Financial Crisis

This page is also available in:

  • Ongoing (updated on 27/10/2024) - Bureau decision date: 22/10/2024
    Reference
    ECO/656-EESC-2024-03910
    Plenary session number
    Ses
    -
  • Adopted on 23/10/2024 - Bureau decision date: 21/03/2024
    Reference
    ECO/648-EESC-2024-01524
    Workers - GR II
    Romania
    Plenary session number
    591
    -

    In its opinion on 'Additional considerations on the euro area economic policy 2024', the EESC urges closer coordination of national budgetary policies and considers instruments like NextGenerationEU essential for future stability. 

    The EESC recommends including similar tools in the EU’s future financial frameworks to ensure resilience and fiscal sustainability. 

    The Committee calls for the completion of the Capital Markets Union to prevent investors from migrating to global markets, prioritising financial market stability and consumer protection, and highlights the need to fully implement the Banking Union by addressing regulatory disparities across Member States, creating a common deposit insurance scheme, and mobilising financial resources for European infrastructure projects.

    Download — EESC opinion: Additional considerations on euro area economic policy 2024
    • Record of proceedings ECO/648
  • Ongoing (updated on 28/08/2024) - Bureau decision date: 18/01/2024
    Reference
    ECO/644-EESC-2024-00531
    Workers - GR II
    Malta
    Employers - GR I
    Spain
    Plenary session number
    592
    -

    Securitisation is the process of transforming a batch of debts into a marketable security, that is backed by the original debts. This process can increase the availability of credit, increasing investment and supporting economic growth in a way that increases competitiveness and improves labour market.

    This own-initiative opinion will present a thorough description of the challenges and opportunities that come with securitisation, and provide concrete policy proposals for a possible future revision of the securitisation regulation.

  • Adopted on 17/01/2024 - Bureau decision date: 24/10/2023
    Reference
    ECO/633-EESC-2023-04821
    Employers - GR I
    Greece
    Plenary session number
    584
    -
    Download — EESC opinion: Euro area economic policy 2024
  • Adopted on 25/10/2023 - Bureau decision date: 23/03/2023
    Reference
    ECO/619-EESC-2023
    Employers - GR I
    Cyprus
    Plenary session number
    582
    -
    Download — EESC opinion: Additional considerations on the Euro area economic policy 2023
  • Adopted on 21/09/2023 - Bureau decision date: 25/04/2023
    Reference
    ECO/622-EESC-2023
    Workers - GR II
    Spain
    Civil Society Organisations - GR III
    Italy
    Plenary session number
    581
    -

    The EESC welcomes the simpler and more transparent economic governance framework, the reduction of the pro-cyclical bias, the improvement in national ownership and strengthened enforcement, the differentiation and more tailored fiscal adjustment path of each Member State, based on a common-risk framework. However, the Committee proposes replacing the requirement obliging any Member State with a budget deficit of over 3% to cut that deficit by an average of 0.5% of GDP annually, and emphasises that the "technical trajectory" should be first in the hands of national governments and, at a second stage, be the result of a technical dialogue with the European Commission In due course. In due time, but by 2026 at the latest, an EU fiscal capacity should be established to meet at least some of the investment needs for common priorities and to allow Member States the fiscal space to meet the fiscal costs of the multiple transitions.

    Download — EESC opinion: New economic governance rules fit for the future
  • Adopted on 22/02/2023 - Bureau decision date: 25/10/2022
    Reference
    ECO/597-EESC-2022-05434
    Employers - GR I
    Sweden
    Workers - GR II
    Germany
    Plenary session number
    576
    -
    Download — EESC opinion: Communication on orientations for a reform of the EU economic governance framework
  • Adopted on 25/01/2023 - Bureau decision date: 25/10/2022
    Reference
    ECO/598-EESC-2022-05487
    Workers - GR II
    Plenary session number
    575
    -
    Download — EESC opinion: Euro area economic policy 2023
  • Adopted on 26/10/2022 - Bureau decision date: 22/03/2022
    Reference
    ECO/590-EESC-2022-02042
    Civil Society Organisations - GR III
    Slovakia
    Download — EESC opinion: Additional considerations on the Euro area economic policy 2022
  • Adopted on 21/09/2022 - Bureau decision date: 07/12/2021
    Reference
    ECO/577-EESC-2022-01290-00-00-re-tra
    Workers - GR II
    Spain
    Civil Society Organisations - GR III
    Romania
    Download — Evaluation of European Fund for Strategic Investment 2.0
    • ECO/577 - Technical annex