VIENNA, Nov. 5 (Xinhua) -- The Austrian government's budget deficit for 2024 and 2025 is expected to reach 3.9 percent and 4.1 percent of gross domestic product (GDP) respectively, significantly surpassing the Maastricht criteria of 3 percent, the fiscal council said Tuesday in a press release.
Earlier this year, the council had projected a lower deficit of 3.4 percent of GDP for 2024 and 3.2 percent for 2025, Austrian broadcaster ORF reported.
