„Austria Must Not Become Mediocre“

People ♦ Published: June 18, 2012; 18:01 ♦ (Vindobona)

The Austrian Chamber of Commerce (WKO) and the Federation of Austrian Industries (IV) call for an acceleration of reforms as the Austrian position in competitive rankings deteriorates.

„Austria Must Not Become Mediocre“ / Picture: © Vindobona.org

„According to well-known competitiveness rankings, Austria has lost a substantial degree of competitiveness in the last years.“ the chairmen of WKO Christoph Leitl and IV Veit Sorger said. The Austrian economy must not become mediocre, Leitl warned and called for an „turnaround“. „Who is satisfied with mediocrity, also accepts losses in prosperity and future opportunities.“…