Aiginger Praises and Criticizes Austria´s Economic Policy

CommentOpinion ♦ Published: January 5, 2013; 14:39 ♦ (Vindobona)

Although Austria´s economic situation is relatively satisfying, there is much improvement potential, the economist Karl Aiginger says.

Aiginger Praises and Criticizes Austria´s Economic Policy / Picture: © WIFO Wirtschaftsforschungsinstitut

In a guest comment in the Austrian news magazine “Kurier”, Aiginger analyzes the economic status quo of Austria. According to Aiginger, 2012 was not easy at all. He refers to the economic crisis and the social tensions in south Europe, the problems in the banking industry and the recession in the Eurozone.

“Nevertheless, Austria could record growth last year. Eleven years…