Austria: Finance minister finds ways to mend the budget
Article Abstract:
The Austrian finance minister Karl-Heinz Grasser has plans for closing the gaps in his 2002 budget. In order to be able to pay for pensions and unemployment benefits Grasser intends to take some Sch 3bn of the Austrian national bank's profits. The minister also plans to take money out of the pension reserve funds, to lower interest rates on federal debts and to decrease payments to the
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2001
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Austria: Subsidy for air travel research
Article Abstract:
The Austrian Aeronautics Research project, in which Austrian Aerospace, Austrian Research Center, Magna and Plansee are involved, is to receive EUR 10.68mn between 2002 and 2006. The project is to develop power units and light materials, and aims to confirm Austria's status as a supplier for the airline industry.
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2001
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