"Europe Needs Economic Growth and Budget Discipline“

More+Comment ♦ Published: May 26, 2012; 16:27 ♦ (Vindobona)

Structural reforms are necessary to make Europe sustainably more competitive, Christoph Leitl, President of Austria´s Chamber of Commerce (WKO) says.

"Europe Needs Economic Growth and Budget Discipline“ / Picture: © Wirtschaftsbund / Christoph Leitl

“The recent forecast by the Commission of the EU predicts a decline in GDP by 0.3% in the Eurozone. Growth measures, which are effective and may be implemented quickly, must be supported.” Christoph Leitl emphasized at the EU Summit in Brussels.

Currently, the EU politics focuses on issues like economic growth and the job creation. “As already said before, the question is…