Sovereign bond-backed securities (SBBS) can contribute to a greater diversification of and a risk reduction for sovereign bond portfolios held by banks and other financial operators. This could have a positive impact on the stability and resilience of the financial system and improve financial market integration.
Efficient market infrastructure and intermediaries enhance the capital flow from investors to European investment projects
- Economic resilience and labour market resilience must go hand in hand
- Commitment to deepening EMU through stabilisation and upward convergence is crucial
- Urging Member States into contractionary fiscal stances may be problematic
A European Economic and Social Committee (EESC) hearing has drawn up preventive measures and alternative approaches for future crises
The government, representatives of organised civil society and other interest groups call for fresh impetus for the European Union
Η ΕΟΚΕ προκρίνει την παροχή δημοσιονομικών κινήτρων εστιασμένων στις δημόσιες επενδύσεις, με παράλληλη ιεράρχηση των διαρθρωτικών μεταρρυθμίσεων για την ενίσχυση της παραγωγικότητας και τη δημιουργία ποιοτικών θέσεων εργασίας
Η Ευρωπαϊκή Οικονομική και Κοινωνική Επιτροπή (ΕΟΚΕ) διαφωνεί με την πρόταση της Ευρωπαϊκής Επιτροπής για έναν γενικά ουδέτερο δημοσιονομικό προσανατολισμό κατά το 2018 και αντιπροτείνει έναν ελαφρώς θετικό δημοσιονομικό προσανατολισμό της τάξης του 0,5% του ΑΕΠ.
EESC member Carmelo Cedrone takes part in an international conference in the US
On 2-3 November 2015, a conference to discuss the relations between the Eurozone and the Americas was held at the University of Texas at Austin. The conference brought together representatives of several universities in Europe, North and South America, the European Parliament, the US Senate, etc. They addressed very interesting questions, in particular the problem of debtor-creditor relationships in the modern world, the Eurozone matters, its economic and political governance, etc. The EESC was represented by Carmelo Cedrone, vice-president of the ECO section.
Further measures at national and European level needed to counter the impact of future crises
The EU Member States must urgently work on a stable, prosperous and more resilient EMU: this was one of the main conclusions of a public debate on completing the Economic and Monetary Union (EMU), hosted by the European Economic and Social Committee (EESC) on ...
"Appropriate finance facilities for businesses are a key prerequisite for economic growth". The 1st European Microfinance Day (EMD) on 19 and 20 Oct 2015 was co-organised by the EESC to raise awareness of microfinance as a tool to fight social exclusion and unemployment in Europe. In the presence of Her Majesty Queen Mathilde of Belgium and Commissioner Marianne Thyssen, the President of the EESC´s ECO Section for Economic and Monetary Union and Economic and Social Cohesion, Mr Joost van Iersel, underlined the importance in the EU of strengthening competitiveness, sustainable development and social inclusion.
On 7th February, as we mark the 25th anniversary of the Maastricht Treaty, the European Economic and Social Committee turns to political leaders, the European civil society organisations which we represent, and all European citizens, with a call: the call for social and economic solidarity, which is urgently needed across Europe. 25 years ago, Europe was in turmoil: the aftermath of the Cold War; the fall of the Berlin Wall and the reunification of Germany; the path of Eastern European countries to democracy, all shaped the zeitgeist. Yet, on this momentous day in 1992, the 12 nations of the European Communities signed this European Treaty, thus creating the European Union as we know it and its greatest achievement, the single currency. Today, the geo-political landscape ...