Union criticises IMF report

Spain

The FSC-CCOO federation has criticised the latest International Monetary Fund report on Spain for failing to recognise the deep economic problems that the country faces. The union argues that the recovery cannot be built on wage devaluation and boosting exports and that a boost to domestic demand through higher wages is vital to improve economic prospects. The federation also argues that so far labour reforms have only created more precarious work and that few new jobs are being created while cutbacks in public services are continuing to impact on employment.
Read more at > FSC-CCOO (ES)

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