Traduction de «ribasso dei salari » (Italien → Anglais) :

7. Underlines the fact that the discipline of wage moderation also acts as a brake on the growth of household income and thereby on private consumption; therefore warns against focusing exclusively on wage moderation as an instrument to achieve price stability and maintain competitiveness; recalls that increased global competition has already contributed to downward pressure on wages, while higher commodity prices and energy costs have reduced the purchasing power of EU consumers; emphasises that real salaries should rise in line with productivity gains, in order to guarantee long-term stability in the distribution of income;

7. Underlines the fact that the discipline of wage moderation also acts as a brake on the growth of household income and thereby on private consumption; therefore warns against focusing exclusively on wage moderation as an instrument to achieve price stability and maintain competitiveness; recalls that increased global competition has already contributed to downward pressure on wages, while higher commodity prices and energy costs have reduced the purchasing power of EU consumers; emphasises that real salaries should rise in line with productivity gains, in order to guarantee long-term stability in the distribution of income;

7. Underlines the fact that the discipline of wage moderation also acts as a brake on the growth of household income and thereby on private consumption; therefore warns against focusing exclusively on wage moderation as an instrument to achieve price stability and maintain competitiveness; recalls that increased global competition has already contributed to downward pressure on wages, while higher commodity prices and energy costs have reduced the purchasing power of EU consumers; emphasises that real salaries should rise in line with productivity gains, in order to guarantee long-term stability in the distribution of income;

The euro is the main contributor to European identity: it has become the symbol of this identity, of shared values and successful integration, and fosters a feeling of belonging to a “strong” entity within the EU. The euro has contributed to transparency and has facilitated comparison of prices of goods and services, salaries and social-security contributions. This comparison has enabled people to make the most appropriate purchase choices, strengthening competition and, as a general rule, helping to keep prices in the euro zone down.

As far as wages are concerned, it should be mentioned that fears that increased market openness would place downward pressure on wages are not substantiated in the transatlantic context, given comparable wage levels.

Although wages remained within the jurisdiction of the Member States, the High Authority could intervene, under certain conditions set out in the Treaty, in the event of abnormally low wages and wage reductions.