2018-2019 European Semester country visits (Information report) - Related Opinions
Displaying 1 - 4 of 4
This additional opinion updates and complements the proposals made in the original ASGS opinion, adopted in February this year. The EESC welcomes the step forward towards embracing a more social, inclusive and sustainable economic model, particularly given the economic and social effects of COVID-19. To support the economic recovery and public investment, and in support of a digital and green transformation, the EESC believes that a revision of the Stability and Growth Pact, flexibility in state aid rules and a rethink of tax policy is necessary. Well-resourced public health measures and social security systems are likewise of vital importance. The EESC also welcomes the Commission's proposals for Next Generation EU and sees the ASGS as an opportunity for the EU to shift towards an economic model that gives equal weighing to both economic and social objectives.
The EESC welcomes the approach taken by the annual growth strategy for 2020, based on the four key pillars that are the environment, productivity, stability and fairness and also welcomes the inclusion of the United Nations' 2030 Sustainable Development Goals. It also welcomes the fact that social rights are highlighted in the 2020 growth strategy and hopes that special attention will be given to the gender issue. Long term investment in education, training and skills development and to boost research and innovation, with increased funds earmarked for them, is absolutely crucial and decisive for the EU competitiveness. The greatest priority of all is to restore sustainable growth, above all in the weakest countries and regions. Finally, the EESC agrees on the need to strengthen the stability and resilience of the financial system and tighten the rules governing the financial markets.
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.
Displaying 1 - 4 of 4