National Council begins budget week | Nachrichten.at



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Finance Minister Gernot Blümel’s (ÖVP) budget project foresees a significant disadvantage due to the pandemic. A 7.1 percent deficit of economic output is expected and even that is still fraught with great uncertainties.

    • Live broadcast: nachricht.at broadcasts the budget debate in the National Council:

Before the budget, the Budget Accompaniment Law is approved, which this year is definitely difficult. Among other things, it contains the pension adjustment for next year with an especially important bonus for low pensions and the new short-time model, with which work can also be reduced by up to zero percent. There are also numerous Corona grants, including for nonprofits, families, and welfare recipients.

  • Video: The budget is negotiated over three days and a decision is made on Thursday night:

Then the debate on the actual budget begins. The chapters dealt with in the first of the three days of debate are the Supreme Corps, Chancellery, Justice, Interior, Exterior and Culture.

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