{
Georg Knill

People

}
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001122334455554433221100

austerity measures threaten jobs and economic stability in austrian government plan

The Austrian government, led by Chancellor Herbert Kickl, is implementing a €6.3 billion austerity package that disproportionately affects the underprivileged through new mass taxes and cuts to subsidies, risking job losses and economic stagnation. Business leaders are alarmed, warning that such measures could lead to significant job losses in key industries, while the banking sector exerts influence over government policies, prioritizing their interests over those of ordinary citizens. This coalition of right-wing extremism and capital threatens to undermine both economic stability and climate goals.
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Euro Raiffeisen-Osteuropa-Rent AUT Herbert Kickl Stefan Pierer Sigi Wolf Karl Ochsner Clemens Niedrist Georg Knill Karl Nehammer Gernot Blümel Magnus Brunner Harald Mahrer Show more
Politics & Governance, Blog Post
10:10 22.01.2025
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