Opinions and other works with Civil Society Organisations - Group III members as rapporteur/co-rapporteur/rapporteur-general

The EESC welcomes the simpler and more transparent economic governance framework, the reduction of the pro-cyclical bias, the improvement in national ownership and strengthened enforcement, the differentiation and more tailored fiscal adjustment path of each Member State, based on a common-risk framework. However, the Committee proposes replacing the requirement obliging any Member State with a budget deficit of over 3% to cut that deficit by an average of 0.5% of GDP annually, and emphasises that the "technical trajectory" should be first in the hands of national governments and, at a second stage, be the result of a technical dialogue with the European Commission In due course. In due time, but by 2026 at the latest, an EU fiscal capacity should be established to meet at least some of the investment needs for common priorities and to allow Member States the fiscal space to meet the fiscal costs of the multiple transitions.

The EESC has issued key recommendations for the mid-term revision of the Multiannual Financial Framework (MFF) 2021-2027. The Committee calls for a prompt agreement on the MFF revision still this year, to guarantee continued financial backing of Ukraine and financing the EU´s evolving political priorities. However, the EESC criticizes the proposed changes as being too limited and lacking ambition, resembling mere patches. It advocates for long-term strategies centred on fiscal sustainability, efficient resource allocation, and measures to guard against unexpected events. Civil society should be engaged for effective planning and monitoring of MFF programmes.

The objective of this evaluation report is to assess the implementation of the Recovery and Resilience Facility (RRF) atmid-term. The RRF is the EU’s main instrument to mitigate the economic and social impact of the COVID-19 pandemic. In particular, the EESC will examine, from the point of view of the organised civil society, the effectiveness and relevance of this instrument, as well as aim to determine the added value of civil society involvement in achieving the RRF Regulation’s objectives. The evaluation will also cover later developments, such as the REPowerEU initiative. The results of the EESC's evaluation will feed into the Commission's evaluation, the completion of which is scheduled for Q1 2024.