Growth

The EESC calls for the establishment of a dedicated Union strategy for islands (Islands Pact), supported by a specific legislative framework (Islands Act). That framework should be accompanied by a formal strategy and provide for the effective implementation of an ‘insularity clause’, with a view to systematically integrating the specific needs and constraints of islands into Union policies on cohesion, transport, energy, state aid, the environment and maritime affairs.

The EESC regrets, that the Commission has once again refrained from presenting the Annual Sustainable Growth Survey (ASGS) and stresses that sustainable economic growth is a necessary condition for Europe to meet its multiple commitments, welcomes the European Macroeconomic Report, which provides a deep dive into the underlying structural challenges facing the EU and the new recommendation on human capital, which is a crucial element in filling the EU technological gap, also taking into account the EU demographic challenge. The Committee reiterates its call for more robust common fiscal capacity, supported by targeted issuances of joint debt, to help fill this growing gap in public investment, and for permanent macroeconomic stabilisation instruments to address shocks.

The debate on new own resources should evolve beyond technical adjustments and become a strategic reflection on how to strengthen the EU’s financial autonomy, cohesion and competitiveness. The EESC encourages the European Commission to further refine the overall design of the proposed own-resources package to make it ambitious, balanced and future-oriented.

The EESC warns that a weak long-term EU budget would undermine competitiveness, cohesion, agriculture and democracy. The Committee calls for a stronger, fairer and future-proof multiannual financial framework (MFF) for 2028 to 2034.