities for the EU for the following 12 months, with a view to mitigating the negative impacts of the energy shocks in the short term and to foster sustainable growth and increase the EU’s resilience in the medium term. The structured approach, like in previous years, centres around the four dimensions of competitive sustainability and in line with the United Nations Sustainable Development Goals. The ASGS also continues to guide Member States in the implementation of the national Recovery and Resilience Plans (RRPs). The EESC's opinion on the ASGS 2024 is due to be adopted at the plenary session of 24-25 February 2024.

    EESC opinion: Annual Sustainable Growth Survey 2024
  • Adopted on 25/10/2023 - Bureau decision date: 13/06/2023
    Reference
    ECO/626-EESC-2023
    Employers - GR I
    Latvia
    Workers - GR II
    Malta
    Plenary session number
    582
    -

    As committed during the negotiations on the long-term EU budget 2021-2027, the European Commission has on 20 June 2023 completed its proposal for a next generation of own resources. The package includes a new temporary statistical own resource based on company profits. The Commission  also proposes to adjust the own resources proposals based on the Emissions Trading System (ETS) and Carbon Border Adjustment Mechanism (CBAM) compared to the original proposals from December 2021.  

    EESC opinion: Next generation of own resources
  • Adopted on 25/10/2023 - Bureau decision date: 23/03/2023
    Reference
    ECO/620-EESC-2023
    Employers - GR I
    Greece
    Workers - GR II
    Spain
    Plenary session number
    582
    -

    Every year in February, the EESC adopts an opinion on Annual Sustainable Growth Survey, which the Commission usually presents at the end of November in the year before. The Committee works under tight deadlines, in anticipation of the referral, to finalise the opinion before the March Council discussion on the topic. To reinforce the Committee's impact throughout the entire European Semester, an own-initiative opinion with additional considerations is regularly produced by October taking into account the overall European Semester, which plays a central role in implementing the Recovery and Resilience Facility and is vital in current discussions about the review of the EU macro-economic governance framework.

    EESC opinion: Additional considerations on the Annual Sustainable Growth Survey 2023
  • Ongoing (updated on 31/01/2024) - Bureau decision date: 21/09/2023
    Reference
    ECO/631-EESC
    Plenary session number
    587
    -

    This opinion focuses on the reform and investment measures in the Member States, in particular those based on the Country-Specific Recommendations 2023, and their implementation, in order to assess the effectiveness of these measures and the possibilities for better targeting of proposals, improved implementation and the monitoring and involvement of organised civil society in the procedures. This opinion also looks at issues concerning the ongoing reform of the EU’s economic governance rules, the central objective of which is to strengthen public debt sustainability while promoting sustainable and inclusive growth in all Member States through reforms and investment. Moreover, the opinion continues the previous consultation exercises by examining the state of the implementation of the reforms and investments provided for in the national Recovery and Resilience Plans and which are financially supported by RRF funds.

  • Adopted on 21/09/2023 - Bureau decision date: 25/04/2023
    Reference
    ECO/622-EESC-2023
    Workers - GR II
    Spain
    Diversity Europe - GR III
    Italy
    Plenary session number
    581
    -

    The EESC welcomes the simpler and more transparent economic governance framework, the reduction of the pro-cyclical bias, the improvement in national ownership and strengthened enforcement, the differentiation and more tailored fiscal adjustment path of each Member State, based on a common-risk framework. However, the Committee proposes replacing the requirement obliging any Member State with a budget deficit of over 3% to cut that deficit by an average of 0.5% of GDP annually, and emphasises that the "technical trajectory" should be first in the hands of national governments and, at a second stage, be the result of a technical dialogue with the European Commission In due course. In due time, but by 2026 at the latest, an EU fiscal capacity should be established to meet at least some of the investment needs for common priorities and to allow Member States the fiscal space to meet the fiscal costs of the multiple transitions.

    EESC opinion: New economic governance rules fit for the future