Leitl: No Alternative to Budget Consolidation

Leitl: No Alternative to Budget Consolidation / Picture: © Wikipedia / Christian Jansky (User:Tschaensky)

“On the credit side there is the aim of budget consolidation, which should be reached by austerity measures and an increase in efficiency. The planned tax hikes particularly at the expense of the economy are unpleasant and burdening. But especially because of the responsibility towards future generations there is no alternative to a path to a balanced state budget,” he…