European trade unions, together with a large coalition of NGOs and academics, are leading a campaign for the European Commission to permanently scrap austerity policies which have been paused during the pandemic.
A ‘General Escape Clause’ relaxing the rules of the Stability and Growth Pact was introduced last year as part of the European Commission’s response to the Covid-19 crisis, which also included the creation of the SURE emergency job support scheme and the unprecedented recovery fund.