The EESC wishes to highlight changes in mindsets in companies that are paving the way to new or adjusted business models. Sustainability is a strategic issue in the World Business Council for Sustainable Development and in similar national initiatives as well as in the preparation of sectoral low-carbon roadmaps at EU level. Changes in the focus and structure of companies and in international value chains are bringing new business models into being.
The Committee reiterates that the ambitious challenges facing the EU make it not only desirable but also necessary to increase the size of the EU budget so as to revitalise economic growth and employment. Furthermore, it welcomes the moves to improve and simplify the structure of the EU budget, so as to substantially deflate the issues of fair return and horizontal fairness between the Member States, focusing instead on effectively achieving Europe's strategic objectives. The EU budget should be exemplary, efficient, effective and transparent, so that it gains credibility in the eyes of the European public.
The EESC calls for financial education to become a compulsory subject on the school curriculum, and this education should be followed up in training and retraining programmes for workers. As a subject, financial education should encourage responsible saving and promote socially responsible financial products.