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Category: Economy

Survey: Majority of Austrians Want Tip Taxes Abolished

A new survey shows that most Austrians tip regularly—especially in hospitality and services—but over 80% want taxes on tips abolished.

Start-up Investments Fall to Lowest Level Since 2020

Austria’s start-ups face funding challenges as investments fall for a third year. Despite this, female founder rates and deep-tech ventures are rising.

Metal Industry Faces Third Year of Recession

Austria’s metal tech industry faces a third year of recession, with falling production and job cuts.

Austrian Analysts: Gold Price Could Hit $8,900 by 2030

Gold experts forecast price surge to $4,800–$8,900 by 2030 amid inflation and geopolitical shifts.

US-China Trade Pause Boosts Austrian Exports by 1.4%

Austrian exports to the US are expected to rise by 1.4% amid a temporary US-China tariff pause, offering slight relief to Austria’s economy.

Austria to Cut Budget Deficit and Raise Climate Ticket Prices

Austria plans to reduce its budget deficit to 4.5% in 2025 and exit the EU deficit procedure by 2028.

Family and Child Benefits Frozen Until 2027

Austria is freezing family allowance and childcare benefits until 2027, saving over €300 million.

Austria’s Federal Bonds Attract €4 Billion in One Year

Austria’s federal bonds have attracted €4 billion in investments and 110,000 accounts, offering secure returns of up to 2.75% with no fees.

Government Plans Pension Reform: 63 Is New Early Retirement Age

Austria plans major pension reforms in 2026, including raising the corridor retirement age to 63 and introducing a partial pension.

Austria’s Unemployment Rises to 7.3% with 392,600 Job Seekers

Austria’s unemployment rose 6.7% in April, with long-term and youth joblessness increasing sharply.

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Legal

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Gefördert durch die
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2023 The International, All Rights Reserved.