Vienna expects 4.3 billion euros more debt in the next two years – Vienna

2023-10-20 11:04:58

It is “the first double budget for more than two million Viennese,” said City Councilor for Finance Peter Hanke (SPÖ) when presenting the budget estimate for 2024 and 2025. In any case, the financial floodgates are being opened in the significantly growing metropolis: although they are also increasing the income, but new debts totaling 4.3 billion euros are planned for 2024 and 2025. According to Hanke, new debt is 2.04 percent. The total debt level will climb to a forecast 14 billion euros by the end of 2025.

1697800890
#Vienna #expects #billion #euros #debt #years #Vienna

Photo of author

Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

Singer Mika for the 2023 Rugby World Cup Final – “This will close this exceptional 2023 Rugby World Cup in the best possible way”

Devastating Injury: Neymar’s World Cup Dreams Shattered – The Impact of Leaving Barcelona

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.