Austria's savings package: FPÖ and ÖVP save budget from EU deficit!
Austria's savings package: FPÖ and ÖVP save budget from EU deficit!
important innovations are imminent: In order to avert the impending EU deficit procedure, the FPÖ and ÖVP have put together a radical package of measures that could save up to 24 billion euros in the next few years. As the Today, the negotiations took place in no time to present solutions. The focus is particularly on the deletion of the climate bonus, which would cost around two billion euros a year, as well as the expensive educational leave, which brings around 650 million euros a year. This is intended to save 6.4 billion euros for 2025.
finance minister provides insight
The finance minister Gunter Mayr stated that these savings are necessary to meet the requirements of the EU and to avoid deficit procedures. The EU Commission has asked Austria to consolidate up to 24 billion euros, whereby measures such as the abolition of subsidies and the review of expenses in ministries must be discussed. Mayr described the package of measures as "well prepared" and "fairly coordinated", with the focus on feasibility. The The press was reminiscent that the new government forecast was an annual consolidation requirement of around six billion euros exists.
Despite the drastic cuts, it remains unclear whether the measures in parliament actually find a majority. The finance minister assured that the plans are based on solid numbers and pointed out the need not to lose sight of the interests of agriculture, since the climate bonus remains in a different form for farmers. Mayr also expressed hope that more scope for economic impulses can also be achieved through stretched consolidation in order not to burden the economy excessively.
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| Ort | Österreich |
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