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Austria: Is Spindelegger Suitable as Finance Minister?

Published: April 28, 2014; 15:13 · (Vindobona)

On Tuesday the Austrian Finance Minister will hold his first budget speech. Initial figures reveal record debt levels.

Far-reaching reforms are now required to balance out the burdens for the budget. / Picture: © Flickr

The budget speech by Finance Minister Michael Spindelegger on Tuesday is already casting shadows. Initial figures have leaked through and reveal a new record in the debt rate. The escalating debate about a “messed up” business location, as described by head of the WKO (Austrian Chamber of Commerce) Christoph Leitl, the demands for a soon relief of the tax burdens and the high…

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Leaders, Michael Spindelegger, WKO Austrian Federal Chamber of Commerce, Budget Deficit, Public Debts, WIFO Austrian Institute of Economic Research, Karl Aiginger, Banking Industry, Hypo Group Alpe Adria, Labor Market, Labor Market Policy, Taxation, Inflation, Wages, Reforms
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