VIENNA – Kurz sets conditions for MFF and EU Recovery Fund

Austrian Chancellor Sebastian Kurz, said money from the EU’s long-term budget, as well as the EU Recovery Fund, should flow “into the right areas”, in an interview with German newspaper Frankfurter Allgemeine Zeitung on Sunday (12 July). The two proposals are due to be negotiated during the EU summit in Brussels on Friday.

“If we spend a lot of public money, it should at least go into the right areas“, said Kurz, adding that “conditionality is necessary so that the money is not just used to stuff holes in the budgets.”

While the chancellor said his priorities were supporting the research of digital infrastructures and technologies necessary for climate protection, he said that “grants should not grow beyond measure” despite the ratio between grants and loans being such a major bone of contention.

On the issue of repayment, he said he was in favour of new income sources for the EU, pointing in particular to the planned digital tax and so-called “carbon border adjustment” taxes.

(Philipp Grüll |

Subscribe to our newsletters