Press information (DE)

of June 6, 2023

Ambitious reduction of budget deficits necessary (DE)

Recommendations 2023

of June 6, 2023

Fiscal Rules Compliance Report 2022 to 2027 (Summary and Main Results)                 

of June 6, 2023

General government gross debt – Austria
General government balance – Austria
EU fiscal rules applied for Austria: Maastricht criteria
EU fiscal rules applied for Austria: structural requirements

EU fiscal rules
    EC estimate FISK estimate MoF estimate
  2022 2023 2024 2023 2024 2023 2024
Maastricht deficit of no more than 3% of GDP
MTO of no more than −0.5% of GDP Allgemeine Ausweichklausel
Government expenditure growth
Reduction of debt ratio
Legend: … compliant with fiscal rule and significant deviation; … not compliant with fiscal rule,  …not compliant with fiscal rule and significant deviation
EC … European Commission; FISK … Fiscal Advisory Council; MoF … Ministry of Finance
Source: Fiscal Advisory Council fiscal forecast (spring 2023).

The Fiscal Advisory Council is an independent body responsible for monitoring the fiscal discipline of government entities in Austria. It consists of 15 members that are mandated to act independently. Its Office is attached to the Oesterreichische Nationalbank (OeNB).

The Fiscal Advisory Council analyzes Austria’s public finances, monitors compliance with national and EU fiscal rules and contributes to the public debate.

Here you can find all press materials published by the Fiscal Advisory Council. You may also subscribe to a newsletter to receive press materials.