The EESC welcomes the proposals concerning NPLs made by the European Commission, but recommends a specific impact assessment to ensure the suitability and effectiveness of the proposed measures
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Particular attention should be given to investment in sensitive areas such as infrastructure and key facilities, says the EESC
The EMU needs a common strategic vision, efficient governance mechanisms and a clear social dimension
While endorsing the Commission's reform proposals, the EESC calls for the principles of subsidiarity and proportionality to be applied
More integrated and strengthened financial supervision is needed to make progress towards the completion of the Capital Markets Union (CMU), the European Economic and Social Committee (EESC) urged at its plenary session in February.
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 ...
The reporting mechanism will contribute to more tax justice and fair competition in the EU
The European Commission must set out more precise hallmarks for the proposed reporting obligations on cross-border tax arrangements and transactions in order to prevent subjective interpretation by taxpayers and tax authorities which could lead to...
A European Economic and Social Committee (EESC) hearing has drawn up preventive measures and alternative approaches for future crises
For the EESC, European added value must be at the centre of economic decision-making within the debate on the future of Europe
"EU governance needs a common sense of purpose that goes beyond technical approaches and measures. It is primarily a matter of political will and a shared vision of Europe's future." That is how Joost van Iersel, president of the ECO section in the European Economic and Social Committee (EESC), summarises the EESC's position on the future of the European economy.
How to boost consumer confidence in cross-border financial services was the main focus of the EESC's opinion on the European Commission's proposed Action Plan for consumer financial services. A key role for local retail banks, regulation of non-European Internet giants and simple, "flagship" products accessible across borders were the EESC's key recommendations to build consumer trust in the single market.
Looking back at the achievements of the Maltese Presidency and in particular at the progress made by the business community – this was the focus of a debate during the last Employers' Group meeting on 20 September, with the participation of the Employers' Group members and the presidents of the three major Maltese employers' organisations.