In the prospect of cuts: there is a threat of a step backwards for Austria's future?

In addition, the fiscal counciling office reports that the savings could come in connection with the automatic valorization of social benefits and tax benefits for electric cars and photovoltaic systems. In order to reduce the debt and avoid an EU deficit procedure, the government is planning higher income from special dividends for state-owned companies. An extension of tobacco tax, gambling tax and digital tax is also intended to open up new sources of income. While Finance Minister Gunter Mayr speaks of a "positive mood" after discussions with the EU Commission, the implementation of the savings plans is affected with many uncertainties, in particular with regard to the expected savings.