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Moser Demands Changes in Debt Policy

Published: May 3, 2011; 11:55 · (Vindobona)

Josef Moser, President of the Audit Court warns urgent structural reforms of the policy. There is no all-clear; the situation is "ominous".

Moser Demands Changes in Debt Policy / Picture: © Reuters

Josef Moser considers the situation of the Austrian state budget as extremely tight. The creditworthiness of the Republic is in danger; after all, the debt of the Republic will increase by 2015 by a further € 53bn to € 258bn.

The triple-A rating has the highest priority, Moser said in an interview with the daily newspaper “WirtschaftsBlatt": “Everybody, the Federation,…

This article includes a total of 226 words.

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