The EESC welcomes as such the Commission's Social Investment Package and the shift in approach it represents. However, the EESC considers that the question of financing remains largely unanswered. Better use of the European structural and investment funds and the best possible targeting of the measures are certainly to be welcomed, but will certainly not be enough to achieve the desired policy shift.
The international economic and financial crisis exposed the structural limitations and contradictions in EMU, depriving the euro of its propensity to attract. The EESC believes that the single currency will be unsustainable unless we achieve convergence between the economic capacities of the euro area countries and improve overall competitiveness, objectives which require economic as well as political commitment. The Treaty on Stability, Coordination and Governance stresses stability without proposing joint financial instruments for recovery and employment. Europe needs to go back to generating wealth in order to redistribute it fairly. Briefly, these are the EESC's four recommendations for completing the euro framework, i.e.
The opinion will seek to examine how trade relations with the region can best be developed by means of a first example country, which is Morocco. Trade relations with Morocco stand out as a priority because the EU currently has the closest trade links with Morocco of all the countries in the region.
