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The state no longer has any credibility

The latest figures from the Ministry of Finance are alarming: If Austria wants to comply with the European Union’s debt rules, nothing has been possible for more than a month. Between January and July, the federal government has paid off all the debt that would have been allowed for the entire year. Since then, there has been a debt moratorium. But how can this be achieved if costs continue to rise faster than income?

2024-09-13 06:45:30
#state #longer #credibility

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