The pandemic transformation is causing a significant shift in the global balance of power. The EU must act as soon as possible to boost Europe's economic resilience in the COVID-19 context and build its open strategic autonomy. This includes, among other elements, strengthening the international role of the euro, increasing the resilience of European financial market infrastructures, and improving the enforcement of EU sanctions.
Against this background, the European Economic and Social Committee (EESC) welcomes the recent communication of the European Commission on The European economic and financial system: fostering openness, strength and resilience [COM(2021) 32 final] and will hold a public hearing to discuss the specific policy recommendations and key actions it contains. The hearing will feed directly into the upcoming EESC opinion on the Commission's communication and the related inter-institutional debate.
The debate will take place on Thursday, 22 April 2021 from 10.00 to 13.00 as an online event, webstreamed live on the EESC website.
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