Crescimento

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  • Adotados on 16/03/2016 - Bureau decision date: 07/10/2015
    Referência
    ECO/393-EESC-2015-01-01-06357-00-00-ac-tra
    (Belgium

    The introduction of further risk sharing is to be accompanied by further risk reduction in the Banking Union. Both the EDIS and the relevant risk reduction measures have to be dealt with in parallel and without delay and actually put into effect. An EDIS will have a positive impact on the situation of individual Member States and banks by being more able to cushion local shocks. This may discourage speculation against specific countries or banks, thus reducing the risk of bank runs. At the same time it will further weaken the link between the banks and their national sovereigns. It is imperative that the existing legislative framework of the Banking Union is fully implemented by all Member States. It is important that the Commission carry out a comprehensive in-depth impact study in order to further strengthen the legitimacy of the proposal.

    EESC opinion: European Deposit Insurance Scheme
  • Adotados on 16/03/2016 - Bureau decision date: 10/11/2015
    Referência
    ECO/395-EESC-2015-01-01-06711-00-00-ac-tra
    (Austria
    (Ireland

    Competitiveness is not an end in itself. It is only a sensible objective if it improves people's well-being in practice. The EESC therefore recommends that an updated definition of competitiveness ("competitiveness 2.0") be used in future, taking into account "the ability of a country to deliver the beyond-GDP goals for its citizens". The EESC urges that future discussions refer not to "competitiveness boards" but to "boards for competitiveness, social cohesion and sustainability". The EESC asks the Commission to present concrete proposals on how the following necessary requirements with regards to these boards can be safeguarded: accountability, legitimacy and transparency; representation of balanced unbiased expertise; non-binding character of proposals of the boards; inclusion of the dual role of wages, both as a cost factor and as the main determinant of domestic demand.

    EESC opinion: Establishment of National Competitiveness Boards within the Euro Area
  • Adotados on 16/03/2016 - Bureau decision date: 10/11/2015
    Referência
    ECO/394-EESC-2015-01-01-06709-00-00-ac-tra
    (Italy

    The Commission communication on Steps towards completing EMU can provide a great opportunity to launch a debate at political level and with civil society to draw up conclusive proposals which go further than the current ones. It would be more useful to draw up a proposal for the European Semester as part of a comprehensive agreement on economic governance that goes beyond the status quo, changing macroconditionality and strengthening the Interparliamentary Conference. Democratic legitimacy is not tackled seriously by any of the Commission's operational proposals. The tripartite social dialogue could contribute to this matter. On the basis of its own roadmap, the EESC is committed to putting forward, possibly with the Commission, a plan on stage two (Completing EMU 2017-2025) to discuss these issues in the Member States, beginning with the euro area countries.

    EESC opinion: Steps towards Completing Economic and Monetary Union
  • Adotados on 17/02/2016 - Bureau decision date: 15/09/2015
    Referência
    ECO/384-EESC-2015-01-01-05437-00-02-ac-tra
    (Belgium

    As the recovery of Europe's economies remains sluggish and fragile and the level of investment remains low, it should be a matter of priority to deploy every possible means to achieve a robust and stable economy. The Committee therefore endorses the goals of the action plan i.e. to mobilise capital in Europe and channel it to all companies, infrastructure and long-term projects. The Committee has serious concerns, however, regarding the relevance and effectiveness of the capital markets union for SMEs. They must be able to choose the funding channels that suit them best. At the same time the EU's economic and financial stability should be one of the priorities of the capital markets union. There should thus be more simplification, transparency and comparability of financial instruments.

    EESC opinion: Action Plan on Capital Markets Union (communication)
    The Capital Markets Union Package - European Parliament
  • Adotados on 20/01/2016 - Bureau decision date: 15/09/2015
    Referência
    ECO/385-EESC-2015-04971-00-01-ac-tra
    (Belgium

    The EESC welcomes the proposals to establish a system of "simple, transparent and standardised" securitisation (STS securitisations), that should enable significant additional resources to be generated for bank funding. That is very important, for SMEs and households in particular. There should be clarity as to the risk involved and who bears that risk, taking account of the whole chain from the issuer to the investor. It is important now is that the mistakes of the past are not repeated. Small investors and consumers should not have access to securitisation due to the complexity and risk involved, the Committee calls for a formal prohibition to be explicitly included in the texts.

