The European Semester should be based on the principles of partnership and multilevel governance modelled on the partnership agreements existing in cohesion policy, as this bottom-up approach will contribute to more clarity, legitimacy and ownership at implementing level. This was one of the main messages of a hearing held by the European Economic and Social Committee on 11 June.
Sektionen for Den Økonomiske og Monetære Union og Økonomisk og Social Samhørighed (ECO) - Related News
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Change management, better communication on scientific evidence and, above all, civil engagement are key factors for the development and implementation of new indicators to measure people's well-being and societies' progress. This was the main message of a public debate that was held on 4 June by the European Economic and Social Committee and its Section for Economic and Monetary Union and Economic and Social Cohesion.
On 14 May 2019, the Brussels Office of the European Central Bank (ECB) organised a conference on the economic implications of trade protectionism. The presenters were two ECB officials, Lucia Quaglietti (External Developments Division) and Vanessa Gunnella (Euro Area External Sector Division).
On 6 May 2019 the Centre for European Policy Studies (CEPS) organised in its headquarters at Place du Congrès in Brussels a day of debates which focused on analysing the reform process of the Economic and Monetary Union, the various positions of the Member States' governments and some social actors, as well as the possible way forward from a situation that was qualified as a "blockage of the main reforms". In the six round tables that structured the debate, a total of 26 people participated, including keynote speakers, speakers and moderators. All of them were academics or officials of the European institutions.
Building up a more sustainable and resilient European economy and completing Economic and Monetary Union should be priorities for the next European Commission and European Parliament: these points emerged from a public hearing held by the European Economic and Social Committee on 12 April 2019.
The euro ranks second in the world as a reserve currency and as a currency used for fixed income securities issues and international trade transactions. However, its use internationally has yet to return to levels before the financial crisis, and its future role in the international monetary system is tied to the economic prospects of the euro area.
Organised civil society tables proposals for regaining citizens' support for European integration and achieving sustainable economic growth and social progress in the EU
The European Union urgently needs a new, ambitious and clear strategy for its future. Cohesion policy must be an integral part of it. New provisions for cohesion policy post-2020 must provide for sufficient means and guarantee improved policy efficiency and visibility, urges the European Economic and Social Committee (EESC) in an exploratory opinion on the future of cohesion policy, requested by the Romanian Council Presidency.
Mr Krister Andersson, rapporteur ECO/458 "Taxation in the digitalised economy", participated in the public consultation on the tax challenges of digitalization, organised by the OECD in Paris
The member states of the European Union must strengthen stakeholder involvement in their efforts to reform national economies. Together with a new long-term EU strategy for sustainable development, improved stakeholder involvement could help create a more efficient and inclusive European semester that enjoys the support of society and is prepared to tackle the challenges facing the EU.
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