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On 26 April 2023, the European Commission presented a proposal to reform the economic governance framework. The objective is to strengthen debt sustainability and promote sustainable and inclusive growth through gradual fiscal consolidation, as well as via reforms and investments that should be growth-enhancing, support debt sustainability, and respond to common EU priorities, including the European Pillar of Social Rights.
Following the EC proposal, the Spanish Presidency and the Belgian Presidency of the EU have launched an Informal Working Group on Social Investment (IWGSI). Its main objective is to open a political debate on empirical evidence on micro and macroeconomic and social returns of social investments and reforms, as well as monitoring and evaluation methodologies for tracking social investment returns. The IWG will further reflect on the contribution of social investments to economic growth and debt sustainability.
This High-level Conference will be the occasion to present the key messages and preliminary findings of the Informal Working Group activities. It will gather speakers such as Nicolas Schmit, European Commissioner for Jobs and Social Rights; José Luis Escrivá, Spain Minister of Inclusion, Social Security and Migration; Frank Vandenbroucke, Belgium Deputy Prime Minister and Minister for Social Affairs and Public Health; MEP Margarida Marques and László Andor, FEPS Secretary General, among many others.
About the Informal Working Group on Social Investment (IWGSI)
The IWG counts on 23 Member States, The Commission’s Directorate-General for Employment, Social Affairs and Inclusion (DG EMPL), the chairs of the Employment Committee (EMCO) and The Social Protection Committee (SPC), the European Parliament’s Committee on Employment and Social Affairs (EP EMPL) and the European Social Partners.
The activities of the IWG will be the basis for the preparation of the Economic and Financial Affairs Council – Employment, Social Policy, Health and Consumer Affairs Council (ECOFIN- EPSCO), JUMBO meeting that will take place in March 2024. On that occasion, the Economic and Finance Ministers and Employment and Social Affairs ministers will be invited to discuss the interplay between social investments and reforms, economic growth, macroeconomic stabilization, and upward social convergence.
“Trade doesn’t work in isolation from good domestic policies” Interview to Arancha González
by Borderlex 19/09/2023
Interview to Arancha González, former Spanish foreign minister, who released together with FEPS the new book entitled 'The Trade Handbook: Making Trade Work for Prosperity, People and Planet'
A szociális unió imperatívusza
by Új Egyenlőség 09/09/2023
'The imperative of Social Union'. Article about FEPS book 'Europe’s Social Integration: Welfare Models and Economic Transformations' by László Andor.
Após 66 anos de adiamentos, a barragem do Pisão entrou em contra-relógio
by Pùblico 19/08/2023
'After 66 years of postponements, the Pisão dam has entered a race against time' Pùblico's article mentions FEPS Policy Study 'Governing the RRF'
Ukrainian economy and society: whither the (postwar) country?
by Commons 16/06/2023
In Commons' article, Yuliya Yurchenko, co-author of FEPS’ book 'Europe and the war in Ukraine', outlines the consequences of the Russian invasion of Ukraine for the Ukrainian population and the plans needed for Ukraine's recovery.
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