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Criticism of Austria's Allocation of Subsidies

Published: October 21, 2010; 11:41 · (Vindobona)

Both the volume and the organization of the allocation of subsidies are susceptible of improvement, experts say.

Criticism of Austria's Allocation of Subsidies / Picture: © Flickr

About 10.8% of government expenditure, i.e. 15.4 billion euro, account for subsidies. This a record among OECD countries. Given the need for savings, criticism of the domestic aid policy is growing.

Budget consolidation requires a more rigorous and selective approach, experts warn. The state is particularly generous in the fields of transport and health. The main…

This article includes a total of 209 words.

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