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economy and finance

Economy and finance

After seven years of crisis, Europe is still facing economic, financial, social, and political challenges.. The social and economic impact of the austerity-only policies has gone far from what was predicted by the conservatives. 23 million unemployed in Europe and in some Member States youth unemployment is over 50%. The economy is stagnant, deflation is looming and despite the recommended budgetary discipline and the overhaul on social spending, public debt is still rising.

The PES has been engaged since the onset of the crisis into defining an ambitious, comprehensive and coordinated economic strategy to boost investment and return to economic growth and jobs

Tax evasion is not a new issue, but the Panama Papers shed a light on the huge scale of fraud and money transferred to tax havens. Tax evasion means that each year 1 trillion (1.000.000.000.000) euros are lost to society. Money that should be used for the benefit of all...


Finance Ministers from the Party of European Socialists met today in Brussels prior to the ECOFIN Council. The Ministers discussed measures to tackle corporate tax avoidance and promote fiscal justice. The meeting focused on proposals that would prevent corporation from using aggressive tax planning and profit shifting practices. PES Finance...




What we are fighting for
Read the PES Common Manifesto for the European Elections 2014

Our Campaigns


In some countries as many as one young person out of two cannot find a job. We are calling for a European Youth Guarantee as a way to tackle youth unemployment.



Campaign info

5.7 million young people are currently unemployed in Europe and an additional 1.5 million are forced into precarious jobs. In some countries as many as one young person out of two cannot find a job.

The campaign “Your future is my future – a European Youth Guarantee now” is calling for a European Youth Guarantee as a way to tackle youth unemployment.

Campaign Material

  • Toolkit (EN)
  • PES guide on youth guarantee (EN)
  • PES appeal for a European Youth Guarantee (EN), (FR)
  • PES report: Combating Youth Unemployment (EN), (FR), (ES)
  • Factsheet on Youth Unemployment among Women (EN)
  • Campaign flyer (EN), (FR), (DE), (ES), (NL), (PT), (HU)

Campaign Video

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