Barroso's 'Six-Pack' Revolution. Setting Maximum National Wage Increase Benchmarks for the EU's Member States

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Title: Barroso's 'Six-Pack' Revolution. Setting Maximum National Wage Increase Benchmarks for the EU's Member States
Authors: Erne, Roland
Permanent link: http://hdl.handle.net/10197/5616
Date: Jan-2013
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.
Type of material: Contribution to Newspaper/Magazine
Publisher: European Institute for Construction Labour Research
Keywords: Six-pack;European Economic Governance;Trade Unions;Wages policy
Language: en
Status of Item: Not peer reviewed
Appears in Collections:Business Research Collection

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