Eder Favors Further Privatizations

People ♦ Published: February 15, 2011; 01:16 ♦ (Vindobona)

The CEO of Austria's largest steel company, voestalpine, would like to see the state pushed away from business still further.

Eder Favors Further Privatizations / Picture: © Flickr / Worldsteel

In the current debate on further privatization steps in the Austrian economy, CEO Wolfgang Eder says: "In these times, when millions are needed for budget consolidation, it would be worthwhile to consider privatizations”. In an interview with the magazine "TOP Gewinn" Eder says: "The State is, as a rule, not the right owner for me." Budget consolidation should be made possible with…