Public sector unions lobby MEPs to reject new Investment Court System | PSI
Today, Public Services International, the global trade union
federation representing public sector unions has released research
showing that the European Union’s proposal to create a new investment court could open governments to hundreds of court cases costing billions of dollars.
“The European Commission’s new investment court provides foreign
multinational companies with the right to sue governments for making
democratic decisions in the public interest”, said Rosa Pavanelli, PSI
General Secretary. “Why are our governments giving rights to foreign
corporations that local companies and local workers don’t have? Allowing
the most powerful corporations on the planet to take taxpayers’ money
is a recipe for increased austerity and cuts to public services” she
said.
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