Budget crisis: Minister announces profound savings!

Budget crisis: Minister announces profound savings!

The Austrian federal government has initiated first steps to consolidate the Federal Balancing, which react to the pressing economic challenges. Finance Minister Marterbauer emphasized the need to avoid a deficit and at the same time pay attention to relevant social measures. As part of this plan, a saving of 1.24 billion euros in 2025 and 1.65 billion euros in 2026 will be sought, including the abolition of educational leave, which is intended to save 350 million euros per year, such as vienna.at also related

Important measures at a glance

A central point of consolidation is the introduction of new taxes to strengthen the budget. This includes the increase in tobacco tax and the inclusion of electric vehicles into the engine -related insurance tax. For 2025, an additional volume of up to 50 million euros is expected from tobacco tax, while the tax measures in the area of ​​the energy industry are to generate an additional 200 million euros. Marterbauer confirmed that the savings in the ministries have to be realized with a 15 percent reduced expertise, which means that not all departments can be loaded equally.

The challenge will not only be in the budget consolidation, but also in the fact that the measures are implemented in a way that is both socially just and economically sustainable. This approach is intended to ensure that important areas such as education and care are not endangered. A successful implementation will be crucial for the future development of the country.