Austria's economy in the crisis: black and green fails across the board!

Austria's economy in the crisis: black and green fails across the board!

Laimgrubengasse 10, 1060 Wien, Österreich - The FPÖ expresses sharp criticism of the crisis management of the black and green government in Austria. NABG. Axel Kassegger, economic spokesman for the party, described the economic situation as catastrophic and found that the preliminary calculations of statistics Austria confirm real gross domestic product numbers for the third quarter of 2024 with a decrease of 0.6 percent compared to the previous year and 0.1 percent compared to the previous quarter. Kassegger emphasized that these grievances will continue to burden the country in 2025. "ÖVP Chancellor Nehammer and ÖVP Economic Minister Kocher have caused the worst damage to the economy and Austria as a location," he added.

Criticism of planned traffic light coalition

Kassegger expressed that even the planned traffic light coalition would not be able to solve the economic problems left by the black and green government. He fears that the “left -wing economic course” will continue, which is further weakening Austria's economy. "Austria quickly needs the long overdue reforms for the business location", Kassegger appealed and spoke of necessary relief measures for companies and employees. The persistently high energy and transport costs as well as the wage increases caused by inflation are increasing the companies.

In order to learn more about the economic challenges that Austria is currently experiencing, reference is made to the comprehensive analyzes in literature, for example in a fundamental bookcase by Springer. This book offers illuminating insights into the economic situation not only Austria, but also similar problems in the European Union. The current developments shape the political debate and could have far -reaching consequences for the Austrian economy.