Majandus- ja rahaliidu ning majandusliku ja sotsiaalse ühtekuuluvuse sektsioon (ECO) - Related Events

The COVID-19 pandemic and the consequent huge global leap to digitalisation has put the taxation of companies in the spotlight of public debate. 

Activities of organised crime organisations like money laundering and the tapping of public funds have consequences for the economy, business and society. A crisis like the Covid-19 pandemic may be an opportunity for organised crime to spread their activity, gain power and even innovate to find new ways to pursue their objectives.

In the process of building a more sustainable and resilient economy after the economic shock caused by COVID-19, it is crucially important to redirect investment flows. When making investment decisions, we have to increasingly take due account of environmental, social and governance (ESG) considerations, alongside the calculations on financial returns. 

Following the outbreak of the COVID-19 pandemic, the European Economic and Social Committee (EESC) played a central role in bringing the consensual views of organised civil society in the EU to the attention of policy-makers and contributing to the rapidly evolving economic policy response at European level. 

In this regard, we believe that now is the time for the EU institutions to make decisive steps in approving swiftly the new Facility and putting in place the necessary implementation mechanisms at European and national level, so that the hardest hit Member States, citizens and businesses can benefit from the relevant EU funding when they need it most.