There is no viable alternative to a more political Eurozone, focusing more on the big priorities that matter for its citizens than on specific numerical targets and technical issues. Once again, the EESC calls on the European political leaders to accelerate the process of deepening Economic and Monetary Union (EMU) in order to ensure more convergence among the Member States and to make the EU as a whole more prosperous, competitive and resilient to external shocks, within a concept of shared sovereignty.
Gazdasági és monetáris unió - Related News
The European Economic and Social Committee held a debate today on the state of the European economy and the prospects for deepening the Economic and Monetary Union (EMU) with Pierre Moscovici, European Commissioner for Economic and Financial Affairs, Taxation and Customs.
Last week the Council of Ministers decided to extend the European fund for strategic investments (EFSI 2.0), with an additional half a trillion euros of investments by 2020. The EESC Plenary today called for its immediate implementation, a geographically balanced coverage across the EU and ensuring the involvement of private capital. According to Alberto Mazzola, EESC rapporteur on EFSI: "We propose, while guaranteeing the proper use, an ever greater involvement of private capital: the bond market ...
On 30 November 2016, the ECO President, Joost van Iersel, attended a presentation and a discussion of a report on the outcome of the Eurochambers' questionnaire distributed among 50.000 European companies, mostly small- and medium-sized. The meeting was hosted by the Union of Chambers of Turkey.
Joost van Iersel, President of the ECO section, and Carmelo Cedrone, rapporteur on EMU, participate in a public conference organised by the Greens in the European Parliament
On 17 November 2016, the ECO President, Joost van Iersel, was invited to speak in a public conference in the European Parliament, debating the Greens' proposals for a reform of the euro area set-up. Mr van Iersel was accompanied by Carmelo Cedrone, EESC rapporteur on EMU. A number of other high-level speakers also addressed the conference, including Wolfgang Munchau, José Leandro, Frank Vandenbroucke, Sebasten Godinot, Veronica Nilsson and Gerhard Huemer.
EESC member Petr Zahradník attends the event as co-rapporteur for the new EESC opinion on the euro area economic policy recommendations for 2017
On 9 November 2016, Petr Zahradník, EESC Member and rapporteur, followed the structured dialogue between the EP ECON Committee and Valdis Dombrovskis, European Commission Vice-President for the euro and social dialogue, also in charge of financial stability, financial services and capital markets union. VP Dombrovskis' intervention was focused on several topics of the EU economic policy, the current state of the European economy and many regulatory issues related to financial markets, prudential supervision as well as the efficiency of the banking sector.
Joost van Iersel, President of the EESC's ECO section, attends the EPC 20th Anniversary Conference
When the international economic and financial crisis struck, it exposed the structural limitations and contradictions in EMU, depriving the euro of its propensity to attract. The crisis proves that it takes much more than a set of "accountancy" rules such as the stability pact and others, because the underlying problems are not technical but economic and political. Some progress has been made in the past few years by putting in place new rules and mechanisms, notably parts of a Banking Union, but the construction works are far from being completed yet, which contributes to the persisting climate of uncertainty among citizens and business, and hinders the growth potential of the European economy ...
At its plenary meeting on 17 March 2016, the European Economic and Social Committee gave a clear message to the European Commission, calling on it to draw up conclusive proposals which go further in completing Europe's Economic and Monetary Union without delay. In a package of opinions, the Committee put forward the points of view of the social partners and civil society on the package of proposals for Deepening EMU which the Commission published at the end of last year.