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Author: European Economic and Social Committee

The impact of digitalization on business and society: a challenge for policy-makers

After a conference on the Fourth industrial revolution, evidencing the Internet of Things and the Internet of Services that will connect intelligent products, digital services, and customers to the new innovative ‘products’ of the future, it is time to enlarge our vision to all digital technologies but also on their impact on business and the society at large, without forgetting to highlight the necessary political measures to be put in place by the public authorities....

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Setting the agenda for a sustainable future – the road to the UN summit on the Post-2015 agenda

Sustainable Development Observatory wishes to raise political awareness of the Post-2015 agenda and provide a forum for a discussion between political decision-makers and civil society.  Klaus Rudischhauser, Deputy Director-General, DG DEVCO, European Commission will present the roadmap to the summit. Maryam Niamir-Fuller, Special Advisor on Post-2015 of the UNEP’s Executive Director and Kitty van der Heyden, World Resources Insitute, will discuss key elements of Post-2015 framework. Representatives from civil society organisations will put forward their views on the Commission Communication and discuss with the Commission and the Council...

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Capital Markets Union

Composition of the Study Group Administrator in charge : Gerald Klec / Assistant : Katherine Camilleri Adoption foreseen for the plenary session of 1-2 July 2015 Related opinions ECO/373 – European System of Financial Supervision (ESFS) – review (Cedrone) ECO/333 – Recovery and resolution of credit institutions (Roussenova) ECO/350 – A Single Resolution Mechanism (Mareels) ECO/339 – Banking Union Package (Trias Pintó) Related documents Green Paper: Building a Capital Markets Union Commission Staff Working Document Infographic Capital Markets in the EU Bruegel Defining Europe’s Capital Markets Union The European Central Bank in the Age of Banking Union European Parliament European System of Financial Supervision (ESFS) Related links Webpage DG FISMA European Commission – Press release: Unlocking Funding for Europe’s Growth – European Commission consults on Capital Markets Union European Commission – Fact Sheet: Q & A on the Green Paper on building a Capital Markets Union Public consultation: Building a Capital Markets Union – contributions until 13/05/2015   European Parliament: Jonathan Hill – Financial Stability, Financial Services and Capital Markets Union – Hearings of European Commissioners-designate Single Supervisory Mechanism (SSM) Comprehensive Assessment Reforming the structure of the EU banking sector European Stability Mechanism – Main Features, Oversight and Accountability Single Resolution Mechanism, Single Resolution Board, and Single Resolution Fund Reforming the structure of the EU banking sector A single market in financial services: effects on growth, employment and the...

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TTIP – benefits and challenges for Lithuanian employers

The Transatlantic Agreement will considerably enhance the ability to expand export markets, attract investment, invest and create new jobs. During the conference on the TTIP organised by the Lithuanian Parliament, representatives of Lithuanian employers agreed that Lithuanian exporters are expected to save about EUR 4 million on duty alone, and that the convergence of standards or technical regulations, in turn, would reduce costs related to the opening up of markets. This discussion took place on 27 February at the Parliament of the Lithuanian Republic in...

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Progress in financial education initiatives

Financial education is of paramount importance to increase financial literacy and financial education that is accessible to everyone will benefit society as a whole. Financial education should be seen as a comprehensive policy in which all stakeholders work together. The EESC is of the opinion that financial industry itself has an obligation to be actively involved in programmes focusing on both microfinance and education, and in the provision of access to basic financial services. Against this background ECO section president Joost van Iersel is happy to participate in the launching event of the European Money Week in Brussels, contributing to a panel discussion with the voice of European organised civil...

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The impact of TTIP in Malta: benefits and challenges

The EESC Employers’ Group is organising a seminar on the future of the Transatlantic Trade & Investment Partnership in La Valletta, Malta. This event, which will be attended by representatives of the EU and US negotiators, local politicians, business representatives and EESC members, aims to analyze the possible effects of TTIP on Maltese businesses and citizens, as well as to give a platform for Malta’s business and political world to speak out on their needs and expectations from these trade negotiations. During this debate, we will also focus on what TTIP can bring to Maltese SMEs and how it could significantly support the creation of additional growth and jobs in...

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