ETUC plans day of action on 14 November
By Eric van Puyvelde | Thursday 18 October 2012
The Executive Committee of the European Trade Union Confederation (ETUC), meeting on 17 October, called for a day of action and solidarity, on 14 November, to mobilise the European trade union movement behind policies set out in the organisation’s ‘Social compact for Europe’
(1). The day will include strikes, demonstrations, rallies and other actions.
While supporting the goal of sound accounts, the Executive Committee “considers that the recession can only be stopped if budgetary constraints are loosened and imbalances eliminated [...]. Fiscal consolidation had a more pronounced impact than originally estimated by institutions, including the European Commission and the International Monetary Fund (IMF). The IMF now admits that it grossly miscalculated the impact of austerity measures on growth. This miscalculation has an immeasurable impact on the daily life of workers and citizens the ETUC represents, and brings into question the whole basis of austerity policies advanced by the ‘fiscal treaty’ and imposed by the troika”.
The ETUC singles out the “lack of coordination of economic policies and the absence of minimum social standards throughout Europe. In the context of free movement of capital, this gave free rein to competition between states, in particular in the field of taxation, labour costs and social conditions”.(1) On 6 June, the ETUC proposed a social compact based on social dialogue and economic governance for sustainable growth and jobs. A resolution recommends “a Europe of solidarity and cooperation to counter the Europe of competition and deregulation”