Government in exam: What's next for the economy?

On Tuesday, the newly formed black-red-pink federal government meets its first work course in the Federal Chancellery, a meeting that focuses on the country's urgent economic situation. From 11 a.m., under the direction of Chancellor Christian Stocker (ÖVP) as well as Vice Chancellor Andreas Babler (SPÖ) and Foreign Minister Beate Meinl-Reisinger (NEOS), solutions to boost the economy will be discussed. The consultations also include the two renowned economic experts Holger Bonin from the Institute for Higher Studies (IHS) and Gabriel Felbermayr from WIFO, who will contribute valuable assessments of the current financial situation. As the Krone , the goal will be to bring the first measures to the Council of Ministers on Wednesday.

An important topic will also be the need for savings for the coming years. Felbermayr emphasized that the federal government needs a clear savings plan for the entire legislative period to ensure budget consolidation. According to his assessments, a double budget for 2025 and 2026 will not be sufficient due to massive savings and an urgently needed economic stimulation. Therefore, short-term economic stimuli are of the highest priority, as in an interview with