THE EC WORK PROGRAMME FOR THE ECONOMY IN 2022

The EC will

1. relaunch the public debate on fiscal rules and on the economic governance framework. It will in the first quarter of 2022 provide guidance for fiscal policy for the period ahead, with the purpose of facilitating the coordination of fiscal policies and the preparation of Member States’ Stability and Convergence Programmes.
2. provide orientations on possible changes to the economic governance framework with the objective of achieving a broad-based consensus on the way forward well in time for 2023.
3. follow up on the implementation of the European Pillar of Social Rights action plan.
4. propose a Recommendation on minimum income to support the policies of Member States.
5. put forward a Communication to strengthen the social dialogue at EU and national level to support the key role of social partners in fostering a fair economic, social and cohesive recovery and the green, digital and labour market transitions.
6. present a proposal to improve the protection of workers from the risks related to exposure to asbestos at work, taking into account the results of the consultation with social partners.
7. deliver an initiative on instant payments to foster the full take up of such payments in the EU.
8. take action regarding insolvency proceedings by enhancing convergence and removing discrepancies, aiming to increase efficiency, facilitate cross-border investments and reduce burden. Listing requirements will be simplified to make public capital markets more attractive for EU companies and facilitate access to capital for small- and medium-sized enterprises.
9. On 8 October, 136 jurisdictions worldwide, including all EU Member States, G20 members and OECD members, reached an historic agreement on global tax reform, establishing a global minimum level of effective taxation (Pillar 2) and a re-allocation of taxing rights (Pillar 1). Since the start of the process in 2016, the Commission has strongly supported this international effort. Equally, the Commission will now strive to show the EU’s leadership in global tax fairness, by ensuring a swift and consistent implementation across the EU.