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18//02/2009
Buying public debt to support investing in Europe’s future
With access to credit remaining squeezed, central banks and governments are now being urged to buy up corporate debt in order to avert bankruptcies. Whereas the European Trade Union Confederation (ETUC) recognises the need to restore credit flows in financial markets, it is also fearful of ill-designed measures. Such measures would bail out private sector mismanagement at a high cost for public finances while failing to produce economic recovery.
09//02/2009
Macro-economic dialogue
To the macro-economic dialogue today, European Trade Union Confederation (ETUC) General Secretary, John Monks slammed the greed and incompetence of many bankers.
02//02/2009
ETUC comments on on dispute regarding Lindsey oil refinery in the UK
ETUC General Secretary John Monks commented today on the dispute centring on the Lindsey Oil Refinery in North Lincolnshire.
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