The government, representatives of organised civil society and other interest groups call for fresh impetus for the European Union
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.
EESC member Carmelo Cedrone takes part in an international conference in the US
On 2-3 November 2015, a conference to discuss the relations between the Eurozone and the Americas was held at the University of Texas at Austin. The conference brought together representatives of several universities in Europe, North and South America, the European Parliament, the US Senate, etc. They addressed very interesting questions, in particular the problem of debtor-creditor relationships in the modern world, the Eurozone matters, its economic and political governance, etc. The EESC was represented by Carmelo Cedrone, vice-president of the ECO section.
Further measures at national and European level needed to counter the impact of future crises
The EU Member States must urgently work on a stable, prosperous and more resilient EMU: this was one of the main conclusions of a public debate on completing the Economic and Monetary Union (EMU), hosted by the European Economic and Social Committee (EESC) on ...
There is no viable alternative to a more political Eurozone, focusing more on the big priorities that matter for its citizens than on specific numerical targets and technical issues. Once again, the EESC calls on the European political leaders to accelerate the process of deepening Economic and Monetary Union (EMU) in order to ensure more convergence among the Member States and to make the EU as a whole more prosperous, competitive and resilient to external shocks, within a concept of shared sovereignty.
The EESC presents measures to avoid the severity of austerity in the future and to mitigate the negative effects of previous crisis management
Future crisis management should strive for a better balance between fiscal and social objectives to avoid adverse effects on the economic capacities, labour markets and social protection systems of the countries concerned. Instead of restrictive austerity, the EU institutions should in future crisis situations implement policies in pursuit of economic cooperation, growth and solidarity.
At its plenary meeting on 17 March 2016, the European Economic and Social Committee gave a clear message to the European Commission, calling on it to draw up conclusive proposals which go further in completing Europe's Economic and Monetary Union without delay. In a package of opinions, the Committee put forward the points of view of the social partners and civil society on the package of proposals for Deepening EMU which the Commission published at the end of last year.
It is vital to foster economic growth; only if Europe has a strong economy, can it better face the political and social challenges that stand before it. This was one of the main messages of the EESC opinions adopted yesterday in Brussels. The EESC calls for more investment– both private and public – directly in the countries that need it most. The EU body representing Civil Society also finds that the Juncker plan is not enough ...
Last week the Council of Ministers decided to extend the European fund for strategic investments (EFSI 2.0), with an additional half a trillion euros of investments by 2020. The EESC Plenary today called for its immediate implementation, a geographically balanced coverage across the EU and ensuring the involvement of private capital. According to Alberto Mazzola, EESC rapporteur on EFSI: "We propose, while guaranteeing the proper use, an ever greater involvement of private capital: the bond market ...
The European Economic and Social Committee held a debate today on the state of the European economy and the prospects for deepening the Economic and Monetary Union (EMU) with Pierre Moscovici, European Commissioner for Economic and Financial Affairs, Taxation and Customs.