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01:08
Austria: Austrian far-right FPÖ, conservative ÖVP announce spending cuts to save 6.3 billion euros
Vienna, Austria - January 13, 2025 The far-right Freedom Party (FPÖ) and the conservative Austrian People's Party (ÖVP) on Monday announced a preliminary agreement to cut public spending in Austria by 6.3 billion euros to avoid an excessive deficit procedure by the European Commission. FPÖ leader Herbert Kickl told a press conference that the agreement to clean up the budget had been reached in just three days - coalition negotiations began last week - and did not include new taxes, but measures such as ending "excessive subsidies", ministerial spending and measures against tax evasion. Camera: MAX SLOVENCIK FOOTAGE OF THE AUSTRIAN PARLIAMENT BUILDING AND THE PRESS CONFERENCE HELD BY FPÖ LEADER HERBERT KICKL AND OEPC INTERIM LEADER CHRISTIAN STOCKE
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