National Council Discusses Budget

The double budget for 2025/2026 will be debated for the first time in the National Council on Wednesday. The budget draft by Finance Minister Markus Marterbauer (SPÖ) foresees that the deficit should decrease from 4.7 to 4.5 percent of GDP this year. Next year, it should be 4.2 percent. This is to be achieved partly through tax measures, but also through a significant reduction in subsidies, especially in the environmental sector, and fee increases, for example for documents and the e-card.

Budget in Focus

Initial reactions from the FPÖ and the Greens suggest that the draft will not receive much praise from the opposition during the "First Reading." With the session entirely dedicated to this topic, the parliamentary budget process really begins. It then continues with committee work, starting with an expert hearing on June 3. In five further sessions, the individual chapters will be reviewed. From June 16, the deputies will discuss the budget over three days in the plenary session, before the decision is made on June 18.

National Council Session in Live Stream

(APA/Red)

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