Triple-A Rating: Treichl vs. Nowotny

People ♦ Published: December 3, 2010; 19:37 ♦ (Vindobona)

The Chairman of the Erste Group is not convinced anymore by Austria's financial policy; the Governor of the National Bank however, still stands on "AAA".

Triple-A Rating: Treichl vs. Nowotny / Picture: ©

In an interview with the Austrian daily newspaper "Kurier", Andreas Treichl, Chairman of the Erste Group, reveals himself disappointed with Austria's policy: the government has no vision and Austria lives at the expense of the next generation.

Treichl considers there is need for reform and also that the economy also shows willingness to contribute accordingly, in order to…