The EESC issues between 160 and 190 opinions and information reports a year.
It also organises several annual initiatives and events with a focus on civil society and citizens’ participation such as the Civil Society Prize, the Civil Society Days, the Your Europe, Your Say youth plenary and the ECI Day.
The EESC brings together representatives from all areas of organised civil society, who give their independent advice on EU policies and legislation. The EESC's326 Members are organised into three groups: Employers, Workers and Various Interests.
The EESC has six sections, specialising in concrete topics of relevance to the citizens of the European Union, ranging from social to economic affairs, energy, environment, external relations or the internal market.
Small and Medium-sized companies represent 99.8% of all firms, 65% of employment and 53% of the value added generated by the non-financial business sector in the EU. Following the COVID-19 crisis, the public response delivered solutions to address liquidity and short term issues. However, SMEs overindebtedness demands some sort of recapitalisation instrument that allows them to keep or increase their investment effort. The aim of this hearing is to discuss on possible solutions to ease access to equity funding, for instance, through a common EU-wide recapitalisation instrument, along with the presentation of case studies.
In this context of a constantly evolving economic environment and high uncertainty, the ECO section organised a hearing on Thursday, 15 September 2022 (from 10:00 to 13:00) to have an open and inclusive debate. The findings of the hearing will feed into the EESC own-initiative opinion on Recapitalising EU companies.
The event was webstreamed (original, EN, ES and FR).