Social Economy Europe, alongside 68 European networks and 288 national organizations from 32 countries, urges EU institutions to safeguard and strengthen the social dimension of the Union's financial future. This collective call comes at a critical juncture as negotiations for the next Multiannual Financial Framework (MFF) 2028-2034 begin to take shape, emphasizing that 2026 is a key year to voice how the EU can tackle manifold challenges—including competitiveness and defense—without compromising social justice and democracy. The statement highlights that while the EU experiences serious economic and military threats, the social economy remains a vital player in maintaining affordable pricing in essential sectors like housing, energy, health, and the circular economy.
The shared statement and the discussions from the Tripartite Social Summit held on March 18, 2026, identify low investment as a primary barrier to European competitiveness. Stakeholders argue that a strong social EU budget is not just a matter of welfare but a strategic necessity for regional development and social cohesion. The organizations emphasize the importance of the European Social Fund Plus (ESF+) and the Cohesion Fund in supporting "Democracy at Work" and ensuring that social economy actors can continue to bring EU values to citizens. Current policy debates underscore that the EU budget is not extendable, making the upcoming negotiations one of the most important battles the Union will face, as it will determine whether the European project is set for failure or victory in its mission to protect purchasing power and create quality jobs.
In conclusion, the social economy sector calls for a shift from principle to action, urging policymakers to recognize that a positive economy that works for people and the planet already exists and simply needs continued support as a guiding economic model. The 2026 strategy for the social economy focuses on showing the world that solidarity and democracy are the backbones of an inclusive answer to global crises. By safeguarding the social budget and promoting investment in human capital, the EU can ensure a sovereign and cohesive space where the redistribution of wealth and the protection of vulnerable groups are prioritized alongside economic growth and strategic autonomy.
Sources / Links:
Social Economy Europe - Shared Statement: Building on what works (March 25, 2026):
https://www.socialeconomy.eu.org/2026/03/25/shared-statement-building-on-what-works/ European Commission - Main messages from the Tripartite Social Summit (March 18, 2026):
https://ec.europa.eu/commission/presscorner/detail/en/statement_26_663 Social Economy Europe - Wishes for 2026 and Budget Advocacy:
https://www.socialeconomy.eu.org/2026/01/06/social-economy-europe-wishes-for-2026/