You are here

Growth

Displaying 1 - 10 of 207

Pages

Adopted on 01/07/2015
Reference: 
ECO/379-EESC-2015-01333-00-00-ac-tra
Plenary session: 
509 -
Jul 01, 2015 Jul 02, 2015

The EESC wants the conditions be created for an efficient, modern financial services sector with appropriate regulations, which grants access to capital providers by companies seeking investment, especially SMEs and high growth companies, and finds it of utmost importance to overcome the current fragmentation of the markets.

Since a Capital Markets Union (CMU) is to a significant extent a reality for large companies, the EESC stresses the need for measures that will also allow SMEs to benefit from it, for example through accepting simplified standardised criteria for registration on regulated markets, and providing a definition of an emerging growth and high growth company and devoting special attention to the needs of such companies on the capital market.

EESC opinion: Capital Markets Union

Downloads: 

Building a Capital Markets Union for the EU - Philip Tod, European Commission DG FISMA

Comments on the European Commission's Green Paper on a Capital Markets Union - U.S. Chamber of Commerce

Presentation on CMU by DG FISMA - ECO Section meeting 18-06-2015

Adopted on 17/02/2016
Reference: 
ECO/384-EESC-2015-05437-00-02-ac-tra
Plenary session: 
514 -
Feb 17, 2016 Feb 18, 2016

As the recovery of Europe's economies remains sluggish and fragile and the level of investment remains low, it should be a matter of priority to deploy every possible means to achieve a robust and stable economy. The Committee therefore endorses the goals of the action plan i.e. to mobilise capital in Europe and channel it to all companies, infrastructure and long-term projects. The Committee has serious concerns, however, regarding the relevance and effectiveness of the capital markets union for SMEs. They must be able to choose the funding channels that suit them best. At the same time the EU's economic and financial stability should be one of the priorities of the capital markets union. There should thus be more simplification, transparency and comparability of financial instruments.

EESC opinion: Action Plan on Capital Markets Union

Downloads: 

The Capital Markets Union Package - European Parliament

Ongoing (updated on 19/02/2019)
Reference: 
ECO/481-EESC-2018-05434
Plenary session: 
541 -
Feb 20, 2019 Feb 21, 2019

The EESC welcomes the reforms aimed at increasing high-quality investment and productivity growth, inclusiveness and institutional quality, and to ensure macro-financial stability and sound public finances. The EESC also welcomes the recognition of the need for investment focused on education and training and the need to strengthen the EU’s social dimension. However, it remains to be specified how these objectives are to be achieved. The EESC underlines that progress is very slow and proposals often rather modest in areas where new policies have been proposed, including fair taxation, the banking union and the functioning of the euro area. Moreover, the EESC recognises the importance of addressing climate change but measures so far adopted remain insufficient.

 

EESC section opinion: Annual Growth Survey 2019 (communication)

Adopted on 14/07/2011
Reference: 
ECO/297-EESC-2011-1170
Plenary session: 
473 -
Jul 13, 2011 Jul 14, 2011

The EESC calls for financial education to become a compulsory subject on the school curriculum, and this education should be followed up in training and retraining programmes for workers. As a subject, financial education should encourage responsible saving and promote socially responsible financial products.

EESC opinion: Financial education and responsible consumption of financial products

Adopted on 17/09/2015
Reference: 
ECO/378-EESC-2015-02060-00-00-ac-tra
Plenary session: 
510 -
Sep 16, 2015 Sep 17, 2015

The Economy for the Common Good model proposes the transition towards a "European Ethical Market" which will foster social innovation, boost the employment rate and benefit the environment, for example through using indicators of wellbeing and social development beyond the GDP such as the Common Good Product and the Common Good Balance Sheet. The EESC considers that the Economy for the Common Good model is conceived to be included both in the European and the domestic legal framework and demands from the European Commission, in the framework of the upcoming renewed CSR strategy, to make a qualitative step in order to reward (in terms of public procurement, access to external markets, tax advantages, etc.) those enterprises that can demonstrate higher ethical performance.

EESC opinion: Economy for the Common Good

Downloads: 

Towards a better measurement of welfare and inequalities

Scoping study to identify potential circular economy actions, priority sectors, material flows and value chains - European Commission

The circular economy - Connecting, creating and conserving value - European Commission

Adopted on 20/01/2016
Reference: 
ECO/385-EESC-2015-04971-00-01-ac-tra
Plenary session: 
513 -
Jan 20, 2016 Jan 21, 2016

The EESC welcomes the proposals to establish a system of "simple, transparent and standardised" securitisation (STS securitisations), that should enable significant additional resources to be generated for bank funding. That is very important, for SMEs and households in particular. There should be clarity as to the risk involved and who bears that risk, taking account of the whole chain from the issuer to the investor. It is important now is that the mistakes of the past are not repeated. Small investors and consumers should not have access to securitisation due to the complexity and risk involved, the Committee calls for a formal prohibition to be explicitly included in the texts.

EESC opinion: Legal framework for securitisation

Downloads: 

The Capital Markets Union Package - European Parliament

Pages