The EESC welcomes the Investment Plan for Europe for its contribution to the promotion of investment in the EU. The Committee calls for clearly set investment targets, regulatory simplification and further guidance in order to achieve greater geographical and sectoral balance. The EESC advocates for strengthened financial capacity for the InvestEU programme within the Multiannual Financial Framework 2021-2027 and calls for more efforts to raise awareness among European businesses and citizens about the benefits obtained from the Investment Plan for Europe.
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- Economic and Monetary Union and Economic and Social Cohesion (ECO)
- Specializovaná sekce Hospodářská a měnová unie, hospodářská a sociální soudržnost (ECO) - Related Opinions
Specializovaná sekce Hospodářská a měnová unie, hospodářská a sociální soudržnost (ECO) - Related Opinions
The EESC notes that the international role of the euro has not yet recovered to the pre-financial crisis level. Whereas the European Commission's proposed measures are welcome and deemed necessary by the EESC, they may not go far enough given the extent of the euro area's social and economic challenges. Social cohesion, economic upward convergence and the promotion of competitiveness and innovation should be the basis on which the euro area's economy gathers pace and supports a stronger international role for the euro.
The aim of this proposal is to better explore how project-oriented policies and smart specialization strategies can be directed towards development of transnational networks involving local authorities, SME's and research institutions. These partnerships are essential for the realization of transantional projects, with the EU funding, eventually under the umbrella of the EU macro-regional strategies.
This additional opinion will complement and update the proposals made in the yearly EESC AGS opinion, produced under time pressure, to reinforce the Committee's impact throughout the entire annual semester cycle.
The objective of this proposal is to provide an update of EESC's positions related to the cohesion package presented by the Commission on May 2018. While the discussions in the Council and the Parliament are still ongoing, this opinion will reflect better the developments in view of a successful cohesion policy in the post-2020 period.
The Romanian presidency who has asked for this opinion proposes that the conclusions drawn in this opinion could stimulate the informal ministerial debate of the cohesion ministers to be held in April 2019.