Die österreichische Infrastrukturgesellschaft ASFINAG als verkehrspolitisches Modell

Franz Nauschnigg ()

Wirtschaftsdienst, 2015, vol. 95, issue 5, 342-346

Abstract: The EU is currently debating how to increase investment for improved growth and employment. EU Commission President Juncker has announced an investment plan of more than €315 bn. Public sector investments in the EU are hampered by high debt and deficits and the restrictions of the Stability and Growth Pact. The Austrian ASFINAG finances and operates the Austrian highway system and has improved it significantly through massive investments in the last two decades. Although it is state-owned and has a state guarantee for its debt, which allows cheap financing, it is a private company that belongs to the private sector, and it can cover its costs through user fees. This ASFINAG model, which makes use of the flexibility in the Stability and Growth Pact, could be used to increase infrastructure investments in the EU significantly. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2015

Keywords: E22; H41; R48 (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1007/s10273-015-1829-4

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