IV: „Budget Consolidation Supports Economic Growth“

Politics ♦ Published: June 8, 2012; 14:31 ♦ (Vindobona)

The Federation of Austrian Industries pushes for structural reforms in order to cut public expenses.

IV: „Budget Consolidation Supports Economic Growth“ / Picture: © IV / Markus Prantl

„The recent economic data of Austria confirm that a consequent consolidation of public finance supports economic growth.“ the general secrectary at IV, Christoph Neumayr says.

„The positive growth perspectives for 2012 also confirm the austerity policy. Smart saving means creating trust in the economic future oft he country. This leads to a higher degree of investment.…