The EESC stresses the usefulness of the Youth Opportunities initiative and is ready to get involved in implementing the initiative by cooperating with the social partners and civil society organisations and through joint action with stakeholders to promote it. The EU's austerity policy and the lack of a clear and generally recognised growth policy could jeopardise the success of the Youth Opportunities initiative, therefore it is vital to create an appropriate economic and financial environment. The EESC emphasises the importance of appropriate education, training and careers advice and believes that it is appropriate to support first work experience and on-the-job training. Quality apprenticeships, placements in enterprises and traineeships are an important means for young people to acquire skills and work experience. The first job should guarantee a set of minimum employment standards. The creation of new high-quality jobs must remain a priority.
The Committee maintains that lessons need to be learned from recent economic and financial crises and a fresh approach adopted to ensure more effective supervision by national, European and international authorities and increased accountability of financial institutions.
The Committee supports the measures aimed at strengthening banks' capital structure and their ability to finance the economy.
With the number of pensioners growing faster than the working population and an economic crisis putting additional pressure on the national budgets, the EU Member States need to find ways of delivering fair, safe and sustainable pensions. Following on from a consultation on European pensions systems in 2010, a new policy paper on sustainable pensions proposes mainly to link retirement age with life expectancy, restricting early retirement, to close the pension gap between men and women and to develop private pension schemes. In its opinion on that White Paper, the EESC recommends that Member States focus their reform efforts on increasing the revenues that fund their pension systems by boosting employment, improving the mechanisms for collecting contributions, and tackling undeclared work and tax evasion.
The EESC is of the opinion that the proposal for a regulation on ship recycling is a rather pale reflection of the previous green paper and the communication on the same subject. The two previous documents provided an impeccable analysis of ship recycling problems in Bangladesh, India and Pakistan and expressed the view that robust measures were needed to tackle the unacceptable conditions in these countries. The measures proposed in the proposal for a regulation do not however solve these problems. The EESC can only conclude that the political will is manifestly absent.
