Restart for Austria: How Blau-Schwarz wants to save the economy!

Restart for Austria: How Blau-Schwarz wants to save the economy!

Österreich, Land - Austria is at a crucial turning point. The new federal government of FPÖ and ÖVP must now tackle the budget problems that the previous government left. The need for action is enormous with the lack of climate protection policy and the waste of state money, such as the climate bonus, which also benefits the rich. According to Austria, it is essential that the coalition implements austerity measures without burdening the most needy. At the same time, promoting the domestic economy is necessary to create positive growth perspectives again.

The current situation in industry is alarming. The businesses are already in a deep recession for the third year in a row. The value creation dropped by 4.5 percent in 2024, and unemployment in the production sector has increased by frightening 17.8 percent, as the Krone . This situation leads to an increase in bankruptcies, including with well -known companies such as KTM, which further increases uncertainty. The industrial association therefore not only demands austerity measures, but also pro -European reforms to mobilize the forces of the economy.

necessary reforms

With the upcoming savings program, one expects the coalition to also reduce taxes and non -wage costs in order to relieve both workers and entrepreneurs. This is crucial to make Austria attractive again. The ongoing years of crisis urgently require an economic fresh start, as is emphasized in Austria's comment. However, it remains to be seen whether the new government will find a way to take responsibility and to offer the necessary support for investments and innovation.