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Austerity Package Has Lack in Structural Reforms
People ♦
Published: February 11, 2012; 15:50 ♦ (Vindobona)
The industrialists regard the Austrian austerity package even-tempered. WIFO misses structural reforms.
Austerity Package Has Lack in Structural Reforms / Picture: © WIFO Wirtschaftsforschungsinstitut
The Federation of Austrian Industries (IV), which had defended the group taxation fiercely before the austerity actions were announced, reacts easygoing to the cuts. Several benefits for internationally acting companies will be abandoned. “We will examine planned amendments of the group taxation very precisely.” IV´s general secretary Christoph Neumayer said.
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