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Image header Agence Europe
Europe Daily Bulletin No. 8838
Contents Publication in full By article 14 / 32
GENERAL NEWS / (eu) eu/competitiveness

Commission says labour costs making European car industry uncompetitive

Brussels, 30/11/2004 (Agence Europe) - In its annual report on competitiveness published on 25 November, which focuses on the European car industry, the Commission underlined that labour costs posed serious problems to certain European car-makers currently trailing behind their US and Japanese competitors.

Although the Commission report highlights the stability of world exports from European manufacturers, as well as the promising situation for the future in terms of growth and profits, it...

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