Sharp Criticism Against Felderer

People ♦ Published: November 12, 2011; 16:09 ♦ (Vindobona)

The head of the Viennese Chamber of Labor, Werner Muhm, attacks the director of IHS, Bernhard Felderer. His economic forecast is “propaganda of fear”.

Sharp Criticism Against Felderer / Picture: ©

This weak Bernhard Felderer, head of the institute for advanced studies (IHS), considered that Austria could lose its triple-A rating. Austria´s debt burden would be too high and the government would have to take serious actions soon.

For Werner Muhm, Felderer´s statements are inacceptable. Moreover, Muhm calls Felderer an “Austro-masochist”. “We have a specific culture…