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Former Austrian Minister Kocher Comments on Budget Challenges and Economic Outlook

Former Austrian Minister Kocher stated in 'ZiB 2' that he envies no one tasked with budget consolidation, as the National Bank Governor anticipates a 'supply shock' to the economy from interest rate hikes and only a 'slight' effect from VAT reduction.

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der-standardGerman4d ago

Ex-Minister Kocher in "ZiB 2": "Beneide niemand", der nun Budget sanieren muss

Nationalbankgouverneur rechnet mit "Angebotsschock" für Wirtschaft durch Zinserhöhung und "leichtem" Effekt der Mehrwertsteuersenkung

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