Austrian Finance Minister Hopes for EU Solution on State Aid for Tourism

Bloomberg Markets and Finance published this video item, entitled “Austrian Finance Minister Hopes for EU Solution on State Aid for Tourism” – below is their description.

Sep.11 — Austrian Finance Minister Gernot Bluemel said he hopes to find a solution with the European Union on state aid for tourism and companies in Austria that are struggling due to the impact of the virus. He also sees a strong rebound in Austrian GDP in 2021. Bluemel spoke to Bloomberg’s Alberto Brambilla exclusively on the sidelines of the informal Eurogroup meeting in Berlin.

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  • In This Story: Austria

    Austria, officially the Republic of Austria, is a landlocked East Alpine country in the southern part of Central Europe. It is composed of nine federated states, one of which is Vienna, Austria’s capital and its largest city.

    It is bordered by Germany to the northwest; the Czech Republic to the north; Slovakia to the northeast; Hungary to the east; Slovenia and Italy to the south; and Switzerland and Liechtenstein to the west.

    Austria occupies an area of 83,879 km2 (32,386 sq mi) and has a population of nearly 9 million people. While German is the country’s official language, many Austrians communicate informally in a variety of Bavarian dialects.

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