Survey: Austrians and Germans Still Prefer Cash
Austrians and Germans remain loyal to cash, with 73% and 69% respectively using it most frequently, while digital payment methods gain popularity across Europe.
New Business Relief Package to Cut Taxes And Reduce Bureaucracy
The Austrian government announces a new relief package for SMEs, including the abolition of receipt requirements for purchases up to €35.
Economy Minister to Abolish Receipts Under 35 Euros
No specific date for the abolition was mentioned in the government’s program.
Austrian E-Car Owners to Pay Up to €2,000 Annually
Owners of electric cars will face additional costs of under 500 euros per year.
Austria’s Foreign Trade Declines in 2024
Despite the decline, Austria reported a trade surplus of 1.74 billion euros.
Austrian Energy Prices Climb 12.8% in January 2025
Compared to January 2024, households are now paying around 35.5% more for electricity.
Austrian Real Estate Transactions Fall by 0.7%, Vienna Up 16%
The transaction volume for property purchases in 2024 decreased by 0.7% to 24.1 billion euros.
New Austrian Economy Minister Announces Key Reform
Austrian Economy Minister Hattmannsdorfer vows to stop industrial relocation and boost the economy with faster measures, including tax-free employee bonuses.
Austrian Post to Raise Postal Rates Starting in May
Starting in May, the price for the smallest letter format will increase from €0.95 to €1, and next-business-day delivery will cost an additional 30 cents for all formats.
Austria’s Service Industry Reacts to New Charges on Tips
“Tips must remain exempt from taxes and contributions,” demanded Mario Pulker, head of the WKÖ Gastronomy Department.