Wirtschaftspolitische Steuerung

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Achieving the Sustainable Development Goals (SDGs) requires more than political commitment, says the European Economic and Social Committee. Increased investment, especially by the private sector, is needed to address current economic, social and environmental challenges. The Committee therefore advises the EU and its Member States to adjust their investment and tax policies to enhance growth prospects, and thereby private sector contributions, to accomplishing the SDGs.


The European Union should grasp the opportunity of the new political mandate and financial period to improve its economic policy coordination and governance. The European Semester should become the most important element of economic policy coordination and a multi-level and multi-actor governance approach should be implemented, says the European Economic and Social Committee. It suggests that an EESC competence centre for exchange of information could be established to address implementation concerns in relation to a future EU strategy.


Der Europäische Wirtschafts- und Sozialausschuss hat auf seiner Plenartagung im Juli Vorschläge für die wirtschaftspolitische Agenda der kommenden Legislaturperiode (2019-2024) vorgelegt und empfohlen, dass sie die Grundlage für eine neue europäische Wirtschaftsstrategie bilden sollten. Die Vorschläge des EWSA zielen darauf ab, innerhalb eines verbesserten Governance-Rahmens für die Wirtschafts- und Währungsunion eine widerstandsfähigere und tragfähigere EU-Wirtschaftspolitik zu gestalten.


Am Vorabend des EU-Gipfels am Freitag, den 21. Juni, in Brüssel fordert der Europäische Wirtschafts- und Sozialausschuss die EU-Spitzen in seiner soeben verabschiedeten Stellungnahme auf, größere Anstrengungen zur Stärkung der internationalen Rolle des Euro zu unternehmen. Dies sei wünschenswert, aber auch notwendig, da ein starker Euro den Wohlstand der Bürger und Unternehmen der EU mehrt, die gemeinsamen Werte wahrt und den gemeinsamen Interessen dient, betont der Ausschuss.


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.


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.


Europe and its Member States have to deliver wellbeing to the citizens and this can only be done through investments and jobs. This means that the impact which taxes and tax measures have on investments, jobs, trade and growth must be brought to the forefront of the debate.

While the OECD stresses that all taxes have the potential to discourage growth, its analysis of tax structures has found corporate taxes to be the form of taxation that is most harmful to economic growth. Empirical studies confirm that there is a negative relationship between corporate taxes and economic growth.

In order to encourage a broader and more balanced discussion on taxation, the Employers' Group requested that the EESC commission, in 2018, the study on The role of taxes on investment to increase jobs in the EU – An Assessment of Recent Policy Developments in the field of corporate taxes.