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WIFO Director: "Crisis was not Taken Advantage of to Introduce Reforms"
People ♦
Published: December 30, 2010; 23:14 ♦ (Vindobona)
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In an interview with the newspaper "Kurier", the head of the WIFO criticizes the lack of commitment to reforms. His perspectives for Austria are nevertheless optimistic.
WIFO Director: "Crisis was not Taken Advantage of to Introduce Reforms" / Picture: © WIFO Wirtschaftsforschungsinstitut
Aiginger, director of the Austrian Institute of Economic Research considers that despite the significant impact of credit rating agencies, elbow room for a national economic policy. He sees off-budget debts of municipalities, hospitals or the ÖBB as a problem: "When the budget consolidation was decided, the debt of the railways increased more than the entire budget…
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