Sponsored Content

Eder Appeals for Reindustrialization in Europe

Politics ♦ Published: June 20, 2013; 15:24 ♦ (Vindobona)

Sponsored Content

In an interview with Austrian daily „Kurier“, Wolfgang Eder, CEO of Austrian steel producer voestalpine talks about the future of the European steel industry and the differences to the US energy policy.

Eder Appeals for Reindustrialization in Europe / Picture: © Voestalpine AG

Eder criticizes the fact that the action plan by the EU Commission was very vague. Despite of the EU’s willingness to support the European steel industry, which is suffering from overcapacities, the action plan did nothing but raise high hopes. However, the CEO admits that it was hard not being able to directly intervene. The EU Commission can therefore only create framework…