Article Tools

WIFO Director: "Crisis was not Taken Advantage of to Introduce Reforms"

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.

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…

This article includes a total of 251 words.

or Log In

Fast News Search