EU faces widening socio-economic gaps without urgent social pillar implementation.
The report shows that European countries are either getting more unequal or moving towards worse economic outcomes. To fix this, a European Pillar of Social Rights was suggested to create a fair job market and improve social and economic conditions. This would help make Europe more united and stable, which is important for a strong Economic and Monetary Union. The report suggests using international labor standards and involving social partners to make this happen.