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Social Summit: working together for job-rich growth and enhanced economic governance

The FINANCIAL -- Collective efforts to pursue economic integration and promote strong and sustainable economic growth, social cohesion and employment were the main focus of the Tripartite Social Summit held in Brussels on 18th October, in preparation of the 18-19 October European Council.


The Summit brought together the President of the European Commission, José Manuel Barroso, the President of the European Council, Herman Van Rompuy, Cyprus President Demetris Christofias – for the Presidency of the EU's Council of Ministers – and László Andor, European Commissioner for Employment, Social Affairs and Inclusion, with representatives of European workers and employers. Eamon Gilmore, the Deputy Prime Minister of Ireland, which holds the Council Presidency in the first half of 2013, also contributed to the debate. As EUROPA reported, the Summit also reviewed progress on implementing the Compact for Growth and Jobs and discussed the social partners’ key role in EU governance, including their important contribution to restoring jobs and growth.

President Barroso said "Europe needs to accelerate the implementation of the Compact for Growth and Jobs. The fiscal consolidation efforts must be balanced with structural reforms and competitiveness and growth-enhancing measures including targeted public investment. A wide array of measures has been proposed by the Commission, but progress in adopting and implementing them is too slow. Immediate and decisive action is now needed to get back on track towards a job-rich and sustainable growth as well as social cohesion. Record levels of youth employment drastically underline the urgency and I expect the European Council to deliver on the promises made. I also call on Member States to engage in a constructive discussion on the next steps for a genuine Economic and Monetary Union."

Emphasising the important role of the European social partners Commissioner Andor underlined that "Collective bargaining and strong social dialogue remain major attributes of our European Social Model. Social partners' involvement in the EU economic governance, at national and EU level, is crucial to provide renewed impetus in our efforts to deliver a job-led recovery and growth."

The European social partners stressed the need for the active involvement of social partners in the implementation of national reform plans and in EU governance as a whole. They presented a progress report on implementing their joint work programme for 2012-2014 including joint work on youth employment, lifelong learning and the economic and social governance of the EU


 Source: Finchannel


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