Heidi Reichinnek, the leader of the Left Party’s parliamentary group, accused the federal government of hindering a shift in the economic trend. She slammed the “summer fairy tale” that the chancellor had promised as still unfulfilled and doubtful that it will be realised this year at all.
Reichinnek also said it is no surprise that the economic growth forecast for 2026 has to be lowered. The government has yet to generate meaningful impulses for a real turnaround in the economy. Instead of strengthening the economy with credible targets and investments, the administration is “flooding corporations with tax gifts”.
She therefore urged the government to increase investment in social housing. Such spending would not only benefit the construction sector and create more secure jobs but would also help other industries in need of support, such as the steel industry. With a healthier housing market, people would finally be able to afford rent again.
Reichinnek called for an income‑tax reform that would relieve those with small and medium incomes.
On the economic outlook, the federal government now projects only 1.0 % growth in the current year, a figure lower than what had been assumed in late fall.
