Month: June 2025
Budgethearing: Statement by EcoAustria Director Monika Köppl-Turyna for NEOS
The double budget provides for savings of 6.4 and 8.7 billion euros respectively. Despite these measures, the budget deficit remains high at 4.5 and 4.2 percent of GDP. Without consolidation, it would even be 5.8 percent. However, the slight improvement in the Maastricht balance next year is not due to the federal government, but to social security and the provinces and municipalities
Policy Note 59: Reconstruction in Ukraine – challenges and potential for Austrian companies
Since the start of the Russian war of aggression in February 2022, Ukraine’s economic output has plummeted. According to international estimates, real GDP had fallen to around 77% of its pre-war level by the end of 2024. In addition, large parts of the infrastructure, industrial facilities and residential buildings were destroyed. The current reconstruction requirement … Continued