Austrian Minister of Finance Under Fire

CommentOpinion ♦ Published: February 5, 2014; 11:41 ♦ (Vindobona)

Christoph Leitl, President of the Austrian Chamber of Economics, criticizes the Austrian government sharply. Minister of Finance Michael Spindelegger is put on the defensive.

Austrian Minister of Finance Under Fire / Picture: © Flickr / The Austrian Foreign Ministry

During the election campaign in 2013, Deputy Chancellor and head of ÖVP Michael Spindelegger repeatedly promised to cut taxes. In December 2013, Spindelegger replaced Maria Fekter as Minister of Finance. However, instead of a tax cut, the government resolved a number of tax hikes. Above all, representatives of the Austrian industries criticized the government plans sharply.