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Category: Economy

Survey: Austrians Expect Economic Recovery No Earlier Than 2028

IMAS survey 2025 shows inflation and living costs dominate concerns in Austria, with many expecting economic recovery only after 2027.

Government Pushes Electricity Tax Cut, Sparks Debate in Parliament

Austria’s parliament debates a planned electricity tax cut for 2026, drawing criticism from the FPÖ and support from Greens and business groups.

Austria Plans Tax-Free Allowance for Working Retirees

Austria plans a €15,000 tax-free allowance to encourage retirees to keep working, replacing a proposed flat tax and starting in 2027.

Austria Plans €540 Million Savings in Public Administration by 2030

Government plans to save €540 million in public administration by 2030, cutting jobs through retirements while investing €108 million in digitalization.

Cobra Unit Faces Staffing Cuts as Police Budget Tightens

Austria cuts staff at its Cobra special forces and DSE units amid budget pressures, raising concerns about response capacity and police readiness.

Vienna Announces Several Fee Increases Across Public Services

Vienna plans significant fee increases including higher dog taxes and administrative charges as the city adjusts to rising costs.

Cemetery Costs In Austria Rise 44% In Past Ten Years

Cemetery and burial fees up 44% in ten years, far above inflation; some Austrian graves now cost triple as families face new surcharges.

Ryanair Pulls More Planes from Vienna over High Austrian Fees

Ryanair cuts two more Vienna planes, citing Austria’s high air taxes and airport fees as rivals Wizz, Level, and easyJet exit the city.

Economy Minister Debates Extending 200-Euro Overtime Tax-Free Limit

Economy Minister Hattmannsdorfer calls to extend Austria’s higher 200-euro monthly tax exemption for overtime pay beyond 2025.

New Bank Transfer Rules Confuse Austrian Customers

Austria’s new bank transfer rules, requiring IBAN-name checks, spark confusion among customers and concerns from charities.

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