Sovereign bond-backed securities (SBBS) can contribute to a greater diversification of and a risk reduction for sovereign bond portfolios held by banks and other financial operators. This could have a positive impact on the stability and resilience of the financial system and improve financial market integration.
Majandus- ja rahaliidu ning majandusliku ja sotsiaalse ühtekuuluvuse sektsioon (ECO) - Related News
On 24 October, ECO Section Bureau member, David Croughan, along with representatives of other major Brussels based institutions, attended the IMF policy lunch in the Stanhope Hotel, hosted by Jeffrey Franks, IMF Senior Resident Representative to the EU.
The EESC firmly believes that cohesion policy is a key element for Europe's future, warranting sufficient resources and appropriate reform. It therefore rejects the Commission's proposal that the cohesion policy budget be cut back for the next programming period (2021-2027) and points to the potentially harmful effect on effectiveness, profile and reputation.
At its October plenary session, the EESC adopted a package of three opinions on EU economic governance, providing European decision-makers with new input for the ongoing discussions on deepening Economic and Monetary Union (EMU) and the next European Semester exercise.
At a meeting of the Parliament's Committee on Budgets on 9 October, EESC member Javier Doz Orrit assured the European Parliament of the EESC's full support in the quest for a strong Multiannual Financial Framework (MFF) for 2021-2027.
Mr Krister Andersson, rapporteur for the EESC opinion on "Taxation of profits of multinationals in the digital economy", participated as a speaker at the event “Common (Consolidated) Corporate Tax Base (C(C)CTB)“, organized by the IFA Austria in Vienna, on 8 October 2018.
The new EESC European Semester Group reflects the growing importance of the European Semester and the lack of involvement and policy contributions on the part of social partners and civil society organisations in the process
Commissioner Oettinger joined EESC plenary to discuss the Multiannual Financial Framework for 2021-2027
Mr Krister Andersson participated as a speaker in the Klaus Vogel Lecture 2018, in Vienna
Stakeholders stressed the importance of cohesion policy and the need for appropriate and effective funding