The bad news was officially – diepresse.com
The finance minister reported a 4.5 percent deficit forecast to Brussels. Against this background, the almost forgotten question now arises whether Austria leaves hundreds of million euros from the EU development plan.
The next chapter of the domestic deficit misery is written. When it became known that the deficit was much higher than forecast in 2024, the desired avoidance of a EU-Deficit procedure already declared impossibility everywhere. The procedure that comes into play with a blasting of the Maastricht limit of three percent deficit in relation to economic output is « inevitable because the numbers should also be bad in 2025, » said WiFo boss Gabriel Felbermayr. The fiscal council took this a little later: it recently estimated the amount of this year’s deficit to 4.4 percent of the BIP. Now the government followed. And it estimates the situation just as cloudy.
« /> GK/the press
The Ministry of Finance expects that there will be a deficit of 4.5 percent of the GDP this year. This assumption was sent to the statistics Austria on Thursday, which in turn hands over the figures to the responsible EU positions. Where the decision is ultimately made as to whether Austria belongs to the deficit in the deficit procedures. For finance minister Markus Marterbauer (SPÖ) this is completely clear, although it is known that he does not see a big problem in it: As the ministry explains in a written statement, an EU deficit procedure can now be assumed. In terms of debt rate, the government comes to the same result as the fiscal council, you expect 84.7 percent. The planned savings package has already been taken into account in the forecast, according to the coalition it should not be expanded.
