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Protests Erupt in Brussels Amid EU Austerity Measures Discussions

European Trade Union Confederation Warns of Potential Budget Cuts Due to Stability and Growth Pact

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Overview

  • Thousands of protesters rallied in Brussels against perceived austerity measures as the European Union discusses overhauling government spending rules.
  • The protests coincide with EU negotiations on the new Stability and Growth Pact, which aims to limit debt and deficits for member countries.
  • The European Trade Union Confederation warns that the pact could force 14 member states to cut a combined 45 billion euros from their budgets in the next year alone.
  • Protesters demand better public services, salaries, living conditions, and fair taxation.
  • The Stability and Growth Pact, suspended during the COVID-19 pandemic, is set to be reactivated in 2024.