The European Economic and Social Committee backs increased regulation of crypto-assets, with robust, coherent rules to better protect investors across the EU in line with current measures applied to traditional financial services.
Stručna skupina za ekonomsku i monetarnu uniju te ekonomsku i socijalnu koheziju (ECO) - Related News
The EESC held a debate in plenary on the growing importance of organised civil society and cities in Europe's ability to face asymmetric shocks and unforeseen crises. This was linked to the adoption of two opinions, on Flexible Assistance to Territories (FAST-CARE) and on the Ljubljana Agreement on the Urban Agenda of the EU. The Committee welcomes both initiatives, but finds they miss the bar in terms of properly empowering and involving organised civil society.
How should wages and company profits be taxed in a way that answers the needs of today's work environment? In an opinion adopted during its July plenary session, the European Economic and Social Committee takes up this challenge, while welcoming and encouraging the rise of teleworking.
In an exploratory opinion, the European Economic and Social Committee (EESC) insists on the importance of coordinated European legislation establishing tax rates for digital service companies. This will ensure a growth-friendly business environment and benefit the internal market, while avoiding the gaps that separate national initiatives would create.
A resilient, sustainable and inclusive Europe is only possible if organised civil society is systematically involved in both national recovery plans and the Commission's new REPowerEU strategy. During its annual conference in June, the European Semester Group (ESG) renewed its call for a regulation or directive to ensure civil society participation, and proposed a permanent and common investment financing mechanism to enhance crisis preparedness and response capacity.
Cohesion policy is key to overcoming the COVID-19 crisis, to achieving climate neutrality by 2050 and to reducing disparities in Europe. Its most serious challenge for the foreseeable future, however, is the war in Ukraine, the EESC cautions in a recent opinion. Rapid action is needed to help refugees and ensure the country's European integration.
The European Economic and Social Committee is calling on the European Commission to carry out more targeted impact assessments of its proposals for new EU budget funding sources to repay NextGenerationEU debt. The EESC generally agrees with the proposed EU "own resources" revenues for the budget. However, they need to be stable and fair – and should not burden households or businesses.
In its resolution on the involvement of organised civil society in the implementation and monitoring of the National Recovery and Resilience Plans (NRRPs) the European Economic and Social Committee calls for clear rules to effectively involve social partners and civil society organisations in the Member states' strategies to bring the economy back on track.
Trillions of euros are needed for Europe's economic recovery. EU proposals for accessible investment data and long-term funding must be more flexible and promote a transparent level playing field, to include more investors and businesses in capital markets.
Taxation is a major tool for financing the recovery, as well as the digital and green transition. But the old national and international rules are no longer fit for some of the new business models used today. In an opinion adopted during its March plenary, the European Economic and Social Committee (EESC) welcomed the European Commission's (EC) proposed Directive on a global minimum level of taxation for multinational groups in the EU. However, the Committee also points out possible shortcomings in the proposal and suggests key additions.
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