A new report by the Public Service International Research Unit cautions the European Commission against enthusiastically endorsing public-private partnerships, contending that PPPs, as they are known, do not supplement public spending - they absorb it. The European Commission outlines high hopes for developing public-private partnerships in its EU 2020 strategy.
The study "Public rescue for more failed private finance institutions" has been released on the eve of European Parliament discussions on the future of public procurement. The European Federation of Public Service Unions (EPSU) urges that the debate over how governments purchase the goods and services that citizens need should include sober consideration of the value of public-private partnerships.
European Federation of Public Service Unions (EPSU)- 09 April 2010
Links and more information at http://www.asu.asn.au/media/international/20100409_ppp.html
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