Brussels, 23/02/2012
The effects of the financial, economic and social crisis have reached unbearable levels in several countries. Faced with the extreme seriousness of the situation, European leaders are making the race for austerity their priority response. The crisis serves as a ready-made pretext to attack the European social model, justify cuts in wages and public services, weaken social protection, make the labour market hyperflexible, and attack trade union rights.