Fekter: „Austerity Package is Structural Reform Package“

People ♦ 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: © Vindobona.org

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…

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