Measures targeted at the revenue side of the budget can contribute between €10 and €28 billion to the consolidation of public finances in Austria. This total amount could be reached without harming the economy via an increase of excise taxes, an enhanced taxation of wealth and the abolition...

Fiscal sustainability is usually defined as debt sustainability which means that the fiscal stance must eventually permit repayment of the stock of debt. One of the most important threats to fiscal sustainability is the ageing population in industrial countries and its effect on pension and...