Sponsored Content
Stability Pact with Federal States Has Never Been Met
Politics ♦
Published: October 14, 2010; 20:42 ♦ (Vindobona)

Sponsored Content
Deficits of the federal states were too high already since 2001, as well as the deficits of the federation. The surplus of the municipalities couldn´t offset them.

Negotiating with the budget for 2011, the SPÖ and ÖVP also had to create a new national stability pact. This first time in 2001 agreed framework should facilitate compliance with the prescribed budget targets at EU level and requires the federal government, states and municipalities to meet certain deficit limits.
A reform is already very urgent, as countries have met the…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
General Government Expenditure by Function (COFOG) 2009: Increases in Social Expenditure (October 13, 2010)
Austrian Statistics - Exports and imports increased more than 12% (October 8, 2010)
Austria exceeds the Maastricht GDP reference value by 0.5% (September 30, 2010)
Public debt an obstacle for companies (July 14, 2010)
The high debt burden of Austria as target for speculators (July 9, 2010)
Austrian federal government - Massive fall in revenue (June 29, 2010)
IMF - Austria to save on expenses (June 29, 2010)
Sponsored Content
Read More
Featured