Germany -Euro Marshall Plan launched -January 16, 2013

The trade union confederation DGB has presented a 260 billion Marshall Plan for Europe aimed at providing a decisive impetus for qualitative growth as well as new jobs with a future in all 27 European Union (EU) countries for a 10-year period from 2013 to 2022. The plan includes proposed investments and investment subsidies of €260 billion annually comprise direct investment and investment grants of €160 billion and ten-year low-interest loans of €100 billion to private investors. The DGB expects this combination of long-term, low-interest loans and investment grants to kick-start further additional private investment and thus promote wide-scale private modernisation measures. These in turn are projected to lead to further private investment and annual additional growth impetus totalling €400 billion.

English: http://www.indepthnews.info/index.php/global-issues/1385-german-trade-union ...

 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.