WKÖ Demands Tips No Longer Count as Taxable Income
Chamber chief Harald Mahrer calls for tips to be exempt from taxes and social contributions, citing 88 % public support.
Austria’s Bicycle Sales Drop, E-Bikes and Subsidy Demand Rise
The Austrian bicycle market saw a decline in overall sales, but e-bikes continued to grow in popularity. The VSSÖ and ARGE Bicycle call for reinstating subsidies to support sustainable mobility.
Austria’s Finance Ministry Projects 4.5% GDP Deficit for 2025
Austria’s Finance Ministry predicts a 4.5% GDP deficit for 2025, signaling a likely EU deficit procedure.
Austria to Tighten Controls on Non-European Online Trade
Austria announces stricter controls on non-European online trade to protect domestic businesses and consumers.
Vienna Increases Inspections of Short-Term Rentals
Vienna has tightened regulations on short-term rentals, uncovering illegal hotels and subletting cases, especially involving public housing.
20% Increase in Austrian Company Bankruptcies
Austria is on track for a third consecutive year of record business bankruptcies in 2025, with a 20% increase in insolvencies in Q1.
Austria Hits Record Egg Sales in 2024
Austria’s egg sales reached a record high in 2024, surpassing even the pandemic peak.
How Will the New US Tariffs Affect Austria’s Economy?
US tariffs are expected to reduce Austria’s GDP by 0.23%, with significant impacts on the vehicle and steel industries.
26 Million Bottles and Cans Returned in First Three Months
Officials aim for a 90% return rate by 2027.
Unemployment in Austria Rises, Nearly 400,000 Jobless
Austria’s unemployment rate rose to 7.4% in March, with nearly 400,000 people jobless or in training.