Published: June 4th, 2025,
Last updated: June 5th, 2025

According to the latest Commission forecasts, Austria will have a government deficit of 4.4% of GDP in 2025. Next year, the deficit is expected to fall only slightly to 4.2%. As this is well above the 3% threshold stipulated in the treaty, the EU Commission recommended on Wednesday that an excessive deficit procedure be initiated against Austria. The decision will be made by the Council.