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VIENNA Ben Zobrist Cubs Jersey , Oct. 15 (Xinhua) -- The Austrian government on Wednesday formally notified the European Commission (EU) of its budget plans for 2015, with slight structural deficit increases now expected for both the current year and next.


Austrian Chancellor Werner Faymann voiced criticism over the Commission's implementation of a new deficit calculation model that has resulted in the initially-expected deficit increase for 2015 of 0.9 percent being revised upward to 1 percent of gross domestic product (GDP).


Had the Commission stuck to a previous calculation model still used as recently as April of this year, there would have been an improvement in the deficit down to 0.8 percent, he argued.


Faymann said the changes work against a way out of the economic crisis, for which increased room to manoeuvre for investments are needed.


"But when you instead go in the other direction and tighten the calculation models, you cannot make your way out of the crisis Kris Bryant Cubs Jersey ," the Kronen Zeitung newspaper cited him as saying.


Faymann said the country's Minister of Finance Hans Joerg Schelling will now intensify discussions on the issue with the European Commission, adding that Austria cannot hold a budget debate every few months.


Austria's Ministry of Finance said on Wednesday that in addition to the structural deficit, upward revisions have also been made to the deficit calculated by the Maastricht criteria, up for the current year from 2.7 to 2.8 percent of GDP, but with a greater increase expected in 2015 from 1.4 to 1.9 percent of GDP.

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