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Stepic: „Reaching AAA Again Is Possible“

Published: January 28, 2012; 11:46 · (Vindobona)

RBI´s CEO Herbert Stepic thinks that due to the strength of Austria´s real economy, re-gaining the triple A is possible within the next years.

Stepic: „Reaching AAA Again Is Possible“ / Picture: © Flickr / St. Petersburg International Economic Forum

In an interview with the Austrian newspaper “Wirtschaftsblatt”, the chairman of Raiffeisen Bank International argued that Austrian politics must begin with structural reforms in order to secure sustainability of public finance.

Stepic calls for massive cuts in the retirement and the health system. “A sustainable restructuring is only possible when we also talk about…

This article includes a total of 211 words.

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