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Reacting to the EU Recovery Package, ETUC General Secretary Luca Visentini said:

“Europe is facing the worst recession since the 1930s following the worst pandemic for a hundred years, which risks massive unemployment and inequality.

“That’s why the ETUC welcomes the ambitious EU recovery strategy proposed by Ursula von der Leyen. Funds of up to €750 bn for recovery, on top of 1.1 trillion from the MFF, are what Europe needs.

“We appreciate that investment will largely be provided to member states through direct grants, and that the money will be raised via common debt instruments guaranteed by the European Commission through a much awaited increase of EU own resources, so avoiding creating additional debt in EU countries.

“Recovery should not mean going back to business as before – austerity, cuts and unbearable fiscal conditions must never happen again. Citizens and workers want a fairer and greener Europe that works better for all."

Full statement: