Fekter Pushes for Further Austerity Measures

People ♦ Published: December 19, 2011; 11:36 ♦ (Vindobona)

The Austrian Minister of Finance, Maria Fekter (ÖVP), announced that the planned austerity measures will not be sufficient. The coalition partner SPÖ is upset.

Fekter Pushes for Further Austerity Measures / Picture: © Vindobona.org

The debate over Austria´s austerity measures and the “debt brake” do not come to an end. The government wants to prevent a downgrade by all means. Last week, talks between the government party ÖVP and the largest opposition party FPÖ over the approval to the “debt brake” failed.

Now, regarding the volume of the planned austerity package, Finance Minister Maria Fekter…