Economic crisis, social injustice and youth unemployment threatens democracy in Europe, says leader of the European Parliament

Martin Schulz, President of the European Parliament, noted that the ILO and the EP were among "the first to oppose austerity measures" as a response to the economic downturn and stressed the need for a balance between fiscal discipline and growth. Managing the crisis, he said, could provide an unprecedented opportunity to achieve transformational change in European economies.

22 March 2013