Vienna Insurance Group Buys Nürnberger For €1.38 Billion
Vienna Insurance Group acquires German insurer Nürnberger for up to €1.38B, its largest deal ever, expanding into Germany’s market.
Vienna Plans €2 Billion Savings To Cut 2026 Budget Deficit
Vienna plans €2B in savings for 2026 to cut its deficit to €2.65B, with fee hikes and reforms but no cuts to free kindergartens or schools.
Wien Energie Raises District Heating Prices For 2025/26
Wien Energie will raise district heating prices for 2025/26 by about €12 a month, citing higher gas, labor, and construction costs.
Disability Mobility Subsidy Cut to €335 in Austria
Austria will halve the disability mobility allowance to €335 in 2025, citing budget cuts. Critics warn people with disabilities rely on it.
Austria Inflation Jumps To 4.1 Percent In August 2025
Austria’s inflation rose to 4.1% in August 2024, driven by food, energy, and rent, the highest rate since March, Statistics Austria reports.
Government Limits Pension Inflation Hike To €2,500 Level
Austria will fully adjust pensions only up to €2,500. Higher pensions get a flat €67.50 monthly increase, sparking criticism from seniors.
Wizz Air To Shut Down Vienna Base By March 2026
Hungarian low-cost airline Wizz Air is giving up its base in Vienna. After a “strategic review,” the company announced on Wednesday that the base will be closed in two phases. On October 26, 2025, two aircraft will be withdrawn from Vienna and the routes to Bilbao and London-Gatwick will be discontinued; the remaining three jets […]
Statistics Austria Calls Food Price Database “Ambitious”
Austria plans food price database to fight inflation, but Statistics Austria warns data is lacking and budget challenges loom.
Austrian Government Agrees on €1B Plan to Fight Inflation
Austria’s coalition unveils a €1B stimulus with investment perks, aid for energy firms, broadband funding, and anti-inflation steps.
Report: Austria Lags in Commercializing Research
A new report finds Austria excels in R&D spending but fails to create startups, citing a major venture capital and commercialization gap.