One Billion for the Economy? How Chancellor Stocker Calculates the Stimulus Package
7 Articles
7 Articles
After the political summer break, Chancellor Christian Stocker (ÖVP) wants to signal the drive for action. However, economic researchers do not expect a real turnaround. Due to the tense budget situation, large jumps have not been made. However, even if there are no measurable effects in the short term, Philipp Heimberger from the Vienna Institute for International Economic Comparisons (wiiv) sees "first steps" for medium-term improvements.


The coalition wants to fuel the economy, but there is no money for much more than one pusher. The fresh funds are limited to about a quarter of a billion for investment.


Burgenland's governor, Hans Peter Doskozil (SPÖ), criticized the coalition government, including his own party, on Wednesday. Doskozil emphasized that the coalition is "good at snuggling up," but leaves key questions unanswered, he said, during the ORF "Summer Talk." He considers the announced economic stimulus package to be "very meager."
The tripartite coalition wants to help the economy upturn and fight the rising inflation again, but Chancellor Stocker demands renunciation from the elderly and the civil servants.
Investment Incentives, Broadband Expansion and Co: Government Adopts Billion-Dollar Stimulus Package
The Federal Government agreed on a stimulus package of one billion euros on Tuesday. The focus is on investment incentives, energy reductions and broadband expansion. Nationally and at EU level, the "Austrian premium" in the food trade is being dealt with.
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