Exact(9)
Mr. Trichet beseeched political leaders to speed up efforts to cut their budget deficits and remove impediments to growth, like overly protected labor markets.
Speaking to reporters Thursday after a regular meeting of the E.C.B. governing council, Mr. Trichet beseeched political leaders to speed up efforts to cut their budget deficits and remove impediments to growth, like overly protected labor markets.
The whole furor has once more successfully stirred Austrian fears about letting neighbors like the Czechs and their cheap migrant labor into the European Union and Austria's protected labor market.
With much of Europe mired in recession, governments struggling to reduce budget deficits and officials trying to combat high unemployment, the ruling is a reminder of just how hard it is to shake up long-established and legally protected labor practices that make it hard to put more people to work and revive sinking economies.
That is, where they could find "hospitable" investment locations -- meaning, places where wages could be driven down and regulations undone that protected labor, environment or CONSUMER rights.
The government protected labor from the cruel abuses of big business, legalized unions, established the social security system, and put the usurers on Wall Street under the thumb of the Securities and Exchange Commission and other federal watchdogs, locking them in the regulatory cage where they belonged.
Similar(51)
Those include passing new laws to protect labor rights and agreeing to international standards to combat cross-border tax evasion.
Colombia agreed to an "action plan" for protecting labor unionists from the violence and abuse many have suffered.
Some trade experts said the complaint could be vulnerable to challenge at the World Trade Organization because global trade rules do not protect labor rights.
Mr. Pedercini planned to donate any revenues generated from the game to organizations dedicated to protecting labor rights and other groups that "are working to stop the horrors represented in the game".
But the day, dedicated to international labor, also was one of precedents that said less about the Vatican or pop music than about Italy, which still has one of the most inflexible sets of rules protecting labor in Europe.
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