Translation of "Efficient allocation resources " (English → French) :

It considers that, although the system satisfies the sufficiency and stability criteria, it fails the visibility and simplicity test and does not contribute to more efficient allocation of economic resources.

The ESCB shall act in accordance with the principle of an open market economy with free competition, favouring an efficient allocation of resources, and in compliance with the principles set out in Article 119 of the Treaty on the Functioning of the European Union.

· Efficient allocation of resources: Would it lead to an efficient allocation of resources in the EU?

21. Takes the view that a simultaneous and coordinated approach by the Member States to growth-intensive spending, the stimulation of private investment and joint initiatives in the area of private and public cooperation can unleash substantial synergies, improve Europe's ability to meet the existing challenges in the fields of science and research, transport and communication, energy and environmental sustainability and will support the efficient allocation of resources throughout Europe; notes in this connection the importance of a coordinated fiscal framework including corporate tax arrangements favourable to SMEs and geared to gener ...[+++]ating employment; considers that Member States should improve the efficiency of tax and social contribution arrangements in order to ease job creation, particularly for specific social groups such as women, the long-term unemployed and older people; considers that competitive tax regimes should encourage the establishment of new businesses without undermining national funding capacity and should shift the burden from taxation on labour to environmental taxation, including fiscal incentives to support RD and the use of renewable resources;

21. Takes the view that a simultaneous and coordinated approach by the Member States to growth-intensive spending, the stimulation of private investment and joint initiatives in the area of private and public cooperation can unleash substantial synergies, improve Europe's ability to meet the existing challenges in the fields of science and research, transport and communication, energy and environmental sustainability and will support the efficient allocation of resources throughout Europe; notes in this connection the importance of a coordinated fiscal framework including corporate tax arrangements favourable to SMEs and geared to gener ...[+++]ating employment; considers that Member States should improve the efficiency of tax and social contribution arrangements in order to ease job creation, particularly for specific social groups such as women, the long-term unemployed and older people; considers that competitive tax regimes should encourage the establishment of new businesses without undermining national funding capacity and should shift the burden from taxation on labour to environmental taxation, including fiscal incentives to support RD and the use of renewable resources;

21. Takes the view that a simultaneous and coordinated approach by the Member States to growth-intensive spending, the stimulation of private investment and joint initiatives in the area of private and public cooperation can unleash substantial synergies, improve Europe’s ability to meet the existing challenges in the fields of science and research, transport and communication, energy and environmental sustainability and will support the efficient allocation of resources throughout Europe; Notes in this connection the importance of a coordinated fiscal framework including corporate tax arrangements favourable to SMEs and geared to gener ...[+++]ating employment; considers that Member States should improve the efficiency of tax and social contribution arrangements in order to ease job creation, particularly for specific social groups such as women, the long-term unemployed and older people; considers that competitive tax regimes should encourage the establishment of new businesses without undermining national funding capacity and should shift the burden from taxation on labour to environmental taxation, including fiscal incentives to support RD and the use of renewable resources;