News
BackOn Thursday this week, the great majority of MEPs voted in favour of the initiative report on social economy. The report states among others that the social economy plays a significant role in the European economy, that it unites profitability and solidarity, that it creates high-quality jobs and that it strengthens social, economic and regional cohesion.
In the report, the parliamentary rapporteur Patrizia Toia (Alliance of Liberals and Democrats for Europe) calls on the EU Commission to support the social economy with its new policies and to come out in favour of a “different management approach” which is pursued by the social economy and whose primary driving force is not the financial but rather the social profitability.
It was also stressed that the social economy contributes to the correction of three major labour market imbalances, namely unemployment, job instability and the exclusion of the unemployed from society and the labour market. Furthermore it was noted that the social economy plays a role in improving employability and creates job, which normally are not delocalized. As a result, the social economy makes a significant contribution to meeting the employment targets set out in the Lisbon Strategy.
580 MEPs voted in favour of the Report, 27 against and 44 abstained. Now the ball is in the corner of the EU Commission to give thought to the demands of the European Parliament and to respond with an appropriate proposal. There is, however, no obligation from a legal point of view.
For further information:
Report on Social Economy
Press release of the European Parliament on the Report
It was also stressed that the social economy contributes to the correction of three major labour market imbalances, namely unemployment, job instability and the exclusion of the unemployed from society and the labour market. Furthermore it was noted that the social economy plays a role in improving employability and creates job, which normally are not delocalized. As a result, the social economy makes a significant contribution to meeting the employment targets set out in the Lisbon Strategy.
580 MEPs voted in favour of the Report, 27 against and 44 abstained. Now the ball is in the corner of the EU Commission to give thought to the demands of the European Parliament and to respond with an appropriate proposal. There is, however, no obligation from a legal point of view.
For further information:
Report on Social Economy
Press release of the European Parliament on the Report