SPÖ Supports Idea of Forced Loans

Politics ♦ Published: July 14, 2012; 18:03 ♦ (Vindobona)

Like their German counterparts, the Austrian Social Democrats want to introduce forced loans for rich persons.

SPÖ Supports Idea of Forced Loans / Picture: © Flickr / SPÖ Presse und Kommunikation

Today, the leader of the Austrian Social Democratic Group Josef Cap expressed his support for the German idea to introduce forced loans for rich individuals. „This is a very reasonable proposal.“ he said. „I plead for it – for countries which face big financial difficulties.“ It would be an opportunity to achieve a balanced budget, Cap said.

One day before, the social…