Liechtenstein -Leader of economic chamber sees difficult negotiations ahead -August 24, 2012

Temporary reduction of working time has served as a good instrument to bridge the crisis in many sectors, to avoid large dismissals and to keep the purchase power upright. However, companies need the time to adapt to new market circumstances. The leader of the Economic Chamber stated that the chamber will suggest to the social partners to negotiate a 2 years agreement. Negotiations will be dominated by the wish to survive of companies and by job security for workers. For employees a decrease in purchase power is predicted.

German: ...


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