EU Wants Austria to Reduce Bureaucracy

Politics ♦ Published: October 13, 2012; 15:46 ♦ (Vindobona)

The Commission of the EU has presented its concept for the re-industrialization of Europe. Austria is well-positioned, but there is some potential for improvement.

EU Wants Austria to Reduce Bureaucracy / Picture: ©

In order to manage the economic crisis, the industrial quota should reach 20% until 2020. At the moment, the industrial sector only has a 15.6% share in GDP. The Commission underlines that a re-industrialization is needed. In general, all member states have to improve their performance steadily, the Commissioner Antonio Tajani concluded.

Regarding the industrial competitiveness,…