Topic: - on September 22, 2002 at 10:38:26 PM CEST
The Austrian Government's Mixed Record
Too High a Price for Fiscal Discipline? The balance sheet of the two-and-a-half-year coalition experiment in Austria is mixed. Some reforms have been realized and an almost model fiscal discipline has been maintained, although the "zero deficit" target will not be met this year. But the price of those accomplishments is high: an almost record level of taxation and increased unemployment.
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