WTF!!!!!! The European Central Bank , European Council and the European Commission ask companies to not raise wages at the rate of prices!!!

The signals from Brussels are very clear: the European Central Bank, the European Commission and the European Council agree to ask companies to remain firm in wage negotiations and not agree to raise wages according to prices, as that could lead to a very negative inflationary spiral for the economy.

Not only do they launch this message in each of their public speeches, but these three institutions have conveyed it directly to employers and unions in the meetings that they hold periodically in the Belgian capital.

"At the last meeting of the Macroeconomic Dialogue, two weeks ago, they gave us a very clear message that we had to be very careful in salary negotiations so as not to carry over the price hike, which is probably temporary. Do not go over the top in salary expectations because that in turn would translate into a spiral of inflation and that would be super harmful ", explained this week Markus J. Beyrer, general director of the European employers' association Business Europe, in an interview with this medium.

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Last Edited by 16 Blocks on 11/21/2021 07:50 AM