Brussels, 15/11/2011
The forthcoming European Council, to be held on 24-25 March, will endorse such proposals designed to exert downward pressure on wages, by limiting pay increases to productivity and implicitly barring wages from reflecting increases in prices.
Such policy will systematically redistribute income from wages to profits, dividends and bonuses. If this approach is confirmed, the whole concept of social Europe is being placed in increasing jeopardy.
For these reasons, trade union mobilisations are planned in Europe.