24hoursworld

Stix advocates reducing government debt

Stix advocates reducing government debt

This year, for the first time since 2012, the cost of interest payments by the federal government will increase in relation to the overall budget, Stix said yesterday, Monday, at the Economic Journalists’ Club in Vienna. We must now find ways to reduce this debt again.

Austria’s debt level is comparatively high at 270.89 billion euros (as of the end of 2022), which could damage the credit rating. This year, the OeBFA is planning to take on debts of 74 billion euros, which is the highest value since the beginning of the Second Republic. Due to the currently higher interest rate environment, Stix was optimistic that Austria would receive these funds.

more from economy

Despite sanctions: Russian gas and oil revenues up by 34 billion euros

Oxfam: Corporations and the super-rich are winners of the crises

Inflation increased to 8.6 percent in 2022

“Wohnschirm” will also cover energy costs in the future

My themes

For your saved topics

found new items.





info By clicking on the icon you add the keyword to your topics.

info
Click on the icon to open your “My Topics” page. They have of 15 tags saved and would have to remove tags.

info By clicking on the icon you remove the keyword from your topics.

Add the theme to your themes.

Source: Nachrichten

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts