The opinion examines the possible introduction of a new concept into EU law: "low-profit". This concept would define all organisations that are likely to make a profit but that do not intend to distribute it to their owners or shareholders, as they have a different purpose.
Making a reality of the European Pillar of Social Rights (the "Social Pillar") will require improvements in Member States and a robust budgetary base, investment and current spending.
More public investment within Member States can be facilitated by reference to a Golden Rule for public investment with a social objective, which would allow more flexibility in budget rules with a view to achieving the aims of the European Pillar of Social Rights. More public investment can also be supported by the use of existing EU instruments, especially the European Structural and Investment Funds (ESIFs), and by the European Fund for Strategic Investments (EFSI). This support should explicitly include objectives linked to the Social Pillar.
Appropriate taxation policies, including effective fight against tax fraud, tax avoidance and aggressive tax planning, should allow Member States and the EU to raise additional means to contribute to the financing of the Social Pillar.
In this era of digitalisation and globalisation, the EESC is calling for major efforts to implement balanced policies that put social, economic and environmental sustainability on an equal footing
To overcome the new imbalances and inequalities that have widened not only between the EU's different regions but also between social classes, genders and generations in European society, European policy-makers should ensure that social sustainability is taken into account in all their policies, the European Economic and Social Committee (EESC) said at its last plenary.
On 24 January the European Parliament, the European Commission and Member States reached an agreement on the Work-Life Balance.
This agreement is a concrete step to make the lives of European working parents and carers easier, said Gaby Bischoff, President of the Workers Group at the EESC.
The EU should amplify the voice of those standing up for rights and freedoms and involve them more closely in its work to safeguard the rule of law
The Workers’ Group of the European Economic and Social Committee (EESC) is following with great concern the situation unfolding in the Federative Republic of Brazil. There have been serious attacks on the social, labour and trade union rights of Brazilian workers: a very tough labour reform that harms the social dialogue, hard won social rights have been cut, independent media have been closed and Brazil’s young democracy, obtained after 20 years of dictatorship (1964-1984), is threatened.
Statement of the President of the Employers' Group
On 20 February 2019 the EESC adopted an opinion calling for an EU framework directive on minimum income. The Employers' Group fully shares the view of the EESC that fighting against poverty is a necessity. However, for us the instrument proposed in the opinion is not the correct one. For this reason, the Group tabled a counter-opinion, presenting its views on measures needed to reduce poverty. The counter opinion was supported by almost 40% of the EESC Members.