Austria is embroiled in a heated debate over a proposed tax on bank profits, with the FPÖ pushing for the measure during coalition talks with the ÖVP.

Proponents argue that banks, seen as "crisis winners" due to record profits from rising interest rates, should contribute to closing the budget deficit.

Critics, including economic experts, warn that such a tax could weaken banks, reduce credit availability, and deter investment in Austria.

Historically, Austria has implemented temporary taxes on banks and wealthy individuals, but these often became permanent.

The ÖVP appears cautious, with no official confirmation of the FPÖ's demand, though tensions between the parties are rising.

The outcome of this debate could significantly impact Austria's financial and political landscape.