The EESC is currently working on an opinion on the proposal on extending EFSI. In the framework of the elaboration of the opinion, the Section for Economic and Monetary Union and Economic and Social Cohesion (ECO) organised on 10 November 2016 from 10 a.m. a public hearing on The extension of the duration of the European Fund for Strategic Investment (EFSI 2.0).
The EESC presents the second edition of its brochure "FINANCIAL EDUCATION FOR ALL - An EESC publication on financial education strategies and best practices within the European Union".
In the context of this event, a panel debate addresses the importance of financial education given the evaluation of the framework conditions.
The EESC supports the Commission's ambition for the European Union to lead the way in the global fight against money laundering and terrorism, in which all stakeholders should join forces. To feed into the political debate and decision making process and to make sure the needs of civil society are duly taken account of, the EESC is organising a public hearing on "The fight against money laundering, terrorist financing and tax evasion".
The European Economic and Social Committee, the International Confederation of Popular Banks, the European Association of Co-operative Banks, the UNICO Banking Group, and the European Association of Craft, Small and Medium-Sized Enterprises will organize the conference “Co-operative Banks and innovation in SME Financing” in Brussels on 9 November 2016.
The conference will bring to the forefront the raise of technology players in financial services. The focus will be on the SMEs' financing and on the interaction between these new players and the cooperative and popular banks.
The European Economic and Social Committee (EESC) is currently drawing up an own initiative opinion on "Promoting innovative and high growth firms". In order to gain further insights the EESC is organising a public hearing on 7 July 2016 at the University of Santiago de Compostela, Spain, with the objective to contribute to map Europe's challenges and opportunities in this area and to create an environment supportive of creating innovative and high growth firms. The hearing will help formulating recommendations for policy makers on measures and actions needed to address the situation.
- The EESC underlines that increased equity funding for European companies is key and therefore strongly welcomes the Listing Act proposed by the Commission;
- believes that bringing family-owned companies to capital markets would open up untapped potential to attract capital for growth, and a multiple-voting rights regime helps families to retain control, making listing more attractive to them;
- estimates that the publication of a full-scale document, and not only the summary, in national languages would empower local retail investors. Using "English-only" issuance documents would hinder the development of a national retail investment base.
- The EESC expected a clearer stance on reducing exposure to UK central counterparties (CCPs) and more specific rules and incentives after Brexit;
- asks the Commission to explain the specific definition of the term "urgently", and for the co-legislators to establish which exemptions are considered "urgent" decisions;
- proposes that civil society be involved in the monitoring mechanism established under Article 23c, and that the EESC takes part in the Joint Monitoring Mechanism as an observer.
Position Paper of the EESC Employers’ Group on the reform of the Stability and Growth Pact
Insurance Recovery and Resolution Directive-Presentation