Following a heated debate, the European Economic and Social Committee adopted at its 10-11 July plenary session an opinion on the review of the tobacco directive proposed by the European Commission. In its opinion, the EESC argues that the changes proposed by the Commission will have serious consequences for jobs, the economy and tax revenues, thereby breaching other fundamental EU objectives such as full employment and restored growth. However, the European Economic and Social Committee is also fully aware of the risks that tobacco poses to public health.
Download — Manufacture, presentation and sale of tobacco and related products
A coherent Industrial Policy requires far better governance – the EESC position. The EESC welcomes very much the focused attention to Europe's industry, as expressed in the Commission's update on Industrial policy of October 2012. The present opinion insists on a change of mind-set in the Member States (MS) and the EU Council. It stresses the need of coherent decision-making on a wide variety of issues, and effective governance at EU level. Only then industrial policy can become a building block of an EU Growth Initiative of which there is still little effective action.
Download — "A Stronger European Industry for Growth and Economic Recovery" Industrial Policy Communication Update COM(2012) 582 final
The opinion should take stock of the current situation of civil society in Serbia (legal environment, relations with the authorities, situation of social and civil dialogues) and propose recommendations for possible EU action in this field. The opinion will provide an opportunity to get the views of Serbian civil society organisations in the course of a study visit to Serbia.
Download — The role of civil society in EU-Serbia relations
This exploratory opinion, requested by the Lithuanian presidency, sheds light on the specific contribution that State-owned enterprises can make to the EU's competitiveness. It pinpoints the specific challenges that exist in this area for EU policy and the European institutions. As part of its consideration of the way in which public undertakings could contribute more to the EU's economic recovery and competitiveness, the Committee has addressed the issue of Europe's Services of General Economic Interest in a number of opinions. The EESC also raises the question of the economic activities of the EU's executive agencies, wondering if they are truly independent, while their tasks and responsibilities lead them to be directly involved in socio-economic activities.
Download — EESC opinion: Economic potential of EU - State-owned enterprises
The EESC welcomes initiatives to foster productive investment and the formation of long-lived tangible and intangible capital but urges the Commission to give greater attention to the need to finance more "socially useful" capital investment. If banks are likely to play a less prominent role in the future as providers of long-term financing, then opportunities may arise for other intermediaries such as national and multilateral development banks, institutional investors, sovereign funds and, crucially, bond markets. The EESC welcomes the recent recapitalisation of the EIB as this will strengthen its ability to leverage additional private investment finance and to play a stronger countercyclical role in investment funding and credit supply to SMEs..
(...) The EESC believes that developing an inclusive green economy will be Europe's main challenge in the coming years if it wants to remain a global economic power. At the Rio+20 conference, the EU pledged its commitment to the green economy as a form of sustainable development. Now is the time for the EU to take action. This is why we need an economic development model that prioritises public investment and draws up adequate incentives for private investment to develop "green" infrastructure and R&D&I, with the dual purpose of promoting production in order to emerge quickly from the current recession and guiding our transition through this third industrial revolution from a leading economic and social position (...)
Download — The green economy – promoting sustainable development in Europe
The EESC welcomes the proposal put forward by the Commission to introduce the world's first regional financial transaction tax (FTT). The Committee believes that its application at regional level (EU11+ zone) could constitute an exceptional opportunity, which could lead to its future application worldwide. The Committee believes that the introduction of this tax within the EU11+ will foster the establishment of a single financial market. The Committee believes that, in order to maximise the impact of the tax on economic growth, the revenue that it raises should be channelled into a programme of investment at national and EU levels capable of delivering economic recovery and jobs in the short term.
