Investments and free flow of capital are essential for Europe's growth. However, the EU's capital markets are still underdeveloped and fragmented. Therefore, the European Commission adopted an Action plan on "Capital Markets Union" in 2015 aiming to create a true single market for capitals in Europe.
The EESC today adopted a resolution in support of the Schengen Agreement, entitled "Free to move, Support Schengen". The representatives of European civil society are concerned about the pressure being put on the Schengen Agreement and its use as an easy scapegoat for all the shortcomings in the management of Europe's borders.