Wien Energie boss Michael Strebl strongly recommends changing the rate – because: “It will certainly not get cheaper this year. The market is still tense.” In the “Krone” Strebl talks about how much we will pay in the future, what role China plays in this and whether the Minister of Finance has already contacted us.
“Kron”: Accusations of a lack of transparency and control over Wien Energie by the city have been made time and time again. How do you see that?
Michael Strebl: We are currently the best tested company in Austria. We had nine institutions in house: the federal and municipal audit office, the Financial Markets Authority, Audit, etc. Every stone has been turned here. We have compiled and handed over 6200 documents. And an aid package of 340 million euros with a new rate was also put together.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
