Opinions with Diversity Europe - Group III members as rapporteur/co-rapporteur/rapporteur-general
Europe is embarking on a transition towards climate neutrality and digital leadership. European businesses can lead the way as we enter this new age, as they has done in the past.
Small and medium-sized enterprises (SMEs) are essential to Europe’s competitiveness and prosperity. Based on the new SME Strategy, the EU will support SMEs by:
- encouraging innovation through new funding and digital innovation hubs as part of the sustainable and digital transitions;
- cutting red tape by reducing barriers within the Single Market and opening up access to finance;
- allowing better access to finance by setting up an SME Initial Public Offering Fund (with investments channelled through a new private-public fund) and the ESCALAR initiative (a mechanism to boost the size of venture capital funds and attract more private investment).
While acknowledging the progress made by the Commission in taking account of smaller and less complex banking institutions in its recent regulatory measures, the EESC believes it would be useful to further increase the proportionality of banking rules, without sacrificing the effectiveness of prudential rules.
The EESC endorses the recent decision to push back the date for implementing the Basel III accord, and feels that when the time comes, the new provision on capital requirements should be transposed in a way that caters properly for the diversity of banking business models in Europe.
The Commission's new Circular Economy Action Plan focuses on sustainable products, less waste, product value chains, and circularity in regions and cities, and the global level.
This EESC opinion will respond to the European Commission's proposal for a regulation on establishing a European Climate Law and it will look into the role of citizens in driving the transformation towards climate neutrality.
The opinion presents the EESC's proposal for the new European Disability strategy 2020-2030, at a crucial moment in the EU landscape. With a new European Commission, a new European Parliament and a new budget programming period, the timing is perfect to come up with a Disability Strategy that fully takes into account the UN Convention on the Rights of Persons with Disabilities (UNCPRD), the Sustainable Development Goals and the 2030 Agenda for Sustainable Development. The opinion tackles various policy areas, drawing attention to the crosscutting character of disability rights.
The proposed opinion will look at new approaches to more fairly distributing the burden of transformation towards a sustainable Europe.
Blockchain technology contributes to achieving the Sustainable Development Goals (SDGs), empowers citizens, boosts entrepreneurship and innovation, improves mobility and cross-border opportunities for businesses while enhancing transparency for consumers. However, several challenges still remain to be addressed, in particular the urgent matter of providing legal clarity and certainty and protecting privacy.
The EESC supports the Commission's aim of ensuring equal treatment, for VAT purposes, for armed forces of Member States working together within an EU framework and NATO armed forces employed in the EU, which already benefit from VAT exemption. The Committee suggests that different national tax authorities should have one system under which the new exemptions are implemented.