ETUC defends need for wage rises across Europe
The ETUC has called on Jean-Claude Trichet, head of the European Central Bank, to what it calls his “crusade against fair wages”. Trichet has warned that increasing oil prices will lead to higher wage demands and so a wage-price spiral. The ETUC points to recent years of wage moderation and the need for increases in real wages to give a boost to the European economy. Read more at > ETUC (EN) And at > ETUC (FR)