Enhancing the resilience and sustainability of the EU economy has become more important than ever in light of the challenges that the EU is currently facing: recovering from the socio-economic impacts of the COVID-19 pandemic, softening the effects of the war in Ukraine on the EU economy, while tackling inflation, the energy crisis and implementing the digital and green transitions.
Unjoni Ekonomika u Monetarja - Related Events
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Insularity is considered to be a permanent and unchangeable geographical feature which involves additional costs (transport, energy, waste management, public services, necessity goods and services) that hamper the development and competitiveness of the islands, while particularly exposing them to biodiversity loss and climate change. The organised civil society has an important role to play and tackle all these challenges and through this debate. The aim is to find the best practices and solutions so that EU islands can preform better and recover from the multiple crises.
The ECO Section organizes this public hearing to discuss on the current framework on resolution and insolvency, supervision, and bank deposit insurance scheme, and its reform. This event will bring institutional actors and civil society. Its conclusions will feed the work on the EESC opinion on the reform of the bank crisis management and deposit insurance framework.
The European Economic and Social Committee (EESC) will be producing an own-initiative opinion on the main challenges faced by EU islands and mountainous and sparsely populated areas, which is scheduled for adoption at the EESC's September plenary session. In this context, the EESC, along with the Conference of Peripheral Maritime Regions (CPMR) and the North Sweden European Office (NSEO), will be holding a public hearing in Umeå (Sweden) on 4 May 2023 entitled "Challenges and opportunities that the digital and energy transitions present to the northern sparsely populated areas and islands. How can these regions become drivers for growth and development?". The hearing is an event under the Swedish Presidency of the Council of the EU.
With this debate, the ECO section is providing ex-ante input to the European Commission, in preparation for the upcoming 2023 strategic foresight cycle that wants to shed light on the strategic decisions needed to ensure a socially and economically sustainable Europe with a stronger role in the world in the coming decades.
The negative impact of the COVID-19 crisis on women's social and economic situations triggered a debate on the urgent need for a gender-sensitive policy response to the pandemic. In this context, the establishment of the Recovery and Resilience Facility (RRF) – the EU's biggest financial instrument supporting recovery in the Member States – was an opportunity to channel extraordinary resources towards measures that take into account the principles of gender equality.
In the context of a constantly evolving economic environment and high uncertainty, the ECO section organises a conference to have an open and inclusive debate with policy-makers, civil society representatives and economic researchers to inform and influence the economic policy debates at EU and national levels.
The EESC organised a hearing with the title: "Recapitalising EU companies. An innovative way towards sustained and inclusive recovery" in order to present the views of relevant stakeholders, including SMEs, on equity funding.
When NextGenerationEU and the Recovery and Resilience Facility (RRF) were set up, the EESC's European Semester Group (ESG) welcomed them and stressed the need to link these tools to the European semester's policy framework, the functioning of which would probably need to be overhauled as a result of the introduction of these new tools. Furthermore, the ESG continues to see these tools as an effective way of taking European integration one step forward, while at the same time pointing out means of overcoming the crises currently facing the European Union.
The market of crypto assets continues to grow, bringing with it both opportunities and challenges. Whilst it is important to harvest the potential the technological innovations offer, the associated risks have to be closely monitored. The hearing will take stock of new developments in the crypto sector, raise awareness, and come up with policy proposals to tackle emerging risks, in order to protect consumers and preserve financial stability.
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