ETUC wants to see support for real economy
The ETUC has called on governments to adopt policies that will provide a boost to the real economy and not just to bail out the finance sector with an injection of capital. The Confederation is looking for a range of measures to increase economic activity and avoid the risk of deflation. It wants to see a quick and significant cut in interest rates and an increase in real wages rather than the kind of downwards wage flexibility that the European Central Bank and Eurogroup of finance ministers have been arguing for. The ETUC points out that precarious work, weakening workers’ bargaining