"Krone"-NÖ commentary

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"They have failed!" This sentence could be an easy one to make when looking at the budget development in Lower Austria. After all, at least a balanced budget was announced for 2021 back in 2017. But it's not that simple ...

First came corona, then came the economic crisis, Russia's war against Ukraine, the energy crisis and the resulting galloping inflation. At the end of the day, the state government has to dig deeper into its pockets for more than just its most basic expenses: The increased personnel and energy costs alone will add up to 90 million euros. Expenses that cannot be avoided.