    EESC opinion: A legal framework for simple, transparent and standardised securitisation
    The Capital Markets Union Package - European Parliament
  • Adotados on 08/10/2015
    Referência
    ECO/382-EESC-2015-01-01-03720-00-01-ac-tra
    Workers - GR II
    Italy
    Plenary session number
    511
    -

    Following the Baltic, Danube and Adriatic Ionian Regions, the Alpine space was the fourth to adopt its macro-regional strategy on 28 July 2015. The EESC welcomes the EU Strategy for the Alpine Region and sees it as an element of value added for the Alpine area as well as a driver for development that can nurture the competitiveness and cohesion of Europe as a whole.

    EESC opinion: EU Strategy on the Alpine Region
  • Adotados on 17/09/2015
    Referência
    ECO/380-EESC-2015-01-01-01820-00-01-ac-tra
    Workers - GR II
    Germany
    Plenary session number
    510
    -

    A genuine stabilisation of the economic and monetary union (EMU) can only succeed if the deficits in the EMU architecture are solved and to this end major reforms are undertaken. The longer the current austerity policy continues, that primarily looks at spending cuts without the addition of an effective investment plan and measures to enhance income through growth, social cohesion and solidarity, it will become increasingly clear that Europe's economic integration and prosperity is at risk from growing social inequalities. The EESC calls for greater "parliamentarisation" of the euro area, with a grand EP committee comprising all members of parliament from the euro area and from those countries wishing to join (26 Member States), combined with stronger coordination of members of parliament from the euro area on EMU issues (COSAC +).

    EESC opinion: The community method for a democratic and social EMU
  • Adotados on 17/09/2015
    Referência
    ECO/378-EESC-2015-02060-00-00-ac-tra
    Civil Society Organisations - GR III
    Spain
    Workers - GR II
    Italy
    Plenary session number
    510
    -

    The Economy for the Common Good model proposes the transition towards a "European Ethical Market" which will foster social innovation, boost the employment rate and benefit the environment, for example through using indicators of wellbeing and social development beyond the GDP such as the Common Good Product and the Common Good Balance Sheet. The EESC considers that the Economy for the Common Good model is conceived to be included both in the European and the domestic legal framework and demands from the European Commission, in the framework of the upcoming renewed CSR strategy, to make a qualitative step in order to reward (in terms of public procurement, access to external markets, tax advantages, etc.) those enterprises that can demonstrate higher ethical performance.

    EESC opinion: Economy for the Common Good
    Towards a better measurement of welfare
    Scoping study
    L'économie circulaire
  • Adotados on 01/07/2015
    Referência
    ECO/379-EESC-2015-01-01-01333-00-00-ac-tra
    Workers - GR II
    Spain
    Employers - GR I
    Bulgaria
    Plenary session number
    509
    -

    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.

    EESC opinion: Capital Markets Union
    Building a Capital Markets Union for the EU - Philip Tod, European Commission DG FISMA
    Comments on the European Commission's Green Paper on a Capital Markets Union - U.S. Chamber of Commerce
    Presentation on CMU by DG FISMA - ECO Section meeting 18-06-2015
  • Adotados on 27/05/2015
    Referência
    ECO/376-EESC-2015-01-01-00551-00-00-AC-TRA
    Plenary session number
    508
    -

    The EESC is of the opinion that persisting imbalances as well as the creation of trust and confidence across Europe require more effective and democratic economic governance, notably in the Eurozone. It has become clear that the current system of rules underpinning the EU, and particularly the euro area, has created confusion on the legal, institutional and democratic fronts. A new approach is therefore needed. With this in mind, the Committee presents its contribution to the new five presidents' report which will propose next steps on better economic governance to the European Council in June. The EESC contribution summarises the different stages and puts forward institutional proposals and preparatory initiatives regarding the completion of the political pillar of the Economic and Monetary Union.

     

    EESC opinion: Completing EMU: The political pillar
    Preparing for Next Steps on Better Economic Governance in the Euro Area - presentation by Baudouin Regout (European commission)
    Completing Political Union: How the Euro-Union could work - presentation by Ulrike Guérot (The European Democracy Lab, European School of Governance, Berlin)
    The political and institutional aspects of further euro area integration - presentation by Elmar Brok (European Parliament)
    The political and institutional aspects of further EMU area integration - presentation by Bernard Snoy (ELEC)
    The political and institutional aspects of further euro area integration - presentation by Johannes Lindner (ECB)