Cost of living

  • Adopted on 16/07/2025 - Bureau decision date: 05/12/2024
    Reference
    ECO/660-EESC-2025-2025-00091
    Plenary session number
    598
    -
    Download — EESC opinion: Recommendations of organised civil society to address the cost-of-living crisis
    • Record of Proceedings ECO/660
  • Adopted on 19/06/2025 - Bureau decision date: 05/12/2024
    Reference
    REX/596-EESC-2025
    Employers - GR I
    Greece
    Civil Society Organisations - GR III
    Cyprus
    Plenary session number
    597
    -
    Download — EESC opinion: Fragmentation of supply chains and impact on the cost of living
    • Record of proceedings REX/596
  • Adopted on 19/06/2025 - Bureau decision date: 05/12/2024
    Reference
    SOC/823-EESC-2025
    Workers - GR II
    Spain
    Plenary session number
    597
    -

    In this opinion, the EESC is presenting several recommendations to mitigate the effects of the cost-of -living crisis. These include:

    • investment in people and the economy, fair taxation, quality and affordable public services and  targeted support for the most vulnerable;
    • short- and long-term industrial policy and efforts to boost competitiveness;
    • stronger use of social dialogue, collective bargaining, and civil dialogue to address labour market challenges;
    • wage and minimum wage increase as way of protection;
    • more investments in  education as a powerful preventive tool against exclusion, marginalisation, and inequality
    Download — EESC opinion: How to address the loss of purchasing power and the risk of rising inequalities, exclusion and marginalization
    • Record of proceedings SOC/823
  • Adopted on 18/06/2025 - Bureau decision date: 05/12/2024
    Reference
    CCMI/239-EESC-2025
    Employers - GR I
    Spain
    (Slovakia
    Plenary session number
    597
    -
    Download — EESC opinion: Reindustrialisation of Europe – opportunity for businesses, employees and citizens in the context of the cost-of-living crisis
    • Record of proceedings CCMI/239
  • Adopted on 30/04/2025 - Bureau decision date: 05/12/2024
    Reference
    ECO/661-EESC-2024-04534
    Civil Society Organisations - GR III
    Romania
    Plenary session number
    596
    -

    This own-initiative opinion constitutes the contribution of the ECO section to the 2025 EESC transversal own-initiative opinion package on the cost-of-living crisis, looking at specific economic policy measures that can help make the European economy future-proof.

    Download — EESC opinion: Measures for a resilient, cohesive and inclusive European economy
    • Record of proceedings ECO/661
  • Adopted on 30/04/2025 - Bureau decision date: 05/12/2024
    Reference
    TEN/846-EESC-2024
    Workers - GR II
    Austria
    Plenary session number
    596
    -
    Download — EESC opinion: Price hikes in transport, energy and housing: the role of quality public services in tackling the high cost of living
    • Record of proceedings TEN/846
  • Adopted on 30/04/2025 - Bureau decision date: 05/12/2024
    Reference
    NAT/946-EESC-2024
    Civil Society Organisations - GR III
    Romania
    Plenary session number
    596
    -

    EESC opinion NAT/946 Phasing out fossil fuel subsidies while ensuring European competitiveness, mitigating the cost-of-living crisis, and promoting a just transition. Foreseen adoption at the EESC Plenary: 29-30 April 2025.

    Download — EESC opinion: Phasing out fossil fuel subsidies while ensuring European competitiveness, mitigating the cost-of-living crisis, and promoting a just transition
    • Record of proceedings NAT/946
  • Adopted on 29/04/2025 - Bureau decision date: 05/12/2024
    Reference
    INT/1078-EESC-2025-00004-00-00-AC-TRA
    Employers - GR I
    France
    Plenary session number
    596
    -

    This own-initiative opinion will examine the impact of single market fragmentation on the cost of living and competitiveness and look into successful EU initiatives to tackle such issues. It will aim at proposing possible solutions, with particular attention to consumer protection, to the cost-of-living crisis.

    Download — EESC opinion: How single market dysfunctionalities contribute to the rising cost of living
    • Record of proceedings INT/1078
  • The European Economic and Social Committee (EESC) has adopted a new opinion urging the EU to place reindustrialisation at the heart of its response to the cost-of-living crisis. This is part of a broader EESC strategy aimed at tackling Europe’s ongoing cost-of-living crisis through a series of sectoral and umbrella opinions. The Committee argues that a stronger industrial base is key for securing quality jobs, boosting innovation and strengthening Europe’s economic resilience.

  • At its June plenary session, the European Economic and Social Committee (EESC) adopted a pivotal opinion addressing the growing threat of social exclusion and marginalisation driven by the erosion of purchasing power. This opinion, part of the EESC’s broader cost-of-living crisis package, focuses on the social dimensions of the crisis and outlines a comprehensive strategy to safeguard vulnerable populations and reinforce Europe’s social fabric.