” “"Supporting domestic demand" and fostering consumption, "to change the 2006 recovery into a solid growth economic cycle": ETUC, European Trade Union Confederation, reacts to the autumn economic estimates with its own document. The estimates were made known yesterday by the European Union Commission. According to the Confederation, it is no longer time for stability policies; the Central Bank of Frankfurt "must put an end to the interest rate increase policy", while the ministers of finance should reduce the tax burden, "releasing resources for investments". John Monks, ETUC secretary general, confirmed that the unemployment rate is about 8% in the countries of the European Union, and he added: "For those who decide the macroeconomic policies, this is the right chance to trigger off a remarkable development cycle, based on domestic demand, exactly like the cycle taking place in the period from 1997 to 2000". Monks thinks also that "an annual growth of about 2.5% or even 3% is possible". Among the objectives indicated by the European trade unions, located in Brussels, one is standing out: "the realization of a modern and dynamic work market". ” “
