The euro ranks second in the world as a reserve currency and as a currency used for fixed income securities issues and international trade transactions. However, its use internationally has yet to return to levels before the financial crisis, and its future role in the international monetary system is tied to the economic prospects of the euro area.
Economic and Monetary Union and Economic and Social Cohesion (ECO) - Related News
Organised civil society tables proposals for regaining citizens' support for European integration and achieving sustainable economic growth and social progress in the EU
The European Union urgently needs a new, ambitious and clear strategy for its future. Cohesion policy must be an integral part of it. New provisions for cohesion policy post-2020 must provide for sufficient means and guarantee improved policy efficiency and visibility, urges the European Economic and Social Committee (EESC) in an exploratory opinion on the future of cohesion policy, requested by the Romanian Council Presidency.
Mr Krister Andersson, rapporteur ECO/458 "Taxation in the digitalised economy", participated in the public consultation on the tax challenges of digitalization, organised by the OECD in Paris
The member states of the European Union must strengthen stakeholder involvement in their efforts to reform national economies. Together with a new long-term EU strategy for sustainable development, improved stakeholder involvement could help create a more efficient and inclusive European semester that enjoys the support of society and is prepared to tackle the challenges facing the EU.
At a time of growing social and economic disparities between the regions of the European Union and when Euroscepticism is on the rise, all relevant stakeholders must advocate for an ambitious and future-proof cohesion policy post-2020. The goal must be sustainable and inclusive economic and social growth, competitiveness and employment across the EU.
The EESC draws mixed conclusions from the European Commission's growth survey
The government, representatives of organised civil society and other interest groups call for fresh impetus for the European Union
An effective solution for taxation of businesses in the digitalised economy should be found at the global level, to prevent further unilateral action and to ensure sustainable growth, investment, tax certainty and fairness, international tax experts and civil society representatives stated at a hearing held by the European Economic and Social Committee (EESC) on 29 January.