Consolidation of finances: What will be decided in Vienna today!

Consolidation of finances: What will be decided in Vienna today!

On Monday, April 28, 2025, an important meeting of federal, state and local representatives will take place at the Federal Ministry of Finance. The aim of the meeting is to discuss the next steps to consolidate the national deficit. At a crucial time for fiscal policy, the results will be presented by several senior politicians at 5 p.m.

The participants who will report on the developments include Markus Marterbauer, the Federal Minister of Finance, as well as Barbara Eibinger-Miedl and Sepp Schellhorn, both State Secretaries in the Federal Ministry of Finance and the Federal Ministry for European and International Affairs respectively. Wilfried Haslauer, the state governor of Salzburg and chair of the state governors' conference, as well as Johannes Pressl, president of the Austrian Association of Municipalities, will also be present.

Invitation for media representatives

Media representatives are invited to report, but must present a valid press card. The meeting will take place in the Purple Hall (attic) of the Ministry of Finance at Johannesgasse 5, 1010 Vienna. The focus is on consolidating the budget and financial stability in Austria, which is increasingly required.

In order to overcome the challenges of consolidation, experts are called upon to develop measures that improve the financial situation of municipalities. A book that discusses consolidation measures for municipalities suggests that it is time to balance scarce resources with the increasing desires of residents. It analyzes external pressures on the municipal financial situation and shows concrete measures that lead to the use of consolidation potential.

Practical solutions and training

The measures contained in the book are tried and tested and methodically structured according to task areas. An understandable presentation ensures a logical progression, while comprehensive analyzes of fiscal consolidation help readers take preventive action against difficult fiscal situations. It also offers professional training and an introduction to consolidation techniques that appeal to both full-time and volunteer workers.

The meeting at the Ministry of Finance therefore represents an important step towards a stable financial future for communities and the entire nation. The interdisciplinary approach and the findings from research will make a decisive contribution to finding effective and sustainable solutions.