Constructive conversations between the SPÖ and ÖVP: Vienna hopes for quick agreement!

Constructive conversations between the SPÖ and ÖVP: Vienna hopes for quick agreement!

The Mayor of Vienna Michael Ludwig is optimistic about the upcoming negotiations between the SPÖ and the ÖVP. In a meeting of the SPÖ committees, he expressed that constructive conversations between the two parties can be quickly realized because the first results have already been agreed. Ludwig emphasized that he would do everything possible to create a functioning federal government to quickly meet the current challenges, as

But there are challenges before the negotiations: The ÖVP requires changes in the SPÖ negotiation team. Ludwig sees this critically, but appeals to the need to not have the conversations through the media. Changes to the team have nevertheless announced. He particularly emphasized the role of Doris Bures, the third National Council President and a close confidante. In the case of a successful unification process, this would not only be crucial for the Viennese finances, but also for important projects such as the subway expansion that depend on an agreement with the federal government. This year, the city of Vienna is expecting a debt of around 3.8 billion euros, which is related to the delays in government formation, such as holds the website of the SPÖ Vienna

Financial Situation of the city of Vienna

The political situation already has an impact on the finances of the city of Vienna. Delays in the formation of a new government could delay decisions regarding the budget and necessary reforms. While funds continue to flow from the financial equalization every month, this amount is not sufficient to cover the financial requirements of the city. Karoline Mitterer, expert in community finances, explains that due to inflation and falling income, renegotiation with the federal government is essential.