German and French unions call for a new industrial policy

GERMANY / FRANCE: IMF affiliates IG Metall, Fédération Générale des Mines et de la Métallurgie (FGMM-CFDT), Fédération Confédérée "Force Ouvrière" de la Métallurgie (FO Métaux) and Fédération des Travailleurs de la Métallurgie — CGT have adopted a joint statement on the future of the industry, enterprises and jobs in the face of current austerity policies that promote dumping of social conditions and wages.

Against the backdrop of global crisis, the unions denounce the spread of precarious employment contracts and an increasing value-destroying competitive pressure. They call on national and European politicians to adopt an active industrial policy that strengthens the industrial base and innovation capacity of their economies, and promotes growth.

This policy must be structured around the following:

A central element of the IMF Action Programme 2009 – 2013 is to promote the industry as an engine for creation of stable and sustainable jobs, innovation and improvement of living standards.