EU sources -Austerity is not working -February 14, 2013

Caritas Europe published an examination of the impact of austerity policies on people in the five EU countries worst affected by the crisis. Using EU statistics, the report highlights historically high levels of unemployment, with more than 10% of the labour force out of work. Among them is an entire generation of youngsters, with one in two unemployed in Greece and Spain. Through the austerity measures politicians are creating a structural poverty, a structural unemployment and a lost generation of young people.



For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) or the communications officer at the ETUI, Mariya Nikolova For previous issues of the Collective bargaining newsletter please visit You may find further information on the ETUI at, and on the AIAS at

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