New finance minister Gunter Mayr: Challenges and opportunities for Austria!

New finance minister Gunter Mayr: Challenges and opportunities for Austria!

On Monday, Federal President Alexander Van der Bellen had a decisive encounter with the new finance minister Gunter Mayr, who was recently used to this office after the dismissal of Magnus Brunner. Van der Bellen said that these discussions were important to evaluate the current budget situation and to find out about the current consolidation plans of the government, which were also reported to the EU Commission. "The creation of a budget is one of the main tasks of a federal government and regulates the functioning of our state," emphasized van der Bellen during the meeting.

new finance minister and his challenges

Gunter Mayr, now finance minister, brings over 20 years of experience in financial management and enters into a challenging term. In his first statement after the commissioning, he pointed out the significant responsibility associated with this role. He said: "I am aware of the great responsibility that goes hand in hand with the office of finance minister." This responsibility becomes particularly clear in view of the current economic uncertainties, such as the stagnant economic situation and the tax challenges, which result from the climate crisis and the geopolitical changes, including the recent choice of the American president.

The nomination of Mayr had become necessary because his predecessor Magnus Brunner will play his new role as EU Commissioner for Internal Security and Migration in Brussels. Brunner officially said goodbye to his office and thanked for the collaboration. Mayr, who worked as a section leader in the Ministry of Finance and also teaches as a professor of financial law at the University of Vienna, will now focus on cleaning up the tense budget situation in Austria, while at the same time he is concerned with the challenges of the current economic situation, as The Krone