The Commission’s recovery plan: a good start, but implementation and social involvement are now key
On 26 November, the Commission presented its European Economic Recovery Plan. The European Trade Union Confederation (ETUC) welcomes the fact that the Commission has developed a plan in which action to boost the demand side of the economy is central. Such a demand stimulus is indeed highly necessary and urgent to shore up confidence and keep the economy from entering a deep and long-lasting recession.
Said Reiner Hoffman, ETUC deputy General Secretary: ’What matters now is the rapid and quick implementation of this recovery plan, in particular the 170 billion package that the Member States are supposed to provide. What also matters is social dialogue and social partners’ input to contribute to balanced policy packages avoiding social recession and downwards wage spirals. To organise this, the ETUC, together with employers’ organisations, calls for an exceptional Tripartite Social Summit to take place before the European Summit’.
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