Budget 2025: Investments in education and care despite debt burden!

Budget 2025: Investments in education and care despite debt burden!

Kärnten, Österreich - On July 18, 2025, decisive details on the account of 2024 were published, which has deposits of 3.4 billion euros and payments of 3.66 billion euros. The debt is stable below 15 percent of gross domestic product (GDP). These positive numbers reflect that around 70 percent of today's debt comes from 2002 to 2012, which indicates long -term stability. According to click Carinthia burdened high interest loads and already adjusted contaminated sites, such as pre-financing in road construction, the current financial structures.

public deficits in the European context

With regard to the rules for public deficits in the European Union, Member States are obliged to avoid excessive deficits. This is done in the context of the stability and growth pact, which limits the public deficit to a maximum of 3 % of GDP. If this limit is exceeded, a procedural procedure can be initiated that is connected to fines. Between 2023 and 2024, such as Germany, some EU countries were able to increase their deficit rate from -2.5 % to -2.8 %, while other countries such as Romania (-9.3 % of GDP) and Poland (-6.6 % of GDP) clearly exceeded the 3 % limit, such as destatis reported.

In 2024, public debt on EU average rose to 81 % of GDP-an increase compared to 80.8 % in 2023. Germany had a stable debt at 62.5 %, while Estonia recorded the lowest debt with only 23.6 %. In contrast, there are countries such as Greece (153.6 %) and Italy (135.3 %) that have the highest debt levels within the EU.

reforms and fiscal stability

The stability and growth pact has been reformed in the past to guarantee economic and financial political stability within the euro zone. The last comprehensive reform took place in 2024, the main goal of reducing high debt stands and promoting strategic investments. In spring 2025, the Commission proposed the activation of the alternative clause, which should enable the increase in defense expenditure without violating the deficit limits. This measure pursued the goal of creating financial scope that had previously been temporarily suspended during the Covid 19 pandemic. Details on these regulations can be found on the website of the Federal Ministry of Economics .

This makes the current economic situation of crucial importance both at national and European level. The adaptation of the fiscal rules and the associated financial strategies are essential to meet the challenges in the future. However, the effectiveness of these new regulations in the practical implementation remains.