ESU Annual Report 2023
Online
Our ESU 2023 Annual Report is available
During his presentation on the functioning of the European Commission, Marco la Marca, a member of the cabinet of EU Commissioner Vice President Dubravka Šuica, emphasized several key points. He highlighted the significance of considering population dynamics when designing policies for the green and digital transition. Drawing a compelling analogy, he likened the EU to a condominium, underscoring the shared responsibilities among its institutions. Intergenerational brain drain, where retirees take valuable knowledge and experience with them, was identified as a crucial issue. La Marca stressed the need to optimize this transition and urged the labor market to adapt to the new demographic reality. Additionally, he emphasized the vital importance of mental health for children, stating, “Mentally healthy children are more likely to become mentally healthy adults.” You can access his presentation here.
During the event, Gerrit De Bethuyne delivered an insightful intervention on “The role of ‘the European Semester.'” He began by explaining that the EU Semester is a six-month exercise where EU economic policies are discussed with Member States. He described it as “a yearly exercise to coordinate economic, fiscal, employment, and social policy within the European Union.” De Bethuyne then provided a historical context, highlighting the background of the EU Semester, including its relevance in the aftermath of the 2008 financial crisis. He emphasized the importance of understanding the decision-making model employed in the present and encouraged a forward-looking perspective. Additionally, De Bethuyne touched upon several key aspects related to the EU Semester, such as the Commission spring package and budgetary surveillance, the Recovery and Resilience Facility, and the Economic Governance Review. These elements play a vital role in shaping economic policies, fostering coordination, and ensuring financial stability within the European Union.
Overall, De Bethuyne’s intervention shed light on the significance of the EU Semester and its multifaceted approach to economic governance. It provided attendees with a comprehensive understanding of the framework, its historical context, and its relevance in shaping the future of economic policies within the EU.You can find his presentation here.