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"Austria has Lost its Chance"

Published: April 27, 2011; 07:52 · (Vindobona)

The labor market opening of Austria for the more recent EU member states comes too late, according to the manufacturing industry.

"Austria has Lost its Chance" / Picture: © Flickr

As countries such as Germany and Austria, negotiated seven-year transitional provisions from 2004 to 2011 as part of the job market opening of the EU, other countries reaped their benefits. Such is the conclusion of the Austrian Industrialists (IV).

"Austria has lost a great opportunity," says Wolfgang Tritremmel, labor and social expert of the IV "Because of the late opening,…

This article includes a total of 205 words.

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