ETUC launches pay campaign
Following a decision at its Congress in Sevilla last year, the ETUC is launching campaign on fair pay with a major demonstration in Ljubljana in Slovenia on 5 April to coincide with a meeting of European finance ministers. In recent months the ETUC has responded to continuing comments, particularly from the European Central Bank (ECB), that wage moderation needs to continue and that current pay claims, particularly in the public sector, risk fuelling inflation. The ETUC campaign will highlight the declining share of wages in economic output and the fact that company profits and executive pay