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Communiqué, issue 3, 2004

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Workers across Europe are set to receive profit-sharing, share ownership or stock option schemes as part of a changing attitude towards financial participation by governments and social partners across Europe. This is one of the findings of Financial participation: The role of government and social partners, a recently published report which forms part of the Foundation’s on-going research in the field.

While trade unions still remain cautious about the merits of such measures for workers, the report shows that governments and employer organisations have radically changed their attitudes since 1996, when these were last recorded at EU level by the second ‘PEPPER’ report from the European Commission. The report argues that recent changes in some countries, most notably Belgium, appear to have been stimulated by debates at EU level, taking on board many principles developed there.

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