Article Tools

Federation of Industries: “Industrial Compact“ for European Competitiveness

Published: May 5, 2014; 16:29 · (Vindobona)

The Austrian Federation of Industries (IV) considers the EU entry of Austria as the basis of prosperty and economic growth in the past years. However, now reforms are required to catch up to a global level.

The Austrian Federation of Industries considers improving competitiveness as crucial. / Picture: © Flickr

“Europe, as the entire economic area, has been gradually losing ground in relation to other regions like the USA or China. In the past six years alone up to six million jobs were lost,” Georg Kapsch, President of IV, pointed out. According to the Federation of Industries, competitiveness was the order of the day. To achieve this, “enterprises need more freedom” since without…

This article includes a total of 251 words.

or Log In

Fast News Search
Related News
Austria: Industrial Production with Growth Potential (April 30, 2014)
Eder: Policy-Makers Have to Make Decisions (April 24, 2014)
Austria: Calls for Reduction of Bureaucracy Become Louder (April 23, 2014)
Industrial Location Austria Losing Attractiveness (April 16, 2014)
Leitl: “Growth Must Not Mean Less Reforms” (March 28, 2014)
Read More
Competitiveness, Georg Kapsch, Leaders, IV Federation of Austrian Industries, Brussels, USA, China, Innovation, Industrial Production, Labor Market, Labor Market Policy, Reforms, R & D
Featured
Trevor Traina Accredited as New US Ambassador in Vienna
Austrian Ambassador to the United States Wolfgang Waldner Presented his Credentials to President Obama
China, the Rising Great Power of the 21st Century and the Austrians
Updated Directory of Foreign Ambassadors in Austria 2018
Outlook - Chinese Tourists and the Destination Austria
List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter