Latest news from the Democratic National Convention
Subscribe to this topic via RSS or ATOM
Topic - John Monks
No Stories Found
"It is a bizarre time for the European Commission to be proposing a regime of punishment," said John Monks, general secretary of the European Trade Union Confederation, to AP Television News. "How is that going to make the situation better? It is going to make it worse."
"There is a great danger that the workers are going to be paying the price for the reckless speculation that took place in financial markets," Mr. Monks said. "You really got to reschedule these debts so that they are not a huge burden on the next few years and cause Europe to plunge down into recession."