Eder: „Not Making Mistakes of UK and USA“

More+Comment ♦ Published: May 14, 2012; 18:20 ♦ (Vindobona)

The CEO of Austria´s largest steel producer voestalpine warns of a de-industrialization in Europe. Today, the UK and the USA would regret their decisions of the past.

Eder: „Not Making Mistakes of UK and USA“ / Picture: © Voestalpine AG (Blast Furnace A)

Eder wants European politicians to prevent a de-industrialization. “We should not imitate the errors of the UK and the USA.” Over the last 20 years, the situation changed dramatically, Eder says. It would become increasingly difficult to remain competitive.

“Apart from some exceptions, Europe´s economy depends on the industrial sector.” Eder considers. 30 years ago, the…