Report on Effective Action to Correct the Excessive Deficit

On 8 July 2025, the ECOFIN Council decided, in accordance with Article 126(6) of the Treaty on the Functioning of the European Union (TFEU), that an excessive deficit existed in Austria and, at the same time, issued recommendations for its correction in accordance with Article 126(7) TFEU. In these recommendations, it set Austria a deadline of 15 October 2025 to take effective action and present the necessary steps to that end. This document is the report on these measures in accordance with Article 3(5) of Regulation (EC) No 1467/97, as amended by Regulation (EU) No 2024/1264.

Article 4(2) of Regulation (EU) No 473/2013 stipulates that draft budgetary plans must be submitted by 15 October each year. These must contain the draft budget for the following year. As part of the 2025/26 double budget, Austria already submitted an overview of its budget planning for these two years on 13 May 2025.

This report contains updated macroeconomic and budgetary data and forecasts to provide an overview of developments since the submission of the Austrian Draft Budgetary Plan 2025 and 2026.

The report on effective action to correct the excessive deficit (PDF, 758 KB)was approved by the Austrian Council of Ministers on October 15, 2025 (English version as an unofficial courtesy translation of the official German version).