ETUC welcomes EU’s commitment for a growth strategy
The European Trade Union Confederation (ETUC) welcomes the EU’s commitment for a growth strategy for Greece, as expressed in the conclusion of the Council’s summit. Moves to lower interest rates and to offer longer repayment terms for countries in difficulties are also sending positive signals. But a more comprehensive approach remains necessary.
“EU leaders have, at long last, admitted that austerity is not working and that a growth strategy is necessary. Unused structural funds should serve for growth and jobs. Trade unions should be involved”, said Bernadette Ségol, ETUC General Secretary.
ETUC has called for a more long term strategy including Eurobonds, a financial transaction tax to support investments and jobs, the end of tax havens and tax evasion and a minimum common rate for company taxation. The ETUC General Secretary will meet President Barroso today to discuss the Commission’s plans for the growth strategy.
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