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Fekter: „Austerity Package is Structural Reform Package“

Published: February 20, 2012; 15:36 · (Vindobona)

In spite of criticism by economists, for the Austrian Minister of Finance, the austerity package is a “big success”.

Fekter: „Austerity Package is Structural Reform Package“ / Picture: © Flickr

The Minister of Finance, Maria Fekter, reaffirms that the austerity package is a “large packet of structural reforms”. Before, economists like Bernhard Felderer (IHS) and Karl Aiginger (WiFo) said to see a lack in structural reforms. Also the Audit Court and the Federation of Austrian Industries emphasized the pressing need of a large administrative reform.

Fekter is…

This article includes a total of 389 words.

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