In this opinion, the EESC stresses that the alignment of the circular economy and bioeconomy is crucial for sustainable development and calls for a strong, interlinked strategy to foster innovation, support rural jobs, and ensure the EU stays competitive within planetary boundaries.
The employment guidelines, proposed by the Commission and approved by the Council, set common priorities and targets for national employment policies. Despite strong labour market performance in 2023, growing labour and skills shortages are hindering economic growth and competitiveness, potentially slowing green and digital transitions. Inequalities in the labour market persist, and artificial intelligence is reshaping work and employment structures. Social protection systems must adapt to this evolving landscape. In this opinion, the EESC stresses the importance of upward convergence, enhancing the European Semester's role in coordinating economic policy, and strengthening social dialogue and collective bargaining. The EESC also calls for greater involvement of social partners in employment reforms, boosting labour supply, improving access to quality jobs, and addressing staff shortages.
This own-initiative opinion stems from the European Commission call for an "Industry 5.0" based on: human centricity, sustainability and resilience. Industry 5.0 aims thus at broadening the previous concept of Industry 4.0, providing a transformative vision for a sustainable, human-centric and resilient European industry. This opinion will reflect on how to concretely implement the concept of Industry 5.0.
This opinion is part of the EESC pilot "Enlargement Candidate Members (ECM)" where representatives from Turkey will take part in the study groups an in the Section meeting. The Turkish representatives are: Özgür Burak Akkol (Turkish Confederation of Employer Associations (TİSK), for Group I), Cavit Demiral (Confederation of Turkish Real Trade for Group II) and Ayşe Yürekli (Women Entrepreneurs Association of Türkiye, for Group III).
The proposed opinion aims to have a constructive influence on policymakers, especially on EU level, providing an objective analysis of the issues at hand and presenting concrete suggestions that may inform legislative action. It will provide insights and recommendations for the development of an effective waste treatment, resource management and circularity measures across the Union in a way that reflects the views and concerns of the social partners, industry and CSOs on this issue.
Climate change is an existential threat for the European economy. Therefore, a comprehensive approach is needed. In this context, based on the empirical and data analyses related to the impact of climate change on the real economy, macroeconomic and financial stability is essential. As things currently stand, intensified natural disasters will lead to unprecedented costs that will have an unpredictable impact on public finance.
The European economy is currently on a downward trend. This will lead to lower revenue and, at the same time, higher demand for spending – mainly related to the costs of climate change, higher borrowing costs and negative trends in demographic development.
The need for open and transparent budgetary processes has never been more critical. The multiannual financial framework (MFF) emerges as a crucial tool for aligning financial resources with the Union's long-term priorities. The EESC has highlighted significant gaps in the current MFF, including its limited scope in addressing contemporary challenges such as Europe's aging population and strained budgets due to inflation.
The EESC therefore explores a paradigm shift towards Open budgets in the EU –a framework that encompasses not only participatory budgeting but a broader spectrum of fiscal transparency and citizen engagement across all stages of the budget cycle. This approach is aimed at enhancing the responsiveness and effectiveness of EU budget allocations, thereby fostering a more resilient, inclusive, and democratic European economy.
Public Procurement was better framed in successive EU regulations and, with a view to more accessible and transparent access to it, the procedures were formulated in a more supportive manner. Its importance will continue to increase, both at a national level in the Member States and at a more local level.
Several challenges remain Particularly at the national level, the size and volume play to the advantage of larger companies that can rely on experience and expertise when drawing up files. At a more local level, there are opportunities for MSMEs and, even more specifically, for companies in the social economy. These opportunities require active attention and guidance from both the requesting and offering parties.
In this opinion, the EESC calls for a general European strategy for geothermal energy development in order to harness the potential of geothermal energy. Geothermal energy production has extremely low greenhouse gas emissions, thus reducing the continent’s dependence on fossil fuels and facilitating its decarbonisation, thereby making a significant contribution to achieving the EU’s 2050 climate neutrality goals.
The Annual Competition Report for 2023 presents the key policy developments and legislative initiatives undertaken in 2022, as well as a selection of important enforcement actions.
