A rain of billions for states and municipalities thanks to generous financial equalization plus a 20 billion hole in the budget: the next government is not to be envied.
What is the difference between the EU states and the Austrian states? To put it bluntly, it’s very simple: EU countries have to collect their own taxes and are held accountable in Brussels for their expenditure for not meeting the Maastricht criteria, and are theoretically subject to fines in the event of major budget errors. Austrian states do not have to deal with taxpayers, they receive the money from the federal government and must adhere to some of the recommendations. If they do not do this, the Minister of Finance can give them a warning. It is not settled whether he expresses his outrage personally, through a medium or in a plastic, sorry: paper bag. It just doesn’t matter.
Source: Krone
I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.
