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ILO's Somavia warns of "vicious downward economic spiral"

The austerity-only course to fiscal consolidation is putting Europe on a course to economic stagnation and building up a social debt that undermines the values that Europe pioneered, according to the ILO's Director General, Juan Somavia, in his opening speech to the International Labour Conference in Geneva.

Fecha de la publicación: 30 de mayo de 2012 | Tamaño o duración: 00:04:27