The UK Coalition Government's austerity plans - "Too fast, too much" says ETUC

Brussels, 23/09/2010

The austerity plans of the UK Coalition Government to repay debt are too harsh. They are paying back too much debt, too quickly. They risk killing off jobs and growth in regions of the UK like Northern Ireland which are heavily dependent on the public sector. Other European Governments share the same fetish for austerity and they are on course to plunge Europe back into recession".

They should change their course, listen to the voice of the workers on the streets of Brussels, Spain and elsewhere on September 29 and go for growth and jobs. They should be like President Roosevelt and his New Deal, not President Hoover and the Great Depression.

23.09.2010
Press release