ÖVP plans drastic spending cuts
People’s Party (ÖVP) chief Michael Spindelegger has pointed out that his party wants to restore the country’s public budget without tax increases. The foreign minister, who took over when Josef Pröll resigned as ÖVP chief in April 2011, said yesterday (Thurs) his faction found that the state debt could be lowered significantly by austerity measures. […]