Economic Policy
Staff union challenges ECB inflation and pay policy
IPSO, the main union representing staff at the European Central Bank (ECB) has published the results of a survey of employees revealing around two-thirds of workers had concerns about the ECB policy on pay, inflation and interest rates. Widely reported in the media, the union says that it was not just unhappiness about the 4% pay increase awarded to ECB employees (less than half the current inflation rate in Germany) but also the bank’s reliance on interest rises as a tool to control inflation. IPSO’s message to staff said that the ECB policy of wage moderation was in its view biased against
Will EU’s new fiscal rules hinder urgent action on staffing crises?
Public service federation EPSU is concerned that the proposed reform of the European Union’s fiscal rules, published yesterday, might undermine national action to address the widespread staffing shortages across a broad range of public services in Europe – in health and social care, the justice system, childcare, tax administrations, utilities and more.
Confederations mobilise over pay, jobs and public services
The CGIL, CISL and UIL trade union confederations are planning major mobilisations in May to send a clear message to the government and employers that urgent action is needed to deliver higher pay for workers and a shift in other economic and social policies. Along with workplace assemblies there will be large regional events in Naples, Bologna and Milan. The main union demands include protection against inflation for pay and pensions in both public and private sectors, fairer taxation, higher funding for public social and health, action on health and safety, social security reform and
New ETUI publication - Beyond economic growth: The role of trade unions in the transition to well-being
A further contribution to the ‘beyond growth’ or ‘post-growth’ debates, the recent ETUI working paper sets out the case against the pursuit of undifferentiated economic growth and advocates substantial changes to European economies.
Health union joins first in series of anti-austerity protests
The OSZSP health union joined the first in a series of protests around the country in opposition to the government’s austerity programme. The demonstration took place in Strakonice in South Bohemia and was organised by the OS KOVO metalworkers’ union. Further protests in June are due to take place in Zlín, Ostrava and Prague. The campaign is backed by the CMKOS confederation as the austerity measures will have a massive impact across society. Public service workers are facing a freeze on salaries this year and the prospect of a 5% cut in pay next year.