Inflation is at record levels. The energy crisis threatens to stall European industry. The spiralling cost of living is driving millions into poverty and stoking fears of social unrest. But cutting real wages is not the answer, argues Luc Triangle, General Secretary of industriAll European Trade Union. Instead, Europe’s workers need a significant pay rise as a first step to kick-start the economy. This crisis is unlike anything many Europeans have experienced in their lifetime. The COVID-19 pandemic, already a once-in-a-generation crisis, has been violently rear-ended by Russia’s invasion of Ukraine. The resulting ... (full story)