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Austria Today

Austrian news in English

Saturday, January 18, 2025

Neos Push for Bold Budget Reforms

Published: 2024-12-14

Neos leader Beate Meinl-Reisinger has expressed dissatisfaction with the progress of Austria's coalition negotiations, citing a lack of bold initiatives.

As the country faces a significant budget deficit, Meinl-Reisinger emphasized the need for decisive reforms, including pension restructuring and reducing labor costs.

She criticized the current approach as overly cautious and called for a more ambitious vision to address economic challenges and safeguard democracy.

The Neos have identified €20 billion in potential savings and advocate for "zero-based budgeting" to scrutinize all expenditures.

Meinl-Reisinger also highlighted the importance of collaboration between federal and local governments to tackle pressing issues like education and integration.