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WIFO Director: "Crisis was not Taken Advantage of to Introduce Reforms"
People ♦
Published: December 30, 2010; 23:14 ♦ (Vindobona)
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.
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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