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Following the publication of the European Commission's Update to the New Industrial Strategy, the European Economic and Social Committee (EESC) has been carrying out a series of activities to fulfil its role of representing the views of organised civil society. A first event in this process has been a conference held on 17 June 2021, from 2.30 to 6 p.m., on Updated industrial strategy: towards a more resilient and strategically autonomous EU industry?

Position paper of the EESC Employers’ Group

The corona crisis is a huge human and societal tragedy for Europeans and for people throughout the world. Tackling its diverse impacts requires a series of measures, from coping with the emergency stage and proceeding via recovery and rebuilding towards long-term success and stability. Businesses that manage to recover well and succeed are key to the recovery of the EU economy as a whole.

After the financial crisis, it became clear that the fragmented environment in the EU made it difficult to deal decisively and effectively with problems, particularly in the financial system. A common and cross-border approach became essential/were needed. The challenge was to make the financial institutions and markets more stable, competitive, safe and resilient. From that perspective, the plans for a fully-fledged banking union and a capital markets union were the right response.

This report provides a study of the retail sector, which is one of the biggest in Europe in terms of the number of enterprises active and individuals employed. The study aims to provide practical insights on revitalising small retailers in urban and rural areas. The underlying objective is achieved through identifying the main trends, challenges and opportunities faced by small retailers, and outlining what types of good practices have been put into place to support these enterprises in city-centres, including highlights on the situation of small retailers located in rural areas.