Jobs and growth instead of austerity and recession
We can offer a real alternative to get Europe out of the crisis. Balanced budgets must go together with practical policies to promote jobs, growth and investment.
Under right-wing leadership, the EU's economically illiterate austerity politics has created the highest rates of unemployment in its history. Five years after the global financial crash, other regions return to growth while Europe is mired in recession and its public services and welfare systems are being savaged.
Our alternative would include reducing budget deficits more gradually alongside targeted investment and support for the most vulnerable. Independent studies have shown that our plan would boost growth, create jobs and bring down public debt.
Find out more about these studies by going to our Progressive Economy iniative
Read more about the S&D's initiative: Europe Back to Work - A 10 Point Plan for Change