The future Polish Presidency has asked the EESC to develop an exploratory opinion, as deepening the integration of the services sector in the EU is one of the planned priorities of this Presidency; therefore the opinion could be useful in the context of the discussions foreseen at the COMPET Council on 6 March 2025. As the single market for services is still incomplete - even after the 30th anniversary of the single market itself - the opinion aims at providing a diagnosis of this issue and an analysis of the significant untapped potential of this sector.
A comprehensive approach is needed to revive EU competitiveness, requiring a reconsideration of the regulatory framework. Competition policy, particularly market definition, is sometimes criticized for hindering European companies' growth.
Securitisation is the process of transforming a batch of debts into a marketable security, that is backed by the original debts. This process can increase the availability of credit, increasing investment and supporting economic growth in a way that increases competitiveness and improves labour market.
This own-initiative opinion will present a thorough description of the challenges and opportunities that come with securitisation, and provide concrete policy proposals for a possible future revision of the securitisation regulation.
This subject of this own-initiative opinion is multidimensional, requiring from the opinion to address a wide spectrum of subtopics, while having a clear and logical thread.
The aim of the opinion is to draw attention to the impact of the non-Schengen status of Bulgaria and Romania and neighbouring EU-countries on the Single Market, to assess the impact of non-Schengen membership on the competitiveness of these countries and the potential costs/benefits of Schengen for them, and to propose recommendations for policy-makers on how to address the negative effects of non-Schengen on the Single Market.
The exploratory opinion requested by the Commission and by the Presidency of the Council of the EU focuses on general-purpose AI models (GPAI), their use by institutions, bodies and businesses and the impact they have. Based on the consultations and opinion´s findings, the EESC believes that to be competitive in GPAI, Europe must invest in secure connectivity and backbone infrastructure as well as in a resilient supply chain to ensure that generative AI can be harnessed for European players and aligned with Europe´s values and needs. A coordinated European and national investment in innovation is needed, and the tools of competition policy need to be mobilised in order to combat a market concentration dominated by large, often non-European, digital companies.
The proposed opinion aims to have a constructive influence on policymakers, especially on EU level, providing an objective analysis of the issues at hand and presenting concrete suggestions that may inform legislative action. It will provide insights and recommendations for the development of an effective waste treatment, resource management and circularity measures across the Union in a way that reflects the views and concerns of the social partners, industry and CSOs on this issue.
The European Economic and Social Committee (EESC) was asked by the upcoming Hungarian Presidency of the Council of the EU to produce an exploratory opinion on paving the way to EU accession for the Western Balkans, underlining the benefits of the future enlargement to the region from a holistic point of view.
