Financial Times FT.com

German business attacks board laws

By Hugh Williamson in Berlin

Published: November 10 2004 02:00 | Last updated: November 10 2004 02:00

German business has launched an attack on a central pillar of the country's postwar economic model by calling for "fundamental changes" to the rules allowing workers a role in corporate decision-making.

The proposals, including steps to reduce worker representation on large companies' supervisory boards from a half of seats to a third, are likely to inflame political exchanges on how to improve German competitiveness ahead of federal elections in 2006.

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