The current (or outgoing!) Austrian government had an ambitious reform programme but also suffered some significant failures during its 31 months in office. At the centre of its programme when it took office in February 2000 was a plan to stop increasing the national debt and to achieve a zero-deficit budget.
Finance Minister Karl-Heinz Grasser, one of the ministers who resigned last Sunday night, achieved this goal in 2001, a year ahead of schedule. But this year there is no chance of a repeat...
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