Against the background of the Renewed Social Agenda, this initiative is intended to contribute to the European Unions efforts to have all its citizens benefit from globalisation in a balanced way.

In conjunction with the reports on restructurings and transnational company-level collective agreements, it aims to encourage undertakings and employees to anticipate and adapt to the changes they must deal with.

Through the appropriate involvement of employees, it contributes to improving the dialogue between management and labour within transnational undertakings and to construct a climate which fosters the search for approaches which combine flexibility and security.

Full Title: Proposal for a European Parliament and Council Directive on the establishment of a European Works Council or a procedure in Community-scale undertakings and Community-scale groups of undertakings for the purposes of informing and consulting employees (Recast). Documents

COM (2008) 419, 7.2.2008

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