Brussels, 21 October 2022 (TDI): Leaders of the European Union (EU) and Social partners gather at the Tripartite Social Summit to discuss “Tackling the energy crisis & cost of living crisis: Ways to protect the economy, business, and workers.”

Participants evaluated the war’s effects on the nation’s socioeconomic status, approaches to the energy dilemma as well as measures to combat the rising cost of the living crisis on the economic and social fronts.

Charles Michel, the President of the European Council Stated that “The war in Ukraine and high energy prices are putting pressure on our families, businesses, and economies. So we need to act.”

“The EU & its member states have already put in place some measures, but more needs to be done in the weeks to come. We count on good cooperation with social partners to address today’s most pressing challenges, just like we did during COVID-19.”

The President of the European Commission, Ursula von der Leyen, commented at the summit “The energy crisis is hitting everyone hard, workers, businesses, and consumers alike.

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The increased cost of living is weighing on households that are already under strain. In these difficult times, the Commission has put forward targeted initiatives to reduce energy costs for families and businesses and provide energy security for this and coming winters. We need everyone on board and social partners to play a key role.”

Tripartite Social Summit

Twice a year, the Tripartite Social Summit is held in advance of European Council sessions. It serves as a forum for discussion between the Presidents of the EU institutions and the Chief Executives of the European social partners.

The Presidents of the European Commission & the European Council jointly preside over the summit. The social partners include Business Europe, and the European Trade Union Confederation (ETUC).

Likewise, it also includes SGI Europe (association of enterprises with services of general interest), SMEunited (association of crafts and SMEs in Europe), and CEC European Managers.