Sponsored Content
Austrian Economy Pushes for Austerity
People ♦
Published: January 5, 2012; 16:50 ♦ (Vindobona)
Sponsored Content
In order to prevent new taxes, the Austrian Chamber of Commmerce and the Federation of Industries call for austerity measures.
Austrian Economy Pushes for Austerity / Picture: © Vindobona.org
According to Christoph Leitl, President of the Austrian Chamber of Commerce (WKÖ), a substantial cut in expenditures would be needed in order to restructure the budget. Leitl supports Vice-Chancellor Michael Spindelegger, who emphasized to implement structural reforms instead of imposing new taxes. “New taxes are not needed. And they would be extremely harmful for the economic growth…
or Log In
Sponsored Content
Fast News Search
Sponsored Content