Carinthia's finances: record deficit or significant incorrect planning?

Carinthia's finances: record deficit or significant incorrect planning?

Carinthia's FPÖ boss Erwin Angerer criticized the statement of the State of Carinthia as inadequate for 2024. In a statement, he stated that the state government of SPÖ and ÖVP would "continue to drive against the wall" the finances and the economic development of the country. Angerer emphasized that Austria was seen as the bottom of the economic development in Europe. Despite a predicted record deficit that has been less, he sees the missing investments and necessary reforms as alarming.

The invoice is revealed that Carinthia's economy is in the third year of the recession, which for many communities results in impending insolvency. Angerer predicts new debts of up to 2 billion euros on the end of the legislative period due to current politics. The Kelag record dividend of around 60 million euros is criticized as a beauty of the result, while it indicates less expenditure in house renovation and housing subsidies due to project shifts.

debt and economic Situation

Current figures show that the debt mountain for the state of Carinthia has grown again to more than four billion euros. This development is documented by the Kleine Zeitung , which also reports on a decline in economic growth by 1.2 percent and an inflation of 2.9 percent. The falling income from earnings shares and the increasing expenditure on health and care also tighten the situation.

in the budget for 2024, in which a minus of 489 million euros was originally estimated, over 200 million euros less could actually be spent. Nevertheless, the financial situation remains tense, and the state government plans a restrictive austerity course to spend one billion euros less by 2028. These measures include the analysis of services and possible merging of government departments.

criticism of the government

Angerer also criticizes that the SPÖ and ÖVP did not use the zero interest rate phase and the booming economy for moving reforms. The ÖVP boss Martin Gruber is questioned by Angerer in his responsibility for the budget problems at the federal level. It also shows that projects such as the renovation of the government building have to be postponed with a budget from 23 million euros to years.

An overview of the status quo of the Carinthian finance and the debt:

The persistent challenges and the impending insolvency of many municipalities in the country signal that there is an urgent need for action. According to ORF Carinthia , supplements are also in progress in order to counter the increasing additional costs due to salary degrees and the decline in the earnings shares. It remains to be seen whether the state government will be able to take the necessary steps to stabilize the financial situation of Carinthia.