„Austria Is Losing Its Competitiveness“

Politics ♦ Published: May 18, 2011; 16:43 ♦ (Vindobona)

The Industrial Association’s president sees a “dramatic deterioration” of Austria’s competitiveness as a business location and criticizes a lack of respect for industrialists.

„Austria Is Losing Its Competitiveness“ / Picture: © Flickr / Michael Thurm

Supporting Andreas Treichl’s much-noticed criticism of Austrian politicians, Veit Sorger, president of the Industrial Association (IV) calls for more respect for industrialists. “We are willing to invest our fortune, but there must be a balance. We cannot accept being called con artists and being accused of taking tax giveaways.

He criticizes the prevailing conditions for…