Austrian financial apportion wants to save 2.5 billion euros in 2018

ZURICH (Reuters) – Newly allocated Austrian Finance Minister Hartwig Loeger pronounced he wants to benefaction a total bill for a years 2018 and 2019, with assets of around 2.5 billion euros ($3 billion) subsequent year.

“The constructional necessity will be during around 0.5 percent subsequent year,” Loeger, a former word attention executive, was quoted as observant in an talk with Austrian journal Der Standard.

He pronounced that in sequence to strech a offset bill “at a beginning within a subsequent dual to 3 years”, Austria would have to save around 2.5 billion euros subsequent year.

Earlier this month, Chancellor Sebastian Kurz shaped a new supervision that enclosed a anti-immigration Freedom Party.

Reporting by Silke Koltrowitz; Editing by Alison Williams

You must be logged in to post a comment Login

Widgetized Section

Go to Admin » appearance » Widgets » and move a widget into Advertise Widget Zone