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Mitterlehner Pushes for more Venture Capital

Published: December 10, 2011; 14:24 · (Vindobona)

The Austrian Minister of Economics, Reinhold Mitterlehner wants to increase efficiency and reduce redundancies in economic subsidies.

Mitterlehner Pushes for more Venture Capital / Picture: © ÖVP Bundespartei / Jacob Glaser

“We strongly support the decrease of the tax quota, which goes in line with an efficient reform of expenditures. The problem is the expenditure side.”, Reinhold Mitterlehner says. For the Minister, there is no margin for new taxes anymore.

Now it would be important to increase the competitiveness of the domestic industry. Mitterlehner refers to “numerous instruments for…

This article includes a total of 223 words.

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