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Eder Reaffirms: „European Industrial Sector Is in Danger“

Published: January 21, 2013; 20:20 · (Vindobona)

In an interview with the Austrian news magazine “Presse”, voestalpine´s CEO Wolfgang Eder criticizes the European industrial policy sharply.

Eder Reaffirms: „European Industrial Sector Is in Danger“ / Picture: © Flickr / Worldsteel

According to Eder, the European politics is inactive. The European industrial sector is downsizing for years and the exodus of industrial companies is going on, he says. “There are no initiatives and no public investments. But every year, the regulations are becoming more and more.” Eder argues.

Eder thinks that Europe repeats the mistakes of the U.S. and the UK of the past.…

This article includes a total of 209 words.

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