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Why the ETUC rejects Austerity
In a desperate attempt to reach overly ambitious deficit targets, member states throughout Europe are implementing brutal and harsh austerity policies . They are slashing public services and public investments, cutting wages and social benefits. The ETUC strongly opposes this ‘austerity’ approach. Austerity will take us down the road to ruin. Austerity will defeat itself and will result in weaker economies and higher, not lower, public debt: Austerity, especially when all member states (...)