The EESC strongly believes in the importance of the next Semester cycle as a key instrument for implementing the Recovery and Resilience Facility.
However, it is still concerned about the lack of clarity in most Member States as regards their National Recovery and Resilience Plan governance systems and the distribution of responsibilities for their implementation.
The EESC would also draw attention to the need to measure progress in implementation, for which good monitoring indicators are needed; in this connection it welcomes the "Recovery and Resilience Scoreboard" initiative.
Moreover, the COVID-19 crisis has highlighted the need for a strong industrial policy to avoid dependence on other economic zones for many products and services.
The EESC wants to see real action in this respect by Member States, in terms of investment in education, infrastructure and industrial policy to raise employment and boost European industry.
This additional opinion complements and updates the proposals made in the yearly EESC AGS opinion. The EESC welcomes country-specific recommendations focus on investment and underlines that special attention must be paid to productive investments and investment in social infrastructure to prioritise sustainable growth. Next year's cycle should contain more CSRs to combat the existential threat of climate change. Investment would also be needed to enable the implementation of the social pillar to prevent an increase of social, economic, and environmental inequality. Taxation should favour this type of investment.
The opinion examines the possible introduction of a new concept into EU law: "low-profit". This concept would define all organisations that are likely to make a profit but that do not intend to distribute it to their owners or shareholders, as they have a different purpose.
EESC opinion: Towards an appropriate European legal framework for social economy enterprises (own-initiative opinion)
Making a reality of the European Pillar of Social Rights (the "Social Pillar") will require improvements in Member States and a robust budgetary base, investment and current spending.
More public investment within Member States can be facilitated by reference to a Golden Rule for public investment with a social objective, which would allow more flexibility in budget rules with a view to achieving the aims of the European Pillar of Social Rights. More public investment can also be supported by the use of existing EU instruments, especially the European Structural and Investment Funds (ESIFs), and by the European Fund for Strategic Investments (EFSI). This support should explicitly include objectives linked to the Social Pillar.
EESC opinion: Funding the European Pillar of Social Rights (own-initiative opinion)
The European Economic and Social Committee (EESC), at the request of the Belgian Presidency of the Council of the EU, has unveiled crucial recommendations aimed at bolstering social cohesion, managing debt and prioritising investments in healthcare and employment across Europe. The EESC expressed concern that tight budgets might slow down progress in fighting poverty and climate change.
The Civil Society Organisations' Group organised a photography exhibition in collaboration with the City of Culture of Galicia in the framework of its conference on EU food sovereignty: the role of agriculture, fisheries and consumers. The subject of the exhibition supported and complemented the Group's and the EESC's work on resilient and sustainable European food systems. The Group invited the Galician artist, Adrián Baúlde, to present parts of the series Mariscadoras.
