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.
How can we foster the completion of the internal market? How would the strengthening of EMU contribute to ensuring a favourable business environment? What influence will Brexit have on the EU economy? These are just some of the questions that we will set out to address during the conference entitled "The Future of the European Union – Employers' perspectives". The event will take place on 21 June 2018 in Madrid, Spain. The conference is being jointly organised by the Employers' Group of the European Economic and Social Committee and the Spanish Confederation of Employers' Organizations (CEOE).
As a follow-up to the Consumer Dialogues, "Les Assises des Consommateurs" (the 2018 Consumer Summit) showcased the results of this outreach and offered the opportunity for debate and conclusions.
Rewarding enterprises that can demonstrate higher ethical performance
The conference is around the merits and the applicability of a concept for a new sustainable economic model based on core values such as solidarity, human dignity, social justice, environmental sustainability, transparency and democratic participation. This "Economy for the Common Good" is thought to contribute to the transition towards a "European Ethical Market" which will foster social innovation, boost the employment rate and benefit the environment. This model is to be realised within the market economy, it is not opposed to the market economy.
In times of limited fiscal space it is ever more important to effectively use the EU budget to contribute to achieving the policy goals of the European Union, in particular as regards growth and job creation. We need to emphasise budgetary performance more strongly than in the past. For this to happen the nature and the scope of the expenditure is crucial. Moreover, better results can be assured by consequent application of a control framework and performance-based budgeting, using a comprehensive set of performance indicators.A performance-oriented culture is, however, not acquired in a single step, but through a process of development.
To drive forward this process the EESC is organising a public hearing on "A performance-based EU budget and its focus on real results: The key to sound financial management", was held at the EESC's premises on Wednesday, 29 June 2016, starting at 2.30 p.m
The European Standardisation System must become as inclusive as possible, to involve a wide range of participants (representative of businesses of all sizes, consumers and societal stakeholders such as trade unions, environmental NGOs, etc.) and develop close cooperation among partners (European Standardisation Organisations (ESOs), National Standardisation Bodies (NSBs) and public authorities at the European and national levels).
The event aims to discuss the challenges and opportunities facing the European Union in the post-2020 era. The discussions will focus on the programme of the new European Commission, which will be taking up office in just a few weeks' time. The speakers will also exchange views on a wide range of topical issues, such as the challenges posed by new technologies, Brexit, sustainable development and the development of Europe’s Green Deal. The event will be addressed by Deputy Prime Minister Dr Chris Fearne and by leading local business representatives and stakeholders in the European institutions.
The European Economic and Social Committee (EESC) is currently drawing up an own initiative opinion on "Promoting innovative and high growth firms". In order to gain further insights the EESC is organising a public hearing on 7 July 2016 at the University of Santiago de Compostela, Spain, with the objective to contribute to map Europe's challenges and opportunities in this area and to create an environment supportive of creating innovative and high growth firms. The hearing will help formulating recommendations for policy makers on measures and actions needed to address the situation.
The EESC, in cooperation with the Federation of Traders, Producers and Entrepreneurs of Central-East Macedonia and Thrace and the Thessaloniki’s Traders Association, will be organising a hearing as part of its preparatory work in order to issue a rigorous, qualitative own-initiative opinion on "The potential of family and traditional businesses to boost the development and economic growth in the regions".
Europe and its Member States have to deliver wellbeing to the citizens and this can only be done through investments and jobs. This means that the impact which taxes and tax measures have on investments, jobs, trade and growth must be brought to the forefront of the debate.
While the OECD stresses that all taxes have the potential to discourage growth, its analysis of tax structures has found corporate taxes to be the form of taxation that is most harmful to economic growth. Empirical studies confirm that there is a negative relationship between corporate taxes and economic growth.
In order to encourage a broader and more balanced discussion on taxation, the Employers' Group requested that the EESC commission, in 2018, the study on The role of taxes on investment to increase jobs in the EU – An Assessment of Recent Policy Developments in the field of corporate taxes.