The exploratory opinion will look into EU competitiveness and the regulatory impacts of Union legislation on EU's businesses. The EU must decrease its strategic dependency and ensure its higher resilience, as well as openness to the outside world and competitiveness of its businesses. According to the Czech Presidency priorities, the Single Market serves as the EU's greatest asset in order to fulfil these targets.
Towards a more resilient and sustainable European economy (own initiative opinion) - Related Opinions
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The EESC welcomes the new action plan on Capital Markets Union (CMU) and approves all of the 16 actions proposed by the Commission, but stresses the importance of prioritising and coordinating the initiatives (with concrete milestones to measure progress), emphasises those that it deems most essential and makes targeted complementary proposals. The EESC argues for two key priorities: 1) to improve the efficiency of the CMU by creating the European Single Access point, by applying a single rule-book and by simplifying withholding tax relief at source procedures and 2) implement proposals aimed at facilitating a shift long-term savings towards long-term investments.
The EESC believes that there are well-founded reasons to establish uniform rules within the EU to combat global warming and based on these to embark on international discussions with other trading blocs. Furthermore, the Committee deems that, in the future, it could be useful and necessary to also devise new taxation measures that can supplement the current emissions trading system and national carbon taxes in order to achieve an effective and symmetrical policy framework to tackle the increasing amount of CO2 emissions.
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