Austria: Calls for Reduction of Bureaucracy Become Louder

People ♦ Published: April 23, 2014; 09:58 ♦ (Vindobona)

Bureaucratic hurdles burden the Austrian enterprises the most apart from taxes and other levies.

Bureaucracy is a major obstacle for enterprises in Austria. / Picture: ©

In the run-up the the budget speech by Finance Minister Michael Spindelegger, the Austrian Chamber of Commerce once again calls for a reduction of the excessive regulations for small and medium-sized enterprises (SME). President of WKO Christoph Leitl called for a “lightening speed” in implementing a law for the reduction of bureaucracy, which is supposed to encompass 40 measures…