For the past six years, the European Commission has predicted that Spain would return to solid growth in two years’ time. They are now forecasting the same recovery in 2014-2015 that they predicted in 2010 for 2011-2012. However, further cuts would be a disaster for economic recovery, a disaster for public services, and for social cohesion. Even the IMF recognised that they have been more harmful than expected.
English: http://www.social-europe.eu/2014/01/austerity-must-be-avoided/
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.