The EESC endorses the Energy Union and considers its implementation urgent – this could lead to making energy the fifth EU freedom. At the same time, the Committee stresses the need for a clearer message a leading vision – on what European citizens and enterprises will gain from the Energy Union. It also underlines that the Commission, when preparing proposals for reviews of energy legislation, as outlined in the roadmap, should avoid inconsistencies and increasing costs but rather try to simplify processes. The Committee recommends that the most urgent priority, notwithstanding the importance of security of supply and the sustainability, should be action on energy costs.
Outcome of the meeting of the Transport, Telecommunications and Energy Council on 05/03/2015
The EESC wants the conditions be created for an efficient, modern financial services sector with appropriate regulations, which grants access to capital providers by companies seeking investment, especially SMEs and high growth companies, and finds it of utmost importance to overcome the current fragmentation of the markets.
Since a Capital Markets Union (CMU) is to a significant extent a reality for large companies, the EESC stresses the need for measures that will also allow SMEs to benefit from it, for example through accepting simplified standardised criteria for registration on regulated markets, and providing a definition of an emerging growth and high growth company and devoting special attention to the needs of such companies on the capital market.
Building a Capital Markets Union for the EU - Philip Tod, European Commission DG FISMA
The EESC considers that smart cities can become drivers for development of a new European industrial policy that can influence the development of specific productive sectors, extending the benefits of the digital economy onto a large scale. To achieve this, it is essential to converge towards a development model that is more advanced and effective than those applied to date, which have been characterised by extremely fragmented action.
Download — EESC opinion: Smart cities as a driver of a new European industrial policy
Since the entry into force of the Lisbon Treaty, the investment policy is an exclusive competence of the European Union. The EU is aiming to include therefore in the new trade and investment agreements provisions on investor protection and investor to state dispute settlement (ISDS) which will replace existing Bilateral Investment Agreements (BIT) signed by Member States and will grant the same level of protection to all EU investors.
The EESC opposes ISDS in TTIP and CETA and calls for an International Investment Court
The Employment Guidelines cover job creation, skills supply, well-functioning labour markets, social protection and fighting poverty. They should set quantified objectives for employment and poverty reduction, and support entrepreneurship and the social economy. Public investment should not be considered as expenditure. Workers' mobility should safeguard the transferability of their social rights.
3D printing, in combination with the internet, robotics and open-source software, will result in a new industrial revolution with profound implications over the coming years for national economies, business models and education.
3D manufacturing – better known as 3D printing – is a process that uses digital "blueprints" to produce three-dimensional products and parts. It is also referred to as "additive manufacturing". A wide variety of materials are commonly used in this process: bioplastics, gypsum, gold, etc. Particular attention should be paid here to the origin of products. There are unprecedented opportunities in this field for businesses.
