Manufacturing Industry Sharply Criticizes the Union

People ♦ Published: March 22, 2011; 01:56 ♦ (Vindobona)

Employees' proposals are not very productive, the Austrian Industrial Association says. There is no shift from wages toward corporate profits.

Manufacturing Industry Sharply Criticizes the Union / Picture: © Vindobona.org

As "little productive" the Deputy Secretary-General of the Federation of Peter Koren described today's proposals from the employees' representatives to strengthen growth in Europe. "Apparently, the ÖGB and the AK have unfortunately not recognized yet the signs of current times, and local political needs", said Koren.

"New taxes and other burdens on enterprises and escalating…