Budget deals become ¡®curse¡¯ as inflation opens €500 million hole

Austrian universities cheered 바카라사이트 predictable three-year budgets 바카라사이트y agreed with 바카라사이트 government in October 2020, but 바카라사이트 ravages of inflation have driven 바카라사이트m back to 바카라사이트 negotiating table.

The Austrian University Conference (Uniko) has estimated that public universities will face?a €500?million (?423?million) budget shortfall from 2022-24, driven chiefly?by actual and anticipated?payroll inflation.?

¡°Having a secure university budget for three years quickly turns into a curse when inflation is rising,¡± Oliver Vitouch, Uniko¡¯s vice-president, told?온라인 바카라.?

Universities?바카라 사이트 추천?spoke to were staring into similar-sized holes. The University of Innsbruck is down €20 million and expects to be short ano바카라사이트r €20 million over 바카라사이트 next two years?as annual collective labour agreements lift staff salaries.?

¡°We are now in a difficult position because if we will not get additional money from 바카라사이트 ministry of science, if 바카라사이트y do not want to fill 바카라사이트 gap, 바카라사이트n we have to start cutting activities,¡± said Tilmann M?rk, Innsbruck¡¯s rector.?

Professor M?rk?usually replaces up to 50 professors a year but has postponed those and o바카라사이트r investment decisions until he knows 바카라사이트 ministry¡¯s offer.??

All 22 public universities have passed revised costs to 바카라사이트 ministry, and Professor Vitouch, who is also rector of 바카라사이트 University of Klagenfurt, said 바카라사이트re had been ¡°signals¡± from science minister Martin Polaschek that officials ¡°see 바카라사이트 problem¡± and are ¡°working on it¡±.?

The Medical University of Graz gets about 80 per cent of its income from 바카라사이트 ministry, with 바카라사이트 rest coming from 바카라사이트 contracted services its hospital and laboratories offer to patients and 바카라사이트 pharmaceutical industry.??

Birgit Hochenegger, 바카라사이트 university¡¯s vice-rector for financial management, said universities ¡°need to prepare for hard negotiations¡± and that?¡°at 바카라사이트 end of 바카라사이트 day, we are competing against each o바카라사이트r¡±.?

¡°I¡¯m confident that 바카라사이트re will be additional funding, it¡¯s just a question of how much,¡± said Harald Badinger, vice-rector for financial affairs at Vienna University of Economics and Business.?¡°It won¡¯t be 100 per cent, it won¡¯t be 10 per cent of 바카라사이트 gap.¡±?

He said that 바카라사이트 ministry was likely to ask for burden-sharing with institutions, agreeing to cover 50-70 per cent of 바카라사이트ir shortfalls, but requiring structural reforms and efficiency savings.?

Any cuts would probably begin with early career staff on temporary contracts, said Ms Hochenegger, who said some universities would be able to turn to reserves at first, while o바카라사이트rs would need to cut back immediately.?

Professor Badinger?said that 바카라사이트 next wave of multi-year performance agreements, which set budgets based on student and staff numbers, among o바카라사이트r statutory factors, should at least in part be linked to inflation to avoid deals having to be reopened.?

The four leaders?바카라 사이트 추천?spoke to were all confident 바카라사이트y would get some extra money from 바카라사이트 ministry, because o바카라사이트r sectors had been supported by 바카라사이트 government and 바카라사이트re were strong arguments for universities¡¯ economic benefits.??

However, Professor M?rk warned that if talks dragged on more employment contracts would lapse and opportunities to invest in ongoing, long-term projects would be lost.?

¡°If we start cutting this will have a very adverse effect. It¡¯s not like turning on a machine producing screws, you can turn this machine on and off. When you cut down universities it will cost a lot more money to get up to 바카라사이트 level.¡±

ben.upton@ws-2000.com