29 September 2010: European trade Union Day of Action to say " No" to austerity measures

Brussels, 29/09/2010

John Monks, General Secretary of the European Trade Union Confederation (ETUC), commented: “Workers are on the streets today with a clear message to Europe's leaders: there is still time not to choose austerity, still time to change direction. Austerity measures are still in the decision-making stage but their implementation will have a disastrous impact on individuals and on the economy once the effects start being felt, which could be as early as this winter. We realise that governments have deficits that have to be absorbed but we ask them to take their time to pay their debts. There's no urgency, no need for panic! After the Second World War, countries were ruined and took years to pay off their debts. Austerity measures are already in force in Ireland and Greece and it is clear that they are not having any impact on growth and employment. The European trade unions, through which workers speak, urge Europe's policy-makers to direct public spending into investment instead of rushing to absorb deficits by adopting drastic austerity measures. There are alternatives to austerity: invest in jobs for young people, who are particularly affected by unemployment and insecure work. They will be in the front line of the Euro-demonstration in Brussels. Invest in industrial policies, in the green economy, invest in everything that can contribute to sustainable growth. We also need a European tax on financial transactions to raise funds for stimulation measures and to stem purely speculative activities. This is the message that we will deliver to the President-in-Office of the Council of the European Union (EU), Mr Leterme, and to European Commission President Mr Barroso, whom an ETUC delegation will meet after the demonstration.

Protest movements will also take place across Europe: a general strike in Spain, demonstrations in Italy, France, Portugal, Lithuania, Latvia, Germany, Cyprus, Serbia, Poland , Finland and Ireland. Demonstrations have already been held in the context of this Day of Action in Bucharest and Prague, where they brought together more than 20,000 and 40,000 people respectively.

The Euro-demonstration in Brussels will be made up of delegations from around 50 trade union organisations representing 30 countries. The European industry federations will also be represented.

On 29 September, all demonstrators will proclaim their concerns in the face of the worsening economic and social situation, which finds expression in rising inequalities and insecure work and which is likely to grow worse if austerity measures are implemented. They will call for the use of other alternatives.

ETUC press contacts
| Patricia Grillo | Responsable du département presse +32 (0) 477 77 01 64 |
| Daniele Melli | Attaché de presse +32 (0) 473 94 25 63 |
| Emanuela Bonacina | Attachée de presse +32 (0) 473 94 26 47 |