Styrian debts explode: over 7 billion euros by 2025!
Styrian debts explode: over 7 billion euros by 2025!
Vienna, Österreich - On April 24, 2025, the Styrian FPÖ-ÖVP state government presented its first budget proposal for 2025. The proposal is presented at a time when the year is almost four months old. This budget proposal stipulates that the country's debt will increase to over 7 billion euros by the end of 2025. According to the information from Vienna.at , the debt level of 6.16 billion euros will increase to almost 7.09 billion euros.
An important factor that contributes to higher new debt is a combination of lower income and increasing expenses, especially in the areas of health, care, social affairs and personnel. The severe weather disasters have also led to unforeseen additional expenses. The new debt for 2024 was almost 723 million euros, which is 285.3 million euros above the originally budgeted value.
criticism and savings measures
The state government has already announced that it will make clearer cuts for 2026. Governor Mario Kunasek has announced that the budget path begins with austerity measures on May 1st. In this context, the motto "more self-responsibility, less full-service country" is pursued. All over 7,800 cost items in the state budget are to be subjected to a audit, known as zero-based budgeting.
Neos club chairman Niko Swatek criticizes the budget design as a "bankrupt declaration" and calls for reforms. The green financial spokesman Lambert Schönleitner sees no innovative renovation course and calls for a stop of expensive road construction projects. SPÖ boss Max Lercher also calls for an overall strategy for the Styrian location and a review of existing systems. The KPÖ warns of a "sharp reduction package", which threatens the population, especially in the cultural sector and in housing subsidies.
a European context
In a wider European context, the financial political stability in the EU is influenced by the stability and growth pact, which provides for reforms in the coming years. These reforms, which were decided on April 29, 2024 by the EU Ministerial Council, aim to simplify the monitoring and enforcement of the rules. The individual circumstances of the Member States are more taken into account, which could be important for countries like Austria that have to fight with an increasing debt. According to DetailsOrt Vienna, Österreich Quellen
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