Austria: Government Agrees on Stimulus Package

People ♦ Published: June 25, 2013; 12:47 ♦ (Vindobona)

Startled by construction company Alpine’s insolvency, the Austrian government has agreed on the fiercly discussed stimulus package. An amount of € 800m is required additionally.

Austria: Government Agrees on Stimulus Package / Picture: ©

The Austrian economy is supposed to be boosted with a total figure of € 1.5bn until the year 2017. € 800m is supposed to be delivered in “fresh money” while the rest will be provided from already planned and announced measures which are brought forward. According to informations by the Austrian Press Agency, Economy Minister Reinhold Mitterlehner confirmed this on the sidelines…