European Semester for economic policy coordination: employment and social priorities for 2024

Tabled by Eugenia Rodríguez Palop, Leila Chaibi

… known as the ‘preventive arm of the Stability and Growth Pact’; whereas Removed: the proposal aims at developing more credible and flexible fiscal rules and strengthening the investment, democratic and social dimensions of this framework, including through the implementation of the EPSR and occupational safety and health standards; Added: this means a return to austerity; whereas these new rules will entail a massive, unrealistic and unsustainable fiscal adjustment that will have terrible social consequences, as it will be implemented by squeezing and degrading public services, enacting structural reforms that undermine workers’ rights and social protection, and continuing chronic underinvestment in critical collective and public infrastructure;

Wording as published by the EP, in English. PE760.472