The new debt for this year is expected to be 6.4 billion, and for the coming year 8.4 billion. Banks and energy companies are expected to contribute to budget consolidation through taxes. However, the contribution to health insurance for pensioners is also increasing, reports the "Kleine".
Coalition Talks: ÖVP and SPÖ Reach Budget Agreement Coalition Talks: ÖVP and SPÖ Reach Budget Agreement Coalition Talks: ÖVP and SPÖ Reach Budget Agreement
20-02-2025, 08:55
In their coalition talks, ÖVP and SPÖ have reached a budget agreement. Accordingly, an EU deficit procedure will be waived, write "Kleine Zeitung" and "OÖN".
Budget Agreement Apparently Achieved
According to media reports, the further procedure involves party leaders Christian Stocker (ÖVP) and Andreas Babler (SPÖ) informing the Federal President about the current status on Thursday. They also plan to address the public before the weekend.
However, it might take a little longer until the swearing-in. Further talks need to be held with the other opposition parties to explore whether a third partner will be included to secure the weak majority or how cooperation, especially with NEOS and the Greens, could be otherwise structured.
(APA/Red)
This article has been automatically translated, read the original article .
