Conti AG chief slams inflexible German labour mkt

Newswire

FRANKFURT, Dec 29 (Reuters) - The head of tyre and car parts maker Continental AG slammed the German government on Monday for failing to tackle an inflexible labour market and said it was being forced to expand in cheaper locations abroad. "The decisions for the next two or three years have already been made. The government and the unions can no longer do anything about it -- factories will be built elsewhere," Chief Executive Manfred Wennemer told the Suddeutsche Zeitung. Wennemer ...

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