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Brief analysis 21: Sustainability of public finances should come back into focus after the crisis

By Veronika Dellmour

In a recent brief analysis, EcoAustria looked at the effects of the interest rate turnaround on public finances. Although the central banks’ increase in interest rates is intended to counteract the inflationary trend, it also worsens the financing conditions for the public sector. In addition, we will also face increased budgetary burdens in the future in connection with the ageing of society.