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EU Calls on Austria to Accelerate Reforms

Politics ♦ Published: June 1, 2012; 20:28 ♦ (Vindobona)

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Austria has to put more effort in reforms. In the fields of education, labor market, retirement plan and budget consolidation, Austria shows deficits.

EU Calls on Austria to Accelerate Reforms / Picture: © European Commission

In the long term, the lack in reform work may damage the Austrian business location, the Commission of the EU said. Now it would be important to go against this trend. Richard Kühnel, the representative of the Commission in Vienna said that Austria must accelerate its reform policies in several areas.

In general, Austria is still well-positionned compared to the other EU member…