Completion of the Single Market is one element necessary for the European venture to succeed. The EESC has a key role to play here, for the good of both consumers and business. To this end, the EESC set up a Single Market Observatory (SMO) in 1994, with the support of the European Commission, the European Parliament and the Council. The SMO is made up of 33 members representing European civil society organisations. Its aim is to monitor how the Single Market operates in practice, identify where the problems are and help legislators remedy existing shortcomings.
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The issue of integration has always been one of the European Economic and Social Committee's greatest concerns and it has devoted opinions on the subject and organising conferences and events.
In these stormy times, improving SME policy is high on our agenda. SMEs are important drivers of growth, jobs and social cohesion but because of the global crisis they face more and more financing constraints.
In 2008-2009, they suffered a double shock: a drastic drop in demand for the goods and services they provide, and, on top of that, a credit crunch. These events have had a serious effect on SMEs’ cash flows and liquidity. Many of them were forced into bankruptcy, thus contributing to record levels of unemployment in many European countries.
Today, and with this speech, I will try to explain who is interested in social business in Europe, what it is, why we need to develop it and how we can do so. Keep in mind these 3 main messages:
• social business can be a solution for economic growth AND social development;
• social business can become DNA for tomorrow's Europe;
• social business can help people to engage in building a sustainable Europe.
The "Smart Cities" project is a follow-up to the European Economic and Social Committee (EESC) own-initiative opinion on Smart cities as a driver of a new European industrial policy, adopted in July 2015.
Within the framework of the project, a delegation of seven EESC members has carried out study visits to six EU cities that have successfully implemented smart project initiatives.