The EESC wants the conditions be created for an efficient, modern financial services sector with appropriate regulations, which grants access to capital providers by companies seeking investment, especially SMEs and high growth companies, and finds it of utmost importance to overcome the current fragmentation of the markets.
Since a Capital Markets Union (CMU) is to a significant extent a reality for large companies, the EESC stresses the need for measures that will also allow SMEs to benefit from it, for example through accepting simplified standardised criteria for registration on regulated markets, and providing a definition of an emerging growth and high growth company and devoting special attention to the needs of such companies on the capital market.
Building a Capital Markets Union for the EU - Philip Tod, European Commission DG FISMA
The EESC considers that smart cities can become drivers for development of a new European industrial policy that can influence the development of specific productive sectors, extending the benefits of the digital economy onto a large scale. To achieve this, it is essential to converge towards a development model that is more advanced and effective than those applied to date, which have been characterised by extremely fragmented action.
Download — EESC opinion: Smart cities as a driver of a new European industrial policy
Since the entry into force of the Lisbon Treaty, the investment policy is an exclusive competence of the European Union. The EU is aiming to include therefore in the new trade and investment agreements provisions on investor protection and investor to state dispute settlement (ISDS) which will replace existing Bilateral Investment Agreements (BIT) signed by Member States and will grant the same level of protection to all EU investors.
The EESC opposes ISDS in TTIP and CETA and calls for an International Investment Court
The Employment Guidelines cover job creation, skills supply, well-functioning labour markets, social protection and fighting poverty. They should set quantified objectives for employment and poverty reduction, and support entrepreneurship and the social economy. Public investment should not be considered as expenditure. Workers' mobility should safeguard the transferability of their social rights.
3D printing, in combination with the internet, robotics and open-source software, will result in a new industrial revolution with profound implications over the coming years for national economies, business models and education.
3D manufacturing – better known as 3D printing – is a process that uses digital "blueprints" to produce three-dimensional products and parts. It is also referred to as "additive manufacturing". A wide variety of materials are commonly used in this process: bioplastics, gypsum, gold, etc. Particular attention should be paid here to the origin of products. There are unprecedented opportunities in this field for businesses.
Health and related sectors are a central aspect of human existence and thus attract particular attention of citizens. The sectors of biomedical engineering and the medical and care services industry – including research and development – are among the fastest growing industrial areas, in terms of turnover as well as employment. Under biomedical engineering we understand the bridging between methods of engineering and medicine and biology for diagnostic and therapeutic measures in healthcare – including, among others, biologics and biopharmaceuticals, pharmaceutical drugs, various types of devices for chemical or biological analysis or processing as well as the development of medical equipment and technology for cure, treatment and prevention of disease. The combination of research and development, engineering and industrial production, and medical and care services is particularly important.
The glass industry is being doubly impacted by the economic crisis, since its activity relies heavily on the economic health of other sectors such as the construction and automotive sectors. Weak economic growth and slowing domestic demand are specifically due to the austerity policies coordinated at European level and together account for the crisis that is affecting the sector.
