A ‘golden rule’ of exempting certain types of social spending from the Eurozone fiscal rule book for about a decade would allow to invest in human capital, skills and health.
Gaining competitiveness should rather be done by increasing quality than by lowering production costs.
Wages in Europe – an overview
The crisis recovery strategy was based on falling wages. A jobs-centred recovery strategy is necessary.
In December 2018, the ECB’s QE is coming to an end.
The European Central Bank (ECB) is due to end its Quantitative Easing (QE) programme at the end of the year.