“Not Enough Support for Growth and Competitiveness“

CommentOpinion ♦ Published: February 9, 2013; 13:42 ♦ (Vindobona)

Georg Kapsch, President of the Federation of Austrian Industries criticizes that the EU budget does not contain enough future investments.

“Not Enough Support for Growth and Competitiveness“ / Picture: © IV / Günther Peroutka

The financial framework from 2014 to 2020 is a signal for the EU´s capacity to act, Kapsch comments. However, the financial framework does not contain enough growth measures, Kapsch criticizes. According to him, the budget should strengthen Europe´s competitiveness.

“From the perspective of economic growth and the creation of jobs, the results are insufficient. The EU has to…