Government meeting: New ways to combat the recession discussed!

Government meeting: New ways to combat the recession discussed!

The government will meet in the Chancellery on Tuesday for a central meeting that will focus on stimulating the economy. Prominent economic researchers will take part in this meeting, including Holger Bonin, director of the Institute for Advanced Studies, and Gabriel Felbermayr, head of WIFO. They will provide the government with valuable assessments of the current economic situation, while ministers discuss crucial measures aimed at combating the recession and strengthening economic dynamism, such as vienna.at reported.

The exam begins at 11 a.m., followed by a press conference at 3 p.m. Chancellor Christian Stocker has already emphasized that people expect concrete decisions and measures. Among the topics discussed, developments for the next few weeks until Easter will also play a role. Economics Minister Wolfgang Hattmannsdorfer announced that a new approach to competitiveness and relieving the burden on citizens will play a central role. In particular, a tax-free employee bonus of up to 1,000 euros should be introduced to support top performers in the country Today.at.

Focus on concrete measures

The upcoming discussions are aimed at putting together an effective economic stimulus package. Hattmannsdorfer emphasizes that only through work is an affordable life possible and that the economy creates jobs. The commitment to a “lean state” and de-bureaucratization is also addressed in order to strengthen Austria as a business location. Nevertheless, the economic forecast remains cautious, particularly in industry, while the construction sector shows signs of recovery.