The playfully designed report in scrapbook type is concerning the classes discovered from the “greatest company chapter of the Second Republic”. Tomaselli criticized the coalition accomplice ÖVP. They wished to reply how this chapter may have occurred, but in addition what politicians and directors may do higher sooner or later, stated Tomaselli. She recognized 4 components that contributed to Benko “changing into a billionaire with castles within the air” till your entire assemble in the end collapsed.
The Inexperienced Celebration described Signa’s enterprise mannequin as a “billion-dollar monopoly” that exploited the chances of worldwide accounting to extend the worth of actual property to extra. This labored so long as rates of interest had been low and the general forecast for the actual property market was strongly rising. Not solely buyers had been harmed, but in addition German and Austrian taxpayers and quite a few small suppliers, in accordance with the doubtful motto “privatize income, socialize losses.”
“Regarded away too usually”
Secondly, some folks regarded the opposite method too usually, whereas others willingly went together with it. Tomaselli particularly named former Chancellor Alfred Gusenbauer (SPÖ) and Sebastian Kurz (ÖVP). As a 3rd issue, she talked regarding the banks and their lending practices, and as a fourth, she stated, the glitz and glamour as a part of the enterprise mannequin that had lulled politicians right into a false sense of safety, regardless that people – the Greens seek advice from monetary officers and journalists, and embody themselves amongst them – had warned early on.
The Greens’ concrete options for enchancment embody measures to forestall the outflow of belongings into the “basis paradise”, an finish to video games of hide-and-seek in steadiness sheets and enough funding for the monetary administration. Tomaselli additionally took goal at Finance Minister Magnus Brunner (ÖVP). He should reply how nice the harm to the republic actually is, how excessive the “tax invoice” of Benko’s signa and what’s being finished to guard taxpayers. “Sadly, the ÖVP remains to be discovering it troublesome to step on the toes of those that ignore everybody’s guidelines,” she stated, criticizing the coalition accomplice’s hesitation with regards to authorized penalties.
