Growth

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Mid-term revision of the Multiannual Financial Framework

Opinion
Adopted on 20/09/2023
Reference: 
ECO/625-EESC-2023-2023-03172
Referral: 
COM(2023) 336 final
Rapporteur: 
Elena-Alexandra CALISTRU (Diversity Europe - GR III/Romania), Konstantinos DIAMANTOUROS (Employers - GR I/Greece), Stefano PALMIERI (Workers - GR II/Italy) (Diversity Europe - GR III / Romania)
Plenary session: 
581 -
Sep 20, 2023 Sep 21, 2023

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.

EESC opinion: Mid-term revision of the Multiannual Financial Framework

Introducing a European Innovation Stress Test

Opinion
Ongoing (updated on 17/08/2023)
Reference: 
INT/1045-EESC
Rapporteur: 
Olivier JORIS (Employers - GR I / Belgium)

While European policies often aim to foster innovation, they sometimes inadvertently create obstacles for research and development (R&D) initiatives.

Boosting long-term inclusive growth through reforms and investment

Opinion
Ongoing (updated on 25/07/2023)
Reference: 
ECO/630-EESC
Rapporteur: 
Javier DOZ ORRIT (Workers - GR II/Spain), Luca JAHIER (Diversity Europe - GR III/Italy), Wautier ROBYNS DE SCHNEIDAUER (Employers - GR I/Belgium) (Workers - GR II / Spain)

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.

Listing rules for public markets (Listing act)

Opinion
Adopted on 22/03/2023
Reference: 
ECO/602-EESC-2022-05409
Referral: 
COM(2022) 760 final 2022/0405 CODCOM(2022) 761 final 2022/0406 CODCOM(2022) 762 final 2022/0411 CODCOM(2022) 762 final 2022/0411 COD
Rapporteur: 
Kęstutis KUPŠYS (Diversity Europe - GR III / Lithuania)
Plenary session: 
577 -
Mar 22, 2023 Mar 23, 2023

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.

EESC opinion: Listing rules for public markets (Listing act)

Communication on orientations for a reform of the EU economic governance framework

Opinion
Adopted on 22/02/2023
Reference: 
ECO/597-EESC-2022-05434
Referral: 
COM(2022) 583 final
Rapporteur: 
Krister ANDERSSON (Employers - GR I / Sweden)
Co-rapporteur: 
Dominika BIEGON (Workers - GR II/Germany)
Plenary session: 
576 -
Feb 22, 2023 Feb 23, 2023

EESC opinion: Communication on orientations for a reform of the EU economic governance framework

Proposal for an own resources decision

Opinion
Adopted on 18/05/2022
Reference: 
ECO/561-EESC-2021-03929
Referral: 
COM(2021) 566 final COM(2021) 569 final 2021/0429 APPCOM(2021) 569 final 2021/0429 APPCOM(2021) 570 final 2021/0430 CNS
Rapporteur: 
Philip VON BROCKDORFF (Workers - GR II / Malta)
Co-rapporteur: 
Antonio GARCÍA DEL RIEGO (Employers - GR I/Spain)

The EESC considers that it is necessary to add new own resources to cover the debt repayment resulting from borrowing under the NextGenerationEU initiative without jeopardising the budgets of other EU programmes and instruments, or substantially increasing the Gross National Income (GNI)-based resource contribution. Although the Commission proposals as set out in the communication are deemed necessary, EESC believes that the Commission should ensure that the design of the new system is based on achieving equity and fairness, efficiency, transparency, simplicity and stability, with a focus on competitiveness and applying solidarity where necessary.

EESC opinion: Proposal for an own resources decision

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