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To the Editor,

In Rupture, Risk And the Quite Life, Martin Ehl is giving a gripping and far too seldom insight into the situation of startups in Central and Eastern Europe (CEE). I am happy that Metropole pays attention to CEE, an area where Austrian companies and angel investors could use their know-how to help moving the whole region forward.

Vit Lichtenstein, Vienna

To the Editor,

Last edition’s cover story A Culture of Innovationdid well to highlight some of the bureaucratic hurdles young businesses and in particular startups face in Austria as compared to in the United States. A further difference, which stifles enterprise, is the immense incidental costs associated with employing staff, particularly concerning employer contributions such as the FLAF (4.5% of the gross salary). These costs represent a massive hindrance to new companies taking on more staff and can prevent them from expanding as quickly as their U.S. counterparts. If Austria wants to support budding entrepreneurs, it should consider reducing both the obstacles of bureaucracy and the tax burden on businesses.

Peter Berry, Vienna


 

If we had no faults we should not take so much pleasure in noting those of others.

François de La Rochefoucauld (1613-1680), French author of maxims and memoirs

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This was written by the Metropole editorial Team. Sometimes its an expat, sometimes a native, most of the time the lines are blurred, and sometimes we're sharing someone else's content, but we always say so. Oh yeah, and buy our magazine! Thanks.