He has been on the board of the Styrian Sparkasse for 21 years and recently Georg Bucher is at the top of the bank. In the “Krone” interview he talks about falling interest rates that teach in the financial crisis on how you can invest 10,000 euros and why the determination of private pension is becoming increasingly important.
“Krone”: On the one hand, economic researchers acknowledge a possible positive trend removal, on the other hand there are new uncertainties of American rates and the war in the middle: how optimistic are they being economically again?
Georg Bucher: In any case, it is economically a third difficult year. The last two to three months make me a bit optimistic, maybe we avoid a recession. In Austria we are currently starting with a zero (ie neither economic growth nor deterioration, note), in our markets in Southeast -Europe of the growth of two to four percent.
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.
