- Sustainable development must be better integrated in the semester
- Policies must boost high quality public and private investment
- Implementation of Country Specific Recommendations (CSRs) is key
Strokovna skupina za ekonomsko in monetarno unijo ter ekonomsko in socialno kohezijo (ECO) - Related News
Krister Andersson participated as a panellist at the 73rd Congress of the International Fiscal Association (IFA) held in London on 8-12 September 2019. The IFA was established in 1938 in The Hague, the Netherlands, and it is now a truly global association with more than 12,900 members from 114 countries. Employees from tax authorities, government representatives, corporate tax officers and experts from tax law firms are members.
The European Union should grasp the opportunity of the new political mandate and financial period to improve its economic policy coordination and governance. The European Semester should become the most important element of economic policy coordination and a multi-level and multi-actor governance approach should be implemented, says the European Economic and Social Committee. It suggests that an EESC competence centre for exchange of information could be established to address implementation concerns in relation to a future EU strategy.
At its plenary session in July, the European Economic and Social Committee presented proposals for the economic agenda of the upcoming legislative period (2019-2024) and recommended that they should form the basis of a new European economic strategy. The Committee's proposals seek to develop more resilient and sustainable EU economic policies within an improved governance framework for the Economic and Monetary Union.
Given the sensitivities of qualified majority voting in tax matters, the European Economic and Social Committee supports the European Commission's ambition to kick-start a debate on how to reform decision-making in EU tax policy.
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.
The European Semester should be based on the principles of partnership and multilevel governance modelled on the partnership agreements existing in cohesion policy, as this bottom-up approach will contribute to more clarity, legitimacy and ownership at implementing level. This was one of the main messages of a hearing held by the European Economic and Social Committee on 11 June.
Change management, better communication on scientific evidence and, above all, civil engagement are key factors for the development and implementation of new indicators to measure people's well-being and societies' progress. This was the main message of a public debate that was held on 4 June by the European Economic and Social Committee and its Section for Economic and Monetary Union and Economic and Social Cohesion.
On 14 May 2019, the Brussels Office of the European Central Bank (ECB) organised a conference on the economic implications of trade protectionism. The presenters were two ECB officials, Lucia Quaglietti (External Developments Division) and Vanessa Gunnella (Euro Area External Sector Division).