Wolfgang Hattmannsdorfer (ÖVP) has insured Voltalpine on his first working day as Minister of Economy, who led him to his hometown Linz, that the new government program “The Stop Key for Industrial Emigration” is being put under pressure. Reduction of bureaucracy and regulations, as well as acceleration in approval procedures that he mentioned as a starting point.
The Linz Steel Group “as the leading company of our country and in Europe” is representative of prosperity in our country, he mentioned a change in the “mentality”. Eantege CEO Herbert Eibensteiner was satisfied with the clear dedication to the industry and the government program positively evaluated.
Tax bonus
However, the group leader penetrated the pace, so “very fast measures” are needed and these should “be helped useful laws,” he said with a view to international competitiveness. This continues, for which he again called the rising wage costs and the high energy prices and a “very strict CO₂ regime in Europe”.
Hattmannsdorfer has announced that the three energy duties (EABG, ELWG and EGG) will be implemented immediately in the summer of 2025. Despite the budget consolidation, the minister also expects a contribution to stimulating the economy with the introduction of a tax -free employee premium. The reduction of non -wage costs will also start from the center of the legislative period. With “the path to reduce 3.7 percentage points”, it is guaranteed to “return to German”.
“More self -confidence in the EU”
Hattmannsdorfer comes to a trade policy for more “self -confidence in the European Union” with a view to the US and China. Eibensteiner expects the EU to respond to the announced trade restrictions in the United States.
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.
