Officious transposition of the EU law at the national level undermines Single Market, increases costs and hinders development. Numerous governments of Member States use transposition process as an opportunity to address domestic political issues which results with "goldplating". This unfavorable tendency has negative impact on business and should be avoided by all possible means. Good regulation, consistent and stable legal framework, both at the national and the European level is what business counts on - these are some of the conclusions of the conference "Transposition of the European law – the key challenge to business activity", that took place on 6 December 2016 in Zagreb, Croatia.
In a recently adopted opinion, the European Economic and Social Committee (EESC) welcomes the European Commission's proposal to amend the European System of Financial Supervision (ESFS) with the objective of better tackling money laundering and terrorist financing in the European banking and financial sector, but calls for more comprehensive measures. These issues are, in its view, becoming increasingly dangerous in terms of the stability, safety and reputation of financial institutions and the financial sector as a whole. Additional measures are therefore of the utmost importance.
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.
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.
Public Hearing on Strengthening the international role of the euro: European and international perspectives in the framework of ECO/489. This event will take place on Thursday, 4 April 2019, from 10 a.m. to 1 p.m. The European Economic and Social Committee (EESC) is bringing together policy-makers and civil society representatives for an exchange of views from a European and an international perspective.
The public hearing on "Towards a more resilient and sustainable European economy with a vision for completing EMU" to be held on Friday, 12 April 2019, starting at 11.30 a.m., will discuss from a wider civil society perspective the future of the European economy and the political initiatives and decisions that need to be taken during the upcoming legislative term and beyond. Taking into account the conclusions of the debate, the EESC will draw up two own-initiative opinions, entitled "Towards a more resilient and sustainable European economy" and "A new vision for completing the Economic and Monetary Union", to be forwarded to the new European Parliament and European Commission.
Thematic debate on "Taxation of the Digital Economy", with Rita de la Feria, renowned tax expert (listed in the Global Tax 50, 2015 and 2016) and professor of tax law at the University of Leeds, organised during the ECO Section meeting on Friday, 5 May 2017, at the EESC premises in Brussels.
This public debate, titled "Beyond GDP: Measuring people's well-being and societies' progress", with Ms Martine Durand, OECD Chief statistician and Co-chair of the High-Level Expert Group (HLEG) on the Measurement of Economic Performance and Social Progress will be held on Tuesday, 4 June 2019, starting at 14.30 p.m. The aim of the debate is to explore the opportunities for the civil society to more actively support the development and implementation of socio-economic indicators alternative to GDP. The report of the HLEG, 'Beyond GDP: Measuring What Counts for Economic and Social Performance' will serve as a starting point for the discussion.
The EESC supports the Commission's ambition for the European Union to lead the way in the global fight against money laundering and terrorism, in which all stakeholders should join forces. To feed into the political debate and decision making process and to make sure the needs of civil society are duly taken account of, the EESC is organising a public hearing on "The fight against money laundering, terrorist financing and tax evasion".
Given that Europe's priority today is to promote sustainable growth and investment within a fair and better integrated market, the corporate tax reforms package will help to provide a fair and efficient taxation of corporate profits. The EESC is currently drawing up three interlinked opinions on key proposals presented and in this framework the Section for Economic and Monetary Union and Economic and Social Cohesion (ECO) will organise a public hearing on "The Corporate tax reforms package - with focus on Common (Consolidated) Corporate Tax Base".