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 ...
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.
The European Economic and Social Committee (EESC) has pronounced itself in favour of a simple, transparent and standardised securitisation system in Europe. While Europe is still feeling the aftershock of the 2008 financial crisis, triggered by an uncontrolled and runaway securitisation system in the US, why is this now back on the table? Because a new securitisation system in Europe can still be secure, given certain conditions, and can create growth through the unlocking of additional credit.
Activities of organised crime organisations like money laundering and the tapping of public funds have consequences for the economy, business and society. A crisis like the Covid-19 pandemic may be an opportunity for organised crime to spread their activity, gain power and even innovate to find new ways to pursue their objectives.
Following the outbreak of the COVID-19 pandemic, the European Economic and Social Committee (EESC) played a central role in bringing the consensual views of organised civil society in the EU to the attention of policy-makers and contributing to the rapidly evolving economic policy response at European level.
In this regard, we believe that now is the time for the EU institutions to make decisive steps in approving swiftly the new Facility and putting in place the necessary implementation mechanisms at European and national level, so that the hardest hit Member States, citizens and businesses can benefit from the relevant EU funding when they need it most.
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.
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.
In this public event organised on 5 February 2019 in Madrid, we are looking to kick-start a debate on the principle features of the European Union economy, its current state and governance, taking into account the present and perspectives for the future, as well as the economic policies related to macroeconomics, taxation and finance.
The Spanish economy will be discussed using a European perspective, framed by the economic situation and European policy.
Organized jointly by the European Economic and Social Committee (EESC) and the Representation of the European Commission in Spain, the intention is to create a dialogue between representatives of civil society, the Spanish government and academia.
Growth and jobs remain an overarching priority for all EU Member States and for the EU as a whole. The Employers' Group of the EESC is organising an extraordinary Meeting in Malta on 11 may 2017 from 2pm to 5.30pm to reflect on EU's initiatives to mobilise private investment including the extension in time and financial capacity of the European Fund for Strategic Investment which is a priority file during the Maltese Presidency. The conference will also be the occasion to discuss the specific case of Malta which has been able to attract private sector investment in the presence of the Prime Minister, the Parliamentary Secretary for EU funds, representatives from Business, academics and other Maltese and European stakeholder.
The EESC is currently working on an opinion on the proposal on extending EFSI. In the framework of the elaboration of the opinion, the Section for Economic and Monetary Union and Economic and Social Cohesion (ECO) organised on 10 November 2016 from 10 a.m. a public hearing on The extension of the duration of the European Fund for Strategic Investment (EFSI 2.0).