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Eu Launches Excessive Deficit Procedure Against Austria • Us postpone...

Summary by Die Presse
Good morning, July 8, 2025. These things you should know today to start the day.

6 Articles

Right

It has been known for a long time, but now it really is time: the EU deficit procedure against Austria is starting. EU finance ministers want to decide this today in Brussels. The Alpine Republic now urgently needs to reduce debt. The adoption of the Commission's recommendation for the deficit procedure is only a formality. So far, no such recommendation has been rejected by the ministers. The government has already made preparations: "We have a…

·Vienna, Austria
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Lean Left

At its meeting in Brussels on Tuesday, the EU Finance Ministers want to decide on the opening of an EU deficit procedure against Austria. The Council thus follows the recommendation of the European Commission. Markus Marterbauer (SPÖ)

·Vienna, Austria
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Lean Right

Good morning, July 8, 2025. These things you should know today to start the day.

·Vienna, Austria
Read Full Article

EU finance ministers are monitoring Austria. Finance Minister Marterbauer is not afraid of the process. He also makes it clear: "Everyone will notice the renovation.

On Tuesday, the Council of EU Ministers responsible for Economic and Financial Affairs gave the green light for the launch of an EDP against Austria. Finance Minister Markus Marterbauer (SPÖ) stressed that the government had already launched important measures for budget consolidation.

·Vienna, Austria
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The EU Council is today opening the excessive deficit procedure against Austria. According to Finance Minister Markus Marterbauer, one is "on a very good path".

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Die Presse broke the news in Vienna, Austria on Tuesday, July 8, 2025.
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