The Council’s version of the draft EU budget for 2015 disregards its own political pledge to spur economic growth and job creation, MEPs said after Council Presidency representative Enrico Zanetti presented it in plenary session on Tuesday. EU member states propose a budget of €145.077 billion in commitments and €139.966 billion in payments, i.e. cuts […]
MEPs Insist On Troika Jobs And Recovery Plan
Growing unemployment – especially among the young, leading to their emigration – the loss of small firms and rising poverty rates, even among the middle class, are the key impacts of the economic crisis and adjustment measures designed by the ECB/EU Commission/IMF “Troika” for Greece, Cyprus, Portugal, Ireland, say Employment Committee MEPs in a resolution voted […]
Parliament Approves €840K For Unemployed Valencia Construction Workers
Parliament approved €840,000 in European Globalisation Adjustment Fund (EGAF) aid on Tuesday to help 300 redundant building workers in Valencia (Spain) to back into the labour market. The aid was approved by 603 votes, with 71 against and 17 abstentions. Some 630 workers were made redundant by Valencian manufacturers of non-metallic mineral products (such as […]
