FW-Pisec: Financial associations should not ready to characterize Austria’s financial pursuits!

2024-07-01 10:16:47

Vitality provide is tight!

Vienna(OTS) – It didn’t assist the Austrian economic system when the Financial Affiliation (WB) and its corporations gave a speech on Sunday calling for higher financial competitiveness however then refused to agree. That is what occurred on the Financial Parliament on June 27, 2024, when a proposal from the Free Economic system (FW) to ship pure gasoline by means of Russia “to offer planning and provide safety for the Austrian economic system” was rejected by the bulk World Financial institution, SWV and Inexperienced Get together. Solely trade agrees with the proposal because it ensures an reasonably priced and safe gasoline provide and meets the related wants of sustaining gasoline flows from Russia.

World Financial institution beneath WKO President Dr. Harald Mahrer, not obtainable. Clearly, the World Financial institution is following a self-proclaimed political correctness, which is actually not good for the well-being of Austrian entrepreneurs, and particularly for industries that desperately want entry to aggressive vitality provides.

From a enterprise perspective, it’s clear that if Russian gasoline provides stop, gasoline costs in Austria will instantly skyrocket. Transport non-Russian gasoline is way more complicated and due to this fact dearer. Austria wants a safe vitality provide.

Good competitiveness requires entry to engaging vitality sources – the variety of the present gasoline market makes this attainable. Moreover, the World Financial institution should remind everybody that gold plating will probably be prohibited by legislation in 2019, concludes Reinhard Pisec (FW Business Spokesperson).