When the international economic and financial crisis struck, it exposed the structural limitations and contradictions in EMU, depriving the euro of its propensity to attract. The crisis proves that it takes much more than a set of "accountancy" rules such as the stability pact and others, because the underlying problems are not technical but economic and political. Some progress has been made in the past few years by putting in place new rules and mechanisms, notably parts of a Banking Union, but the construction works are far from being completed yet, which contributes to the persisting climate of uncertainty among citizens and business, and hinders the growth potential of the European economy ...
The EESC President, Georges Dassis, participated in the 2016 edition of the 'Spotlight on Jobs' conference, dedicated to labour issues. The event addressed various thematic issues, such as the reform of the labour market, the new role of trade unions, immigration, and innovation. He emphasised the ...
EESC conference with the upcoming Slovak Presidency, 14th June in Bratislava
The European Economic and Social Committee (EESC) organised a conference in cooperation with the future Slovak Presidency of the EU Council and the active participation of the Slovak EESC Members, in Bratislava on 14th June 2016. The speakers included:
The EESC organised a conference in cooperation with the future Slovak Presidency of the EU Council and the active participation of the Slovak EESC Members, in Bratislava on 14th June 2016. Held in the context of a meeting of the EESC bureau, the conference aimed to launch a close cooperation between the EESC and the Slovak Presidency of the EU Council. The topic "Impact of technological change on the social security system and labour law" was requested by the Presidency, indicating its focus, among others, on the European Pillar of Social Rights. The Slovak Minister, Ján Richter said ...
The ECO section discusses the Commission's package on Deepening EMU with Valdis Dombrovskis, Roberto Gualtieri and other institutional and civil society representatives
The economy for the common good in the spotlight at the European Parliament
At an event organised in the European Parliament on 10 December 2015, EESC member Carlos Trias Pintó discusses with European policymakers and key stakeholders how to further advance towards a "European Ethical Market" based on the principles set out in the "Economy for the Common Good".
"Appropriate finance facilities for businesses are a key prerequisite for economic growth". The 1st European Microfinance Day (EMD) on 19 and 20 Oct 2015 was co-organised by the EESC to raise awareness of microfinance as a tool to fight social exclusion and unemployment in Europe. In the presence of Her Majesty Queen Mathilde of Belgium and Commissioner Marianne Thyssen, the President of the EESC´s ECO Section for Economic and Monetary Union and Economic and Social Cohesion, Mr Joost van Iersel, underlined the importance in the EU of strengthening competitiveness, sustainable development and social inclusion.
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.
The European economy loses over 2% of productivity per year due to a mismatch of skills, according to a recent study commissioned by the European Economic and Social Committee. This means a loss of 80 eurocents for each hour of work. The situation will get even worse in the future due to demographic trends and ongoing technological developments, if no reforms are undertaken.
The European Economic and Social Committee (EESC) has used an own-initiative opinion to call for sufficient funding resources to be put in place for implementing the European Pillar of Social Rights. Adopted at its plenary session on 19 April 2018, the opinion calls for improvements in the Member States and a robust commitment in terms of budget, investment and current spending to make the Social Pillar a reality.