The EESC believes that the European Commission's Action Plan is a good basis but that additional measures are needed to tap the full potential of financial technology and to ensure certainty and protection for all market participants
Statement of the President of the Employers' Group
On 20 February 2019 the EESC adopted an opinion calling for an EU framework directive on minimum income. The Employers' Group fully shares the view of the EESC that fighting against poverty is a necessity. However, for us the instrument proposed in the opinion is not the correct one. For this reason, the Group tabled a counter-opinion, presenting its views on measures needed to reduce poverty. The counter opinion was supported by almost 40% of the EESC Members.
When the international economic and financial crisis struck, it exposed the structural limitations and contradictions in EMU, depriving the euro of its propensity to attract. The crisis proves that it takes much more than a set of "accountancy" rules such as the stability pact and others, because the underlying problems are not technical but economic and political. Some progress has been made in the past few years by putting in place new rules and mechanisms, notably parts of a Banking Union, but the construction works are far from being completed yet, which contributes to the persisting climate of uncertainty among citizens and business, and hinders the growth potential of the European economy ...
On 23 January, Italy's National Council for Economic Labour (CNEL) held a meeting, under the auspices of the European Economic and Social Committee, entitled "EFSI: a tool for growth". The conference had two aims: to promote the use of EFSI and to examine how this financial instrument could be useful in the period 2021-2027 in relation to the European Commission's priorities: research, Erasmus, cohesion policy, agriculture, Ten-T, defence and immigration.
Stakeholders stressed the importance of cohesion policy and the need for appropriate and effective funding
The EESC draws mixed conclusions from the European Commission's growth survey
At its plenary session in July, the European Economic and Social Committee presented proposals for the economic agenda of the upcoming legislative period (2019-2024) and recommended that they should form the basis of a new European economic strategy. The Committee's proposals seek to develop more resilient and sustainable EU economic policies within an improved governance framework for the Economic and Monetary Union.
- European Green Deal must lead to more economic prosperity and convergence
- Sustainable growth must be a top priority
- Measures to close the investment gap are essential
Brexit, the next EU budget and the future of the single market are the core interests of the European employers' organisations. On 14 March 2018, representatives of BusinessEurope, EuroChambres and CEEP presented the priorities of their organisations for 2018 and discussed the issues with the members of the employers' group.
Transition to a circular economy is a must if we are to protect our planet, but also if we are to increase the competitiveness of European industry. This is a long-term process that will require numerous initiatives at European, national and regional level. Companies see the circular economy as an opportunity. "Going green" is beneficial not only for the environment, but also for businesses, providing real savings in terms of raw materials, water and energy. Apart from its environmental and economic benefits, the circular economy also has social advantages, providing new jobs and new business models.