Austria Sees 15.8% Drop in Job Vacancies in 2024
According to Statistics Austria, the majority of the vacancies were for full-time positions.
Inflation Rises to 3.3% in January
The main contributors to inflation were the services sector, which increased by 4.7%, and energy, which rose by 3.7%.
Personal Bankruptcies in Austria ‘Mainly Among Men’
As men are more likely to be self-employed than women, their average debt is higher, standing at €138,000.
Austria to Limit Low-THC Cannabis Sales and Impose Tax
Smokable cannabis with low THC levels can now only be sold in tobacconists (Tabak-Trafik shops) and will be subject to a 34% tax.
Deposit on Reusable Glass Bottles Raised to 20 Cents
After more than 40 years, the deposit for reusable glass bottles has been increased today from 9 cents to 20 cents.
Austrian Unions Call for Higher Bank Taxes
The unions are calling for banks to contribute €1 billion a year to the national budget from now until 2029.
More Consumers in Austria Turning to Credit as Borrowing Grows
Young people aged 14 to 29 are the keenest to spend, with 51% planning major purchases over the next 12 months.
Austria Sees Growth in Start-ups, Female Founders Rise
The average age of those starting new businesses is 36.6 years, with seven out of ten companies remaining active five years after their launch.
Austrian Company Mergers and Acquisitions Rise in 2024
The €803 million sale of Cellnex’s Austrian mobile towers to a Franco-German consortium was among the biggest deals of 2024.
Austria Raises Beer Bottle Deposit
The deposit on the classic 0.5-litre beer bottle will rise from 9 cents to 20 cents, effective from 2 February.