(Brussels, 7 September 2012 - Press Release) A new report from the Public Services International Research Unit (PSIRU), University of Greenwich explores ongoing developments in the European energy market since the opening of the electricity and gas markets The report shows the challenges for workers, unions and European Works Council of dealing with reduction of emissions, problems with nuclear developments and continued merger and takeover activities including of networks and by private equity and sovereign wealth funds. Europe’s companies have gone through many changes including take-overs and mergers, international expansion and restructuring. These developments have had a significant impact on the workforce as companies prepared for competition through cost-cutting, job reduction and outsourcing.
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