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Austria: Is Spindelegger Suitable as Finance Minister?
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On Tuesday the Austrian Finance Minister will hold his first budget speech. Initial figures reveal record debt levels.

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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