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Ahead of the EU leaders Spring summit that is traditionally dedicated to economic issues, the ETUC has stated that austerity has aggravated the crisis. Wages have fallen by up to 23% across the EU, poverty has surged, and workers are overtaxed, said trade union leaders, calling on citizens to vote for a ‘social Europe’ in the May elections for the European Parliament. Austerity measures, Troika-led or not, have hit all European countries and the strongest blow was taken by real wages. According to ETUC figures, only 10 countries out of 28 have not seen a decrease in real wages, and therefore citizens’ purchasing power.
English: http://www.euractiv.com/socialeurope/austerity-aggravated-crisis-euro ...
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.