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.
Plenary session 17-18 February 2016 - Related Opinions
The EESC reiterates its firm commitment to an Energy Union and a European energy dialogue. It supports optimal implementation of the SET Plan, which can be achieved through a joint, consistent approach involving the cooperation of energy policy stakeholders, cooperation between States, an efficient internal energy market and the consolidation and better coordination of energy research and innovation programmes. The added value of the SET Plan will derive from better coordination and a new system of governance for the European energy system. The most important task is the technical and scientific development of technologies and innovation, and the promotion of factors that encourage new ideas and concepts.
The EESC supports the intention of the Dutch Presidency of the Council to address poverty through integrated approaches and through cooperation between public and private stakeholders. However, to do so, Member States must be supported by a common European framework and best-practice actors by national anti-poverty strategies. The EU Council should reiterate the commitment made to meet Europe's poverty target by 2020.