The EESC assesses how the EU’s sustainable finance framework can be made more robust and fit for purpose given its importance for the EU’s economic, social and climate objectives. The EESC affirms that simplification should not come at the cost of ambition. While administrative streamlining is needed, the focus should be on how requirements can be implemented more effectively, not on weakening standards. The EU’s regulatory strength and predictability are important competitive advantages that should be preserved amid growing geopolitical and economic uncertainty.
On 11 February, the European Commission published its 2025 work programme. Several initiatives in the work programme – initiatives to enhance competitiveness through the promotion of reforms and investments, both private and public, the new the Savings and Investment Union, as well as the next Multiannual Financial Framework, just to name a few – fall in the remit of the Section for Economic and Monetary Union and Economic and Social Cohesion (ECO) of the European Economic and Social Committee (EESC). We organise this debate to discuss with representatives of the Commission and the members of the EESC the conditions and actions needed for the EU and its Member States to successfully implement what is outlined in the Commission and achieve the shared goals of the Union.
This own-initiative opinion constitutes the contribution of the ECO section to the 2025 EESC transversal own-initiative opinion package on the cost-of-living crisis, looking at specific economic policy measures that can help make the European economy future-proof.
