Let’s Talk Money! How Can Austria Shake Off Its Debts?

Location: WU (Vienna University of Economics and Business) , Library & Learning Center Ceremonial Hall 1 on 12 March 2025 Starting at 18:00 Ending at 19:30 WU matters. WU talks.
Type Lecture / discussion
LanguageGerman
Organizer WU (Vienna University of Economics and Business) Marketing & Communications

Budget consolidation – a balancing act

Austria’s budget deficit is forecast to rise to 4.1 percent in 2025, soaring well above the EU’s three percent Maastricht limit for annual government deficit relative to GDP. This means that Austria’s new government will inherit a massive debt burden, which will make it necessary to save billions of euros in 2025 alone. But how? How much can Austria really save through cuts in government spending? How much additional revenue can be raised from taxes and fees? And are pension reforms inevitable now? These questions will be the focus of our panel discussion with experts including former WU Rector Christoph Badelt, now president of the Austrian Fiscal Advisory Council.

Lecture:

Christoph Badelt, President of the Austrian Fiscal Advisory Council

Discussion:

Christoph Badelt, President of the Austrian Fiscal Advisory Council

Franz Schellhorn, Director of Agenda Austria

Margit Schratzenstaller, Senior Economist, WIFO

Helene Schuberth, Managing Director of the Austrian Trade Union Federation (ÖGB)

Moderated by:

Karin Heitzmann, Head of the Research Institute for the Economics of Inequality, WU Vienna

This event is an in-person event and will take place on campus. There will be no livestream.

Christoph Badelt
The Austrian Fiscal Advisory Council
Franz Schellhorn
Agenda Austria
Margit Schratzenstaller
WIFO
Helene Schuberth
The Austrian Trade Union Federation (ÖGB)
Karin Heitzmann
WU Vienna

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