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A debate is ongoing in Austria regarding a proposed bank levy, with Raiffeisen economist Gunter Deuber warning it could further restrict lending amid already low investment levels. In contrast, OeNB head Robert Holzmann supports the levy as a sensible option for budget restructuring, backed by the Chamber of Labor and the Momentum Institute, who argue that banks should contribute to budget consolidation due to their recent profits.
Thomas Url
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debate over bank levy intensifies as economists voice opposing views in austria
Raiffeisen-Osteuropa-Rent
AUT
Robert Holzmann
Gunter Deuber
Oliver Picek
Thomas Url
Renate Anderl
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12:09 28.01.2025
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