Mitterlehner: “2014 Will Become Significantly Better“

People ♦ Published: October 17, 2013; 21:04 ♦ (Vindobona)

Austrian Minister for Economy Reinhold Mitterlehner considers the Austrian economy to be in a spirit of optimism as an upturn in Europe has become evident. According to him, 2014 is supposed to become “significantly better” than 2013.

Mitterlehner: “2014 Will Become Significantly Better“ / Picture: © Parlamentsdirektion / Simonis

In regard to the use of risk capital, the Minister of Economy is optimistic too. In the course of the opening of the “Gewinn” fair in Vienna today, he announced that the new banking regulation Basel III would lead to credits becoming more expensive and risk capital becoming more attractive.

However, in terms of venture capital, Austria needs to catch up, according to…