FEBEA has achieved an important result in terms of recognition by the European Institutions, thanks to activities developed in the past year and to the work of FEBEA Policy and Advocacy Manager Daniel Sorrosal.
The Federation was indeed mentioned in the recently adopted opinion of the European Economic and Social Committee – EESC on the “Role of cooperative and savings banks in territorial cohesion - proposals for an adapted financial regulation framework”, drafted by Mr. Trias Pinto.
FEBEA was among the organisations that were consulted for the drafting of the opinion, and it was specifically mentioned in the text (art. 7.5), as a reference actor for ethical and transparent financing in Europe, in particular in the field of social economy. As a follow-up initiative related to this adopted opinion, FEBEA will collaborate with the EESC for raising awareness on these issues in different countries.
This is an important step in the process to gain full recognition of the role of ethical finance and of our Federation in fostering economic and social development in Europe.
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