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Image header Agence Europe
Europe Daily Bulletin No. 9382
Contents Publication in full By article 14 / 33
GENERAL NEWS / (eu) eu/economy

European trade unions minimise inflationary risk due to salary increases

Brussels, 08/03/2007 (Agence Europe) - The European Trade Union Confederation (ETUC) does not plan to leave the debate on salaries and the redistribution of wealth from growth up to the finance ministers and the European Central Bank (ECB). John Monks, ETUC General Secretary, said the European Central Bank puts up its interest rates in order to obtain something that it already has. He believes salaries negotiated by collective agreements have been compatible with price stability for the past...

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