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.
Cuts to Police Budget Spark Debate Across Austria
A leaked document reveals planned cuts to police perks like climate tickets and recruitment bonuses, sparking debate amid staff shortages and overtime reductions.
One in Four Overtime Hours in Austria Goes Unpaid
Austria’s Chamber of Labor reports that 42.3 million overtime hours went unpaid in 2024, costing the state over €1.3 billion.
Government Loses Control Over ORF Board After Reform
Austria’s parliament passed reforms to limit government power in ORF appointments and amend leadership rules for the National Fund for Holocaust victims.
Vienna Criticized for Highest Hospital Fees for Parents of Sick Kids
Families with sick children face high companion fees in Austrian hospitals, with Vienna charging the most—up to €1,400 for a 14-day stay, KiB warns.
Austria’s Wine Exports Fall by 6% in 2024
Austrian wine exports in 2024 saw a slight decline of 6%, with lower bottled wine exports but growth in tank wine exports.