This crisis is due to excess profits!
Workers, especially those with the lowest incomes, are the first victims of this crisis, which is affecting both their pay and their buying capacity.
To face this cost of living crisis, employers, governments and the EU must urgently take a number of measures to ensure, among others
– Increased wages;
– a cap on gas and electricity prices;
– a reform of the functioning of the European energy market;
– a tax on profits for a better distribution of wealth;
– financial help for the most disadvantaged people.
This is what many trade unions and workers across Europe are calling for, to build an economy more adapted to the needs of workers and to prevent governments and the EU from applying a policy of austerity that would only deteriorate the current situation.