The EESC has issued key recommendations for the mid-term revision of the Multiannual Financial Framework (MFF) 2021-2027. The Committee calls for a prompt agreement on the MFF revision still this year, to guarantee continued financial backing of Ukraine and financing the EU´s evolving political priorities. However, the EESC criticizes the proposed changes as being too limited and lacking ambition, resembling mere patches. It advocates for long-term strategies centred on fiscal sustainability, efficient resource allocation, and measures to guard against unexpected events. Civil society should be engaged for effective planning and monitoring of MFF programmes.
Competitiveness
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While European policies often aim to foster innovation, they sometimes inadvertently create obstacles for research and development (R&D) initiatives.
At the request of the Belgian Presidency of the Council of the EU, the EESC is drawing up this opinion to suggest recommendations on how to tackle inequalities, foster upwards social convergence and strengthen social security systems and ensure its long-term affordability, in an EU economic governance framework/European Semester defined around debt sustainability, productive investments and reforms. This opinion is also focusing on the implications of such a framework for the European Semester, and the further strengthening of the social pillar herein. Finally, the opinion also looks at ways of continuing to further develop fiscal instruments that have a stabilising role at the European level, based e.g. on the experience of SURE.
The future Belgian presidency of the Council of the European Union asked the EESC to provide their insights on the rethinking of the internal market in light of the acceleration of the Union’s twin transitions towards a green and digital economy and on crafting a European Industrial Strategy that positions industries as the backbone of Europe's economy.
In a geopolitical context of increasing power competition and intensification of threats to the EU and its Member States, EU leaders have identified space as a strategic domain in the Strategic Compass and have called for an EU Space Strategy for security and defence. The European Commission presented on 10 March such strategy aiming to enhancing the resilience and protection of space systems and services in the EU, responding to space threats, enhancing the use of space for security and defence and partnering for responsible behaviours in outer space.
The preparatory meeting between the rapporteur, the corapporteur and the president of the study group is scheduled for 31 March. The first study group meeting and an expert hearing are scheduled for 3 May and the second study group meeting on 31 May. The document will go to CCMI meeting on 22 June and to EESC plenary on 12-13 July.
The EESC welcomes the Commission Communication and the Commission proposal for a Recommendation on strengthening social dialogue in the European Union. The Committee is fully aligned with the view that social dialogue can be a beneficial tool to drive economic and social resilience, competitiveness, and sustainable and inclusive growth. Establishing a common effective framework, to be implemented at national level for the involvement of social partners, might help ensure that effective and quality consultations with national social partners take place.
The EESC underlines that increased equity funding for European companies is key and therefore strongly welcomes the Listing Act proposed by the Commission. Bringing family-owned companies to capital markets would open up untapped potential to attract capital for growth. In this context, a multiple-voting rights regime helps families to retain control, making listing more attractive to them, and streamlining the contents of a prospectus would significantly reduce costs and burden for issuers.