"There will be some strains for a certain period during the process of industrial restructuring, but we cannot stop the change," he said.

The loss of traditional union jobs, which started with the devastating industrial restructuring of the 1980's, continues.

While the concept of a European industrial restructuring is sound, larger size will not mean efficiency.

Beginning in the late 1970s, economic conditions caused major industrial restructuring, which disrupted the basis of the region's economy.

Still, if the executives who led the nation's industrial restructuring prove right, there may not be many negative ones, either.

With the loss of jobs from industrial restructuring, many middle-class residents left.

The banks have played a central role in this industrial restructuring.

We want a pro-active approach to industrial restructuring and change.

The second point is to retain some kind of aid for areas undergoing industrial restructuring.

Left to the 'free market', however, industrial restructuring will victimise millions of people throughout the European regions.