Article Tools

Stepic: Austria is Destroying its Business Location

Published: February 12, 2011; 13:37 · (Vindobona)

The CEO of Raiffeisen International Bank (RBI), Herbert Stepic, considers the domestic business location to be in grave danger.

Stepic: Austria is Destroying its Business Location / Picture: © Flickr / St. Petersburg International Economic Forum

In an interview with the daily newspaper "Kurier", the CEO of RBI states his opinion about the Austrian economic policy in clear words: "We are doing everything possible to ensure that our competitiveness decreases. The business location Austria keeps constantly getting less interesting."

The CEO blames the political framework conditions for this: "But there is obviously nothing…

This article includes a total of 233 words.

or Log In

Fast News Search
Related News
RBI Faces an Increase in Equity (February 7, 2011)
Raiffeisen Bank International Acquires 70% of Polbank (February 3, 2011)
Polbank: Imminent Decision (January 10, 2011)
Raiffeisen Negotiates over Polbank (December 23, 2010)
Raiffeisen Bank International's direct bank Zuno launches in Slovakia (December 6, 2010)
Raiffeisen CEO Stepic: CEE Continues Being Europe’s Growth Driver (November 8, 2010)
Read More
Herbert Stepic, Leaders, RBI Raiffeisen Bank International, Banking Industry, Bank Taxes, State Aid
Featured
List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter