„Something Is Wrong in Austria“

More+Comment ♦ Published: May 30, 2012; 17:26 ♦ (Vindobona)

According to the Austrian Chamber of Labor, Austrian workers have to bear the highest burden of the crisis. The contribution of great fortunes would be insufficient.

„Something Is Wrong in Austria“ / Picture: © Vindobona.org

„The way out of the crisis means more distributive justice.“ Herbert Tumpel, chairman of the Austrian Chamber of Labor (AK) says. Countries with a higher degree of equity in income and assets would be more successful in conquering the crisis.

Tumpel warns of a further deterioration of the economic situation: „Because of its austerity policy, Europe begins to enter a severe…