A coherent Industrial Policy requires far better governance – the EESC position. The EESC welcomes very much the focused attention to Europe's industry, as expressed in the Commission's update on Industrial policy of October 2012. The present opinion insists on a change of mind-set in the Member States (MS) and the EU Council. It stresses the need of coherent decision-making on a wide variety of issues, and effective governance at EU level. Only then industrial policy can become a building block of an EU Growth Initiative of which there is still little effective action.
As the recovery of Europe's economies remains sluggish and fragile and the level of investment remains low, it should be a matter of priority to deploy every possible means to achieve a robust and stable economy. The Committee therefore endorses the goals of the action plan i.e. to mobilise capital in Europe and channel it to all companies, infrastructure and long-term projects. The Committee has serious concerns, however, regarding the relevance and effectiveness of the capital markets union for SMEs. They must be able to choose the funding channels that suit them best. At the same time the EU's economic and financial stability should be one of the priorities of the capital markets union. There should thus be more simplification, transparency and comparability of financial instruments.
The EESC welcomes the reforms aimed at increasing high-quality investment and productivity growth, inclusiveness and institutional quality, and to ensure macro-financial stability and sound public finances. The EESC also welcomes the recognition of the need for investment focused on education and training and the need to strengthen the EU’s social dimension. However, it remains to be specified how these objectives are to be achieved. The EESC underlines that progress is very slow and proposals often rather modest in areas where new policies have been proposed, including fair taxation, the banking union and the functioning of the euro area. Moreover, the EESC recognises the importance of addressing climate change but measures so far adopted remain insufficient.
The EESC President, Georges Dassis, participated in the 2016 edition of the 'Spotlight on Jobs' conference, dedicated to labour issues. The event addressed various thematic issues, such as the reform of the labour market, the new role of trade unions, immigration, and innovation. He emphasised the ...
On 7th February, as we mark the 25th anniversary of the Maastricht Treaty, the European Economic and Social Committee turns to political leaders, the European civil society organisations which we represent, and all European citizens, with a call: the call for social and economic solidarity, which is urgently needed across Europe. 25 years ago, Europe was in turmoil: the aftermath of the Cold War; the fall of the Berlin Wall and the reunification of Germany; the path of Eastern European countries to democracy, all shaped the zeitgeist. Yet, on this momentous day in 1992, the 12 nations of the European Communities signed this European Treaty, thus creating the European Union as we know it and its greatest achievement, the single currency. Today, the geo-political landscape ...
The EESC draws forward-looking conclusions from the 2019 Semester and the Committee's civil society consultations in the Member States
The EESC advocates a fiscal stimulus focusing on public investment, while also prioritising structural reforms to enhance productivity and support the creation of quality jobs
The European Economic and Social Committee (EESC) disagrees with the European Commission's proposal for an overall broadly neutral fiscal stance in 2018, advocating a moderate positive fiscal stance of around 0.5% of GDP instead.