The absence of economic and social convergence among Member States and regions is a threat to the political sustainability of the European project and all the benefits it has brought to European citizens. Developing economic and labour market resilience with economic, social, environmental and institutional sustainability should be the principle guiding policies. This will foster upwards convergence and fairness in the transition towards a climate-neutral economy while managing the challenges posed by digitalisation and demographic change.
Although considerable progress has already been made towards completing EMU, there is still a need to significantly reinforce all four of its pillars, taking care to maintain the balance between them, as neglecting one or more of these pillars could result in dangerous disparities. Resilience to crises is a necessary, but not sufficient, condition for completing EMU: it also requires a positive vision, as set out in Article 3 of the EU Treaty. The EESC generally calls on the European institutions and national governments to take much more ambitious action in the context of EMU reform in order to achieve a more integrated, more democratic and socially better developed Union.
At a meeting of the Parliament's Committee on Budgets on 9 October, EESC member Javier Doz Orrit assured the European Parliament of the EESC's full support in the quest for a strong Multiannual Financial Framework (MFF) for 2021-2027.
On 15 December 2015, the President of the Committee took part in the European Parliament Conference of Committee Chairs held in Strasbourg.
In his speech, Mr Dassis set out the EESC's positions on migration and asylum, stressing the prominent role of civil society. Turning to sustainable development and climate change, he spoke about the need for a new governance model in order to implement the UN 2030 Agenda and the Paris Protocol.
The EESC president also stressed the need to "parliamentarise" Economic and Monetary Union, which should listen more to civil society, and called for interinstitutional cooperation to introduce a social protocol paving the way for a levelling up of the Member States' social systems.
A proposed review of EU banking rules aims at ensuring that EU banks become more resilient to potential future economic shocks, while contributing to Europe's recovery from the COVID-19 pandemic and the transition to climate neutrality. The public hearing will provide the views of institutional and civil society stakeholders, and will help form the policy recommendations the EESC is drawing up on the legislative proposals currently under discussion.