EU Drops Action Against Austria After FPÖ-ÖVP Austerity Plan
The decision comes after the FPÖ and the ÖVP unveiled their €6.4 billion cost-cutting budget consolidation plan.
Chancellor Promises Tax Cuts if Re-Elected
Karl Nehammer has unveiled plans to lower the basic tax rate from 20% to 15% and abolish the 48% tax bracket for higher earners.