So far, actions to boost the development of a circular economy in Europe have centred on production, getting industries to introduce circular business models and bring circular options to the market.
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In times where the impact of climate change can already be felt in agriculture, it is very likely that environmental degradation will also put pressure on our food system.
The European Union has already realised this challenge and has come up with proposals to meet these challenges on time. Food 2030 and Food 2050 are key proposals for what needs to be done in the next legislature 2019-2014.
According to the new study commissioned by the European Economic and Social Committee, cross-border services generate new jobs and economic growth. They are positive for all EU countries, for different kinds of jobs – both labour and knowledge intensive. The document proves that avoiding strict regulation in the cross-border services internal market is beneficial for the EU economy. A reduction of the share of cross-border services by 1 % would cost the EU economy around 8 billion euro.
In a recently adopted opinion, the European Economic and Social Committee (EESC) welcomes the European Commission's proposal to amend the European System of Financial Supervision (ESFS) with the objective of better tackling money laundering and terrorist financing in the European banking and financial sector, but calls for more comprehensive measures. These issues are, in its view, becoming increasingly dangerous in terms of the stability, safety and reputation of financial institutions and the financial sector as a whole. Additional measures are therefore of the utmost importance.
European business and consumer representatives united in a lukewarm welcome of the Commission's proposed New Deal for Consumers at the European Economic and Social Committee's plenary session on 20 September. Taking a position on the package, the Committee wondered whether the New Deal does in fact live up to its promise of making consumer legislation in Europe fit for the digital age. Focusing on the actual enforcement of existing consumer protection rules should have been a priority, in the EESC's view.
The EESC believes that the European Commission's Action Plan is a good basis but that additional measures are needed to tap the full potential of financial technology and to ensure certainty and protection for all market participants
How best to ensure online consumer protection: this was the focus of the 20th European Consumer Day, a joint event of the European Economic and Social Committee (EESC) and the Bulgarian Economic and Social Council held in Sofia on 20 March. The conference "The digital economy: what deal for consumers" was an opportunity for experts and policy-makers to discuss the new challenges to consumer protection posed by digitalisation from both a European and a national perspective.
On 20 March the European Economic and Social Committee (EESC) together with the Bulgarian Economic and Social Council will host its 20th European Consumer Day. The event will take place in Sofia this year.
The EESC acknowledges the Commission's Communication Tackling Illegal Content Online – Towards and enhanced responsibility of online platforms as a first and useful step but is not satisfied with its scope. It therefore calls on the Commission to establish programmes and effective measures to provide a stable and consistent legal framework for the efficient removal of illegal content.
How to boost consumer confidence in cross-border financial services was the main focus of the EESC's opinion on the European Commission's proposed Action Plan for consumer financial services. A key role for local retail banks, regulation of non-European Internet giants and simple, "flagship" products accessible across borders were the EESC's key recommendations to build consumer trust in the single market.