15 March 2022
Today (Tuesday 15th March), SGI Europe joins a coalition of 270+ civil society organisations, think tanks, trade unions and employers supported by academics from across the European Union to call for fundamental reform of the EU’s fiscal rules. You can find the manifesto of the coalition here.
The aim of economic policy across Europe must not be to simply reduce debt. The economy needs to serve the reduction of socio-economic, intergenerational and gender inequalities, the realisation of social rights and the protection of climate and environment. The EU’s fiscal framework should fully support just transitions and a systemic transformation of our economies and societies to keep global warming below 1.5°C.
Upon joining the coalition, Valeria Ronzitti, SGI Europe General Secretary, said:
"“Both the COVID-19 pandemic and the war in Ukraine urge the EU to accelerate and consolidate the twin transition and to strengthen our strategic autonomy. To face this new post-pandemic and geopolitical reality, we must reform the existing fiscal rules and rethink our economic policy toolkit to enable growth-enhancing productive investments. A stronger Europe is only possible if we manage to outgrow the current crises, reinforce social cohesion and our sense of unity and solidarity.”
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