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New IV´s President Dissatisfied with Political System

Published: June 23, 2012; 15:45 · (Vindobona)

The corruption scandals oft he past would damage Austria´s reputation as business location, Georg Kapsch thinks.

New IV´s President Dissatisfied with Political System / Picture: © IV / Markus Prantl

Georg Kapsch, President of the Federation of Austrian Industries, thinks that there is much to do in Austria. The education system, the labor market and the tax system must be reformed, IV´s new chairman says. „If 24% of the pupils in Vienna cannot read texts to an adquate level, then it is obvious where the problems are.“ Kapsch says in an interview with the Austrian newspaper…

This article includes a total of 245 words.

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