Austria against the relaxation of the EU stability pact

Gernot Blümel

The Austrian Prime Minister is against new exceptions to the EU Stability Pact.

(Photo: Reuters)

Berlin Austria’s finance minister Gernot Blümel rejects a weakening of the European Union’s stability pact. “To put it bluntly, it’s like a speed limit in front of school. If this is not done, the solution is ‘more controls and harsher penalties’. And not just lifting the speed limit, ”said the Christian Democrat of the“ Süddeutsche Zeitung ”on Saturday.

At their meeting in Slovenia on Saturday, the EU finance ministers want to discuss whether state investments in climate protection should be treated more generously in the Stability Pact. Blümel was negative. “I become extremely cautious when I see that new exceptions are being called for right at the start of this reform debate.” Because with the Stability Pact “we have unfortunately repeatedly seen that exceptions are called for or used by precisely those who are unwilling or unwilling to do so were able to simply obey the rules ”.