The European economy loses over 2% of productivity per year due to a mismatch of skills, according to a recent study commissioned by the European Economic and Social Committee. This means a loss of 80 eurocents for each hour of work. The situation will get even worse in the future due to demographic trends and ongoing technological developments, if no reforms are undertaken.
Addressing the EESC Members at their plenary session today, Margrethe Vestager, EU Commissioner for Competition, argued a strong consumer, business and social justice case for EU competition policy. Citing key recent examples on energy, transport, state subsidies and taxation, the Commissioner underlines that competition drives companies to cut prices and improve products, and brings in the investment to the economy and creates jobs.
The EESC warns against granting China market economy status (MES) and calls on the European institutions to promote fair international competition and actively defend European jobs and European values with efficient trade defence instruments (TDIs). In its opinion, the EESC points to the disastrous impact a possible ...
With this debate, the ECO section is providing ex-ante input to the European Commission, in preparation for the upcoming 2023 strategic foresight cycle that wants to shed light on the strategic decisions needed to ensure a socially and economically sustainable Europe with a stronger role in the world in the coming decades.
On 14 March, the EESC NAT and INT Sections, the Fair Trade Advocacy Office and the Global Competition Law Centre of the College of Europe organise an online conference to continue the debate on how joint sustainability initiatives can be competition law compliant.
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.
The European Economic and Social Committee (EESC) is pleased to announce that a Public hearing on the Application of State aid rules for compensating the provision of services of general economic interest will be held on 10 May 2017 from 9.30 a.m. to 1 p.m. at the headquarters of the EESC, 2 rue Van Maerlant - 1040 Brussels, Room VMA 3.
The main objective of the hearing is to brainstorm on the challenges and opportunities arising from the current State Aid rules for services of general economic interest.
The agro-food supply chain connects important and diverse sectors of the European economy that are essential for economic, social and environmental welfare as well as for the health of European citizens. Over recent years, there has been a shift in bargaining power in the supply chain, mostly to the advantage of the retail sector and to the detriment of primary producers. The position of the most vulnerable actors, such as farmers, should therefore be addressed, in particular by ensuring that prices that allow the farmer to make a fair profit are paid throughout the agro-food supply chain and by putting an end to unfair trading practices.