Reducing VAT would be a comparatively simple political measure that might be implemented quickly. It is also often demanded by the opposition and consistently rejected by the government and economic experts. Now Spar boss Fritz Poppmeier, the powerful leader of the domestic market leader, has his say: “You shouldn’t do nonsense just because something can be implemented quickly.” In his opinion, reducing VAT would be completely counterproductive.
Fritz Poppmeier: Spar boss warns against lowering VAT
written by Alexandra Hartman Editor-in-Chief
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Alexandra Hartman Editor-in-Chief
Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.