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.
The EESC welcomes the Regulation on European Venture capital funds.
The EESC particularly welcomes the planned role of European venture funds in supporting jobs creation in innovative, hi-tech European SMEs.
The Committee is also satisfied with uniform requirements for registration of funds all over Europe and the EU-wide marketing passport
However, the EESC draws attention to several limitations, which may weaken the anticipated impact such as limiting the scope of action of the qualifying venture fund. The EESC proposes to broaden the proposed regulation to include shares or units of others EVCFs as well as funds of funds, which may increase the total amount of capital available to SME investments.
The EESC draws attention to the fact that the single passport does not settle the issue of tax transparency of investment vehicles. The problem of cross-border tax obstacles in venture capital should be examined and solutions proposed.