Council fails to deal with sustainable growth and jobs
The informal summit of 30th January 2012 was promoted as a summit on growth and employment. But it did not deliver this. The summit ended with the announced "fiscal compact" and a bland and inconsequential declaration on growth and jobs, with no commitment, only empty words. Political leaders show us a way leading to a dead end.
The General Secretary of the European Trade Union Confederation (ETUC), Bernadette Ségol, said: "This Treaty might reassure Kanzlerin Merkel’s political friends, but not the millions of unemployed, poor or precarious workers in Europe who are waiting for decisive support from EU institutions. This is why we are opposed to it. Plans to restore balanced public accounts must address, as a priority, the question of sustainable growth. Austerity is killing growth and jobs. What we really need is a social compact to give a fresh impetus to the European Union and restore the confidence of its workers and citizens".
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