This working paper and infographic provide an overview of a great ‘fire sale’ of public services and national assets across Europe that is providing profits for a few transnational companies but is often fiercely opposed by its citizens.
The Irish government announcement of a €34 billion Euro bailout, two years after the financial crisis first broke, is a reminder that little has been done to prevent it happening again just as the social costs are becoming ever more evident.
Europe’s aggressive external market
access agenda, combined with its push internally for market reforms in the
interest of competitiveness, poses new threats to workers in the North and South and will need a transnational trade union response.