This is not fate, but the result of corporate and policy choices, from creating a global surplus of productive capacity to implementing austerity measures.
The European industrial base is at risk of collapse. Of the 18 sectors analyzed, only the aviation and defense sectors remain competitive. Meanwhile, the automotive, steel, chemical, telecommunications, and solar energy sectors are all losing ground to their global competitors.
This is the stark message conveyed by the 'Index' report, commissioned by the 'Industry First Europe' institute, which confirms that millions of good jobs are at risk as the European industrial base slows down.
The organization is calling on European leaders and the industrial sector...
