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Barroso's 'Six-Pack' Revolution. Setting Maximum National Wage Increase Benchmarks for the EU's Member States
Author(s)
Date Issued
2013-01
Date Available
2014-05-27T13:33:47Z
Abstract
Until recently, European
elites firmly rejected the need for any coordination in the field of wage
bargaining, because the market would automatically lead to the desired
(downward) convergence of wages across Europe.
In 2011, however, Commission President Barroso announced 'a silent revolution' (EUobserver, 16.03.2011) that led to the
adoption of the 'six-pack' on European economic governance by the
European Parliament and the Council. As a result, the Commission not only
obtained effective tools in order to control member states' budgets and
economic policies, but also the right to issue enforceable maximum
national labour cost increase benchmarks.
elites firmly rejected the need for any coordination in the field of wage
bargaining, because the market would automatically lead to the desired
(downward) convergence of wages across Europe.
In 2011, however, Commission President Barroso announced 'a silent revolution' (EUobserver, 16.03.2011) that led to the
adoption of the 'six-pack' on European economic governance by the
European Parliament and the Council. As a result, the Commission not only
obtained effective tools in order to control member states' budgets and
economic policies, but also the right to issue enforceable maximum
national labour cost increase benchmarks.
Type of Material
Contribution to Newspaper/Magazine
Publisher
European Institute for Construction Labour Research
Journal
CLR-News
Volume
2013
Issue
1
Start Page
19
End Page
26
Web versions
Language
English
Status of Item
Not peer reviewed
ISSN
1997-1745
This item is made available under a Creative Commons License
File(s)
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Name
Erne_2013_forthcoming_in_CLR_News_1_2013.pdf
Size
214.02 KB
Format
Adobe PDF
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