SPÖ Leaders Call for Action to Address Rising Savings and Loan Interest Rate Disparity

St. Pölten – SPÖ leader Andreas Babler and the Lower Austrian state party leader, Landesrat Sven Hergovich, criticized the increasing difference between savings and loan interest rates on Friday. “This injustice needs to be fought,” emphasized Babler at a press conference in St. Pölten as part of his “comeback tour” and spoke out in favor of an interest rate freeze. Market interventions are “definitely justified” and “easily financed” by the banking system, according to Hergovich.