Economy at a standstill: Kolm demands a change of course from Hattmannsdorfer!

Economy at a standstill: Kolm demands a change of course from Hattmannsdorfer!

FPÖ economics spokeswoman Dr. Barbara Kolm vehemently criticizes the policies of Economics Minister Dr. Wolfgang Hattmannsdorfer. In an interview in the Ö1-Mittagsjournal, she expressed clear concerns about the current situation of the domestic economy and the government's inaction. Kolm describes that the economy is currently contracting and inflation is reaching record levels, while bankruptcies are increasing. A massive outflow of investment capital and the suffering of entrepreneurs due to bureaucracy and high energy prices paint a worrying picture.

The FPÖ politician particularly criticizes the lack of any measures on the part of the ministry. In your opinion, there is neither relief for those affected, nor deregulation or a bold change of course that the economy urgently needs. Instead, Kolm criticizes Hattmannsdorfer's statements on the part-time debate as “socially populist and economically unrealistic”.

Calls for reforms

Kolm's demands on the government are clear: it demands real relief and performance incentives, a simple tax system, and massive reductions in bureaucracy for companies. A focused approach to supply-oriented economic policy is essential. She also comments on housing policy by criticizing the excessive regulations and high construction costs and warning of the negative effects on housing construction and the promotion of property ownership.

In this context, Kolm calls for a radical change in government policy. It emphasizes the need for real relief, deregulation and a clear focus on performance, ownership and growth. These aspects are important not only for the current state of the economy, but also for long-term stability and competitiveness.

Economic policy framework

In connection with Kolm's criticism, it is also important to consider the fundamental goals of Austrian economic policy, which are aimed at growth, innovation and full employment. The Federal Ministry of Finance plays a central role here, as it shapes the economic policy framework and takes measures to support the financial sector and the capital market. In particular, public budgets and taxes were identified as key instruments for achieving economic stability.

The growing internationalization and integration of the Austrian economy into the EU pose additional challenges that require active action. In this context, the ministry's economic policy contributes to the competent participation of international and European institutions, which is of great importance for the future prospects of the domestic economy. According to the Federal Ministry of Finance, international cooperation is essential in order to respond effectively to economic policy challenges.

In conclusion it can be said that the demands of Dr. Barbara Kolm is neither isolated nor unconnected with the devastating challenges that the Austrian economy is currently facing. It is an urgent call for politicians to take measures that could mitigate these developments and promote sustainable growth. The standstill in the so-called “black-green legacy” must finally be ended.

Another factor that could contribute to the robustness of the domestic economy would be the creation of efficient framework conditions for export promotion, which, according to the BMF, is of central importance. Here, the ministry's website offers a deep insight into the current economic policy agenda and the objectives for a sustainable economy.