Ministry Adjusts Deficit Forecast to 4.1 Percent
- The Ministry of Finance revised its annual deficit forecast to 21.4 billion euros following an analysis of federal and state data.
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Ministry Adjusts Deficit Forecast to 4.1 Percent · WIFO Head Proposes Raising Retirement Age to 67 · Five EU Nations Oppose Joint Debt for New Budget
WIFO Head Proposes Raising Retirement Age to 67
- Gabriel Felbermayr calls for pension and care reforms to ensure fiscal stability as Austria faces a doubling of the elderly population.
Five EU Nations Oppose Joint Debt for New Budget
- Leaders from Austria, Germany, Denmark, Finland, and the Netherlands reject joint debt and call for significant EU budget spending cuts.