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Austria Concludes Agreement on the Prohibition of Speculation

Published: February 14, 2013; 13:58 · (Vindobona)

Minister of Finance Maria Fekter, Secretary of State Andreas Schieder, Conference Governor Markus Wallner, President of the Austrian Association of Municipalities Helmut Mödlhammer signed the agreement on the prohibition of speculation.

Austria Concludes Agreement on the Prohibition of Speculation / Picture: © Flickr

"Signing of the 15a Agreement today finally closes the door to speculation with hard earned tax dollars. Public revenues are too valuable to be used for financial market speculation, and may no longer be put at risk to make money on the side", stressed Minister of Finance Dr. Maria Fekter.

"Together we have managed to put clear rules and transparency into place. Speculation with…

This article includes a total of 502 words.

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