Austria Vows New Stimulus Package After Clumsy Aid Response (1)

Austria’s government is set to finalize more than 14 billion euros ($16 billion) of tax cuts, extra welfare payments and fixes to its rescue fund in a special meeting Monday and Tuesday after mishaps and discontent over its pandemic economic aid program clouded its success fighting the spread of the virus.

The conservative Chancellor Sebastian Kurz and Vice Chancellor Werner Kogler of the environmentalist Greens over the weekend unveiled some of the measures, including accelerated tax cuts for individuals and companies, additional refunds for virus-hit businesses, and a boost to unemployment benefits and an increase in family bonuses.

“Kurz is ...