ÖBAG Hesitant on Start-Up Funding
ÖBAG considers €500M fund to back growing start-ups, but avoids early-stage risk due to taxpayer concerns.
Austria’s Unemployment Rises 7.8% to 364,000 Unemployed
Austria’s unemployment rises to 6.8%; AMS sees recovery only in 2026 as job openings and economic activity decline.
Austria to Inspect 1,300 Companies in 2025
Austria targets wage dumping with 1,300 inspections in 2025; working hours reporting to be mandatory from 2026.
85-Year-Old Dies in Vienna’s Neue Donau Incident
85-year-old dies, three others critically injured in separate Vienna swimming accidents on Sunday.
Vienna Issues Grilling and Fire Ban
Vienna bans grilling and open fires in public areas due to wildfire risk; private BBQs allowed only outside danger zones.
Austria’s National Debt Rises to €412.6B
Austria’s public debt hits €412.6B in Q1, reaching 84.9% of GDP; FPÖ demands debt brake and spending cuts.
Microsoft to Open Three New Data Centers in Lower Austria
Microsoft opens 3 green data centers in Austria, invests €1B to boost AI and local data storage.
Study: Longer Parental Leave Increases Smoking Among Mothers
Longer parental leave linked to increased smoking among mothers, especially without partner support, new study finds.
Germany Pays Kapsch €27M Over Abandoned Maut System
Kapsch receives €27M from Germany after toll project failure; raises EBIT outlook for 2025/26 to €45M.
Austrian SMEs Employ Millions and Drive Economy, Says Minister
Austria’s SMEs create €168B in value, employ 2.5M; new tax breaks and export support announced by Hattmannsdorfer.