Today [11 March 2019], CEEP General Secretary Valeria Ronzitti addressed EU leaders at the Macro-economic Dialogue at Political level (MEDPOL), on ‘Inequality and Inclusive Growth. In presence of Mario Centeno, President of Eurogroup, Valdis Dombrovskis, Vice-President of the European Commission and Benoit Coeuré, Member of the Executive Board of the ECB, Ms Ronzitti said:

”CEEP strongly believes that inequality hinders growth. Excessive and increasing inequality levels imply direct social costs, weaken incentives to invest in knowledge, prevent social mobility and may also inhibit sustainable and potential growth.”

 “There is also a strong political risk behind inequality as it undermines social confidence and reduces support for democratic institutions. Globalisation and Digitalisation will continue to have a tremendous impact on the citizens’ lives, and we must act to improve social inclusion and cohesion in Europe.”

“CEEP represents employers operating in sectors such as healthcare, education, housing, energy, transport, which are key in ensuring the social fabric of our territories and providing European citizens with the means to contribute to society.”

“We believe that part of the solution in tackling inequalities lies with targeted investment in physical and social infrastructures, high quality vocational education and training and stronger collective bargaining institutions.”

During the discussions, Valeria Ronzitti also supported the calls of the Romanian Presidency to propose a two-year up-front funding to overcome the technical and financial obstacles faced everyday by beneficiaries of EU funds. “It would propose a much-needed real simplification of the cohesion policy, and allow a prompt response to the challenges posed by the ongoing gaps and disparities at EU level,” said Ms Ronzitti. “It will also promote a more efficient use of the available financial resources, in favor of the beneficiaries.”

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