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Fekter Against Forced Loans
Politics ♦
Published: July 16, 2012; 17:22 ♦ (Vindobona)

Austria´s Finance Minister Maria Fekter opposes to DIW´s suggestion to impose forced loans on wealthy persons.

Last week, the German Institute of Economic Research (DIW) suggested that wealthy individuals should be obliged to purchase sovereign bonds. Up to 10% of the individual wealth should help to bear the high public debt. Persons with assets worth more than € 250,000 should be affected.
The social democratic member of the European Parliament Jörg Leichtfried declared himself in…
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