Budget Statement: Do What Is Necessary

Companies ♦ Published: March 20, 2020; 14:45 ♦ (Vindobona)

Finance Minister Blümel: "No one knows how long this crisis will last. No one knows what effects it will have. But we do know that we will do everything we can to maintain the health of Austrians, to secure jobs and to carry the location through the crisis. Whatever the cost."

"Exceptional situations require exceptional solutions. This is a budget of the crisis and therefore a snapshot", said Finance Minister Gernot Blümel during today's budget statement in the National Council session. / Picture: © BMF - Federal Ministry of Finance - Bundesministerium für Finanzen / ZA / Flickr Attribution 2.0 Generic (CC BY 2.0)

"Exceptional situations require exceptional solutions. This is a budget of the crisis and therefore a snapshot", said Finance Minister Gernot Blümel during today's budget statement in the National Council session.

As recently as last week, on Monday 9 March, there were forecasts that the coronavirus epidemic had not yet had any impact. …