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11.10.2021 Document

ETUC resolution on the European Union public debt issue and the fiscal rules

ETUC resolution on the European Union public debt issue and the fiscal rules Adopted at the virtual Executive Committee Meeting of 5-6 October 2021 Executive summary and proposals The massive impact of the Covid-19 pandemic and the attempts to mitigate its social and economic effects, enabled thanks to the activation of the general escape clause of the Stability and Growth Pact, have led to significant increases in government deficits and debt levels, as well as debt to GDP ratios in many Member States.
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The ETUC takes action in a number of ways: through political pressure and negotiations with EU institutions, social dialogue, and large-scale demonstrations.

Since the start of the crisis, the European Union has demonstrated its growing power over countries that use the single currency. But even outside the Eurozone, EU Member States face the same challenges and are becoming increasingly interdependent. Climate change, energy supply, worker mobility and migration are among the issues that cannot be tackled by individual nations.

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Actions
  • Influencing European decision-making
  • Representing workers through European social dialogue
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Aims and priorities
  • United action for Social Europe
  • Quality jobs, workers’ rights and a fair society
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Organisation and people
  • Congress, Executive & Steering Committee
  • Leardership team
  • Staff
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The Leadership Team
Secretaries group photo