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Austrian Budget Targets “Will be Met”
Politics ♦
Published: August 30, 2012; 17:56 ♦ (Vindobona)

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According to Austria´s Finance Minister Maria Fekter, Austria´s budget deficit will be below 3.0% of GDP. “Our domestic fiscal position is very strong now”. she underlines.

Austrian Finance Minister Maria Fekter is optimistic about the government’s ability to meet its budget targets for this year. “The budget calls for new government borrowing of 3.0% of GDP, and that is very realistic at present”, the Finance Minister stated.
Although the Greece haircut and the aid package for the distressed Volksbank Group are drags on the Austrian state…
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