This year’s metal negotiations, in which employers and employees faced each other for the seventh time on Monday, are procedures like never before. And there would be a solution that would benefit both parties – and (almost) all Austrians, as economic researcher Monika Köppl-Turyna explains in an interview with Krone+.
“You can go to the shit”: What employee representative Reinhold Binder thinks about the previous offers from employers of metal workers is clear and readable for the public. The seventh round also took place on Monday without an agreement. How the standoff between the two parties can be resolved without a wage increase, what Austria must do to avoid falling deeper into the crisis next year, and why we will ultimately have to pay for any wage increase ourselves: Krone+ spoke to the head of the economic research institute Eco Austria, asked Monika Köppl-Turyna.
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.