points out that further reductions in the regulatory burden are still required, given that SMEs are facing double and triple legislative requirements as a result of the additional wave of regulation and existing requirements, including in relation to the Green Deal;
highlights that reducing the regulatory burden must not jeopardise compliance with social, environmental and consumer safety rights and standards established at international and EU levels, or with the principle of transparency and the rule of law in the EU;
recommends creating an easy-to-use ‘single reporting tool’ that can provide SMEs, mid-caps and other companies with all EU-relevant reporting obligations, deadlines and sanctions; also recommends that the SME test and the competitiveness check should be merged into one procedure and that the Regulatory Scrutiny Board (RSB) should be significantly strengthened and made more independent.
Expanding across borders in the EU means navigating a maze of conflicting VAT rules and paperwork, driving up costs. Small and medium-sized enterprises (SMEs), in particular, face disproportionate compliance burdens, making it harder to scale up and compete. To cut red tape and boost competitiveness, the EESC calls for urgent reforms in two opinions adopted during its February plenary, building on the Letta and Draghi reports. Proposals include harmonised financial regulations, AI-driven reporting and a coordinated industrial policy.
The EU needs a sharper focus on competition policy to strengthen its global competitiveness, boost productivity and ensure the single market remains a pillar of economic strength, according to the EESC.
stresses that State aid can reliably support EU companies in their transition efforts, leveraging the massive investments needed to achieve this collective goal. It is essential to ensure that public support is used as efficiently as possible, promoting cross-border projects and reinforcing European value chains.
emphasises that merger assessment should evolve further, taking infrastructure investments, innovation and sustainability better into account. All stakeholders’ views should be taken into consideration in merger analysis.
recommends that the review of the rules on Important Projects of Common European Interest (IPCEIs) must ensure a truly European approach and the European Competitiveness Fund must be designed and deployed with a European perspective too.
António Costa, the new President of the European Council, used his first appearance at the European Economic and Social Committee (EESC) to share his key priorities for the EU. He highlighted competitiveness as the basis for Europe’s future prosperity and reiterated his commitment to combining competitiveness with social rights to secure a sustainable future for Europe. In line with this, EESC President Röpke highlighted that the EU needs to strive for a competitiveness works for the many, not the few.
argues that, to be competitive in the area of general-purpose AI, Europe must invest in secure connectivity and resilient backbone infrastructure as well as in a resilient supply chain to ensure that the effects of generative AI can be harnessed for European actors and aligned with European values and needs;
recommends organising dialogues with stakeholders, including the social partners, about codes of practice in workplaces and workers' rights in the context of GPAI;
stresses that coordinated European and national investment in innovation and mobilisation of the tools of competition policy are needed in order to combat a market concentration dominated by large, often non-European, digital companies and to help develop EU value chains and value creation in AI.
For Bulgaria and Romania, the costs of not being full members of the Schengen area are counted in billions of euros. The transport and tourism sectors of both countries are most affected and checks at land borders create huge barriers for Romanian and Bulgarian companies, restricting their competitiveness and preventing them from fully reaping the benefits of the single market
points out that there is still a long way to go to reach the final objectives of decarbonisation and transition to a more sustainable economy, objectives that were set out by the Commission in its original Green Deal formulation. Companies need much more certainty, global agreement, guidance, sophisticated accountability methods and, ultimately, support from legislators;
highlights the urgent need for public funds to be strategically allocated to goals that are jointly agreed on by European policy-makers and civil society. This initiative must be closely interlinked with the industrial strategy;
emphasises that Member States need EU-level support and civil society input to assist companies through guidance, benchmarking and shared learning capacities to adopt and carry out the structural reforms flowing from the Green Deal: bolstering employment rates, enhancing access to skills and labour, and promoting flexibility and efficiency in labour markets.
How to eradicate skills poverty among the most vulnerable? On 10 July, the Civil Society Organisations’ Group of the European Economic and Social Committee held a thematic debate exploring this question. The debate saw the launch of a new exploratory study on this same issue.
