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At the moment Corona still dominates everything and if it weren’t for the export industry, which continues to operate at full speed despite the lockdowns, the economic data would remain catastrophic in the second year of the pandemic. In any case, they are still in the labor market, in consumption and in investment.
Chancellor Sebastian Kurz also knows that it will probably be about fighting the crisis for longer. However, he tasked Finance Minister Gernot Blümel, Site Minister Margarete Schramböck and Labor Minister Martin Kocher to develop strategies for the expected rebound after the pandemic.
On Tuesday the “reconstruction trio”, as it is known within the government, performed for the first time. Schramböck said that a “comprehensive location strategy” must be developed, a “vision for Austria 2040”. The aim is to place Austria among the ten best economies in the world.
Since 2012, Austria has lagged behind Germany, Switzerland, Sweden and Denmark in terms of growth, the minister admitted. “We have to develop recipes to improve. Resignation is definitely the wrong way. We have to bring MS Austria back to the water, ”said Schramböck.
The three Turkish ministers see greater growth potential in the areas of technology and digitization, in the health sector and in the cross-cutting issue of sustainability.
