This site has been archived on (2014/12/15)
15/12/14

Navigation path

Page navigation

Additional tools

Politics: EU needs more ambition, says EESC

26/06/2013
A meeting of the European Economic and Social Committee © EU

Summary

The European Economic and Social Committee (EESC) calls for the urgent completion of the EMU and urgent reform across Europe.

The Committee, which acts in a consultative capacity to the European institutions, called for a “genuinely more ambitious strategy” to end the financial crisis in Europe.

“The crisis has revealed the limits and contradictions of Economic and Monetary Union (EMU) and the policy of austerity: deprived of any tools of economic governance, the euro has proved too fragile,” said a statement from the committee.

“Faced with this reality, politicians have no choice but to go down the path of much-needed reform,” it continued.

The EMU believes that the EMU must include a social pillar covering:

  • reindustrialisation, entrepreneurship and training;
  • unemployment, social rights, social investment;
  • a reformed and more balanced form of governance.

In the long term, the EESC believes fundamental changes are unavoidable to bring in genuine European economic governance; closer political and social union; and a stronger international role for the EU.

Comment on this article

Our editors will review your comment. Your user name and your comment could be published on this site (this can take up to two days).
Clicking on Send comment indicates your agreement.

User name
Comment
CAPTCHA This question prevents automated spam submissions
Security Image

In brief

Link to the milestones