What does the Competitiveness Pact mean? – The best and preferred way is still to negotiate, says Guy Ryder, the chairman of International Labour Organisation ILO.

Ryder visited Helsinki in June and was interviewed by ProTV.

Ryder sees the Pact as a pragmatic solution in a difficult situation.

– If you look at other European countries like France or Spain, the social dialogue is missing. Even if you’re not proud of it, you should value it, he says.

Watch the interview in ProTV.