Opposition Not Convinced: „Debt Brake“ Fails

People ♦ Published: December 5, 2011; 17:26 ♦ (Vindobona)

The Austrian government´s plans to introduce a “debt brake” in the constitution has failed. The three opposition parties are against the idea.

Opposition Not Convinced: „Debt Brake“ Fails / Picture: © Vindobona.org

The three opposition parties announced to vote against the “debt brake”. FPÖ and the Green Party talked about a “political placebo” and “euphemisms”. As a result, SPÖ and ÖVP pronounced to vote for a simple act, which only requires a majority. A constitution act would have required a two-thirds majority.

For the head of FPÖ, Heinz-Christian Strache, the “debt…

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