The European Economic and Social Committee has called on EU leaders in a recently adopted opinion to step up efforts to strengthen the international role of the euro, on the eve of the Euro Summit taking place on Friday, 21 June in Brussels. It underlines that this would be desirable, but also necessary, as a strong euro would contribute to the wellbeing of EU citizens and businesses, uphold common values and promote common interests.
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Uniunea economică și monetară - Related News
Conform noului studiu comandat de Comitetul Economic și Social European, serviciile transfrontaliere generează noi locuri de muncă și creștere economică. Acestea sunt efecte pozitive pentru toate țările UE, vizând diverse tipuri de locuri de muncă – atât cele care presupun activitate fizică, cât și cele bazate pe cunoaștere. Documentul dovedește că faptul de a nu adopta o reglementare strictă în cadrul pieței interne a serviciilor este benefică pentru economia UE.
Building up a more sustainable and resilient European economy and completing Economic and Monetary Union should be priorities for the next European Commission and European Parliament: these points emerged from a public hearing held by the European Economic and Social Committee on 12 April 2019.
The euro ranks second in the world as a reserve currency and as a currency used for fixed income securities issues and international trade transactions. However, its use internationally has yet to return to levels before the financial crisis, and its future role in the international monetary system is tied to the economic prospects of the euro area.
Organised civil society tables proposals for regaining citizens' support for European integration and achieving sustainable economic growth and social progress in the EU
The EESC draws mixed conclusions from the European Commission's growth survey
The government, representatives of organised civil society and other interest groups call for fresh impetus for the European Union
- Economic resilience and labour market resilience must go hand in hand
- Commitment to deepening EMU through stabilisation and upward convergence is crucial
- Urging Member States into contractionary fiscal stances may be problematic
Sovereign bond-backed securities (SBBS) can contribute to a greater diversification of and a risk reduction for sovereign bond portfolios held by banks and other financial operators. This could have a positive impact on the stability and resilience of the financial system and improve financial market integration.