Survey: Austrian Companies Plan Job Cuts as Economy Worsens
More than half of Austrian CFOs now rate economic uncertainty as high, a rise from 40% earlier this year.
Thousands in Vienna May Have to Repay Energy Bonus
The bonus was open to single-person households with an annual income of up to €40,000 and multi-person households earning up to €100,000.
Unemployment in Austria Rises to 384,000 People in November
The unemployment rate rose by 0.6 percentage points to 7.1%.
New Bottle Deposit System Problematic for Producers
Starting in 2025, the new bottle deposit system for plastic bottles and cans will not only impact retailers and consumers but will also affect producers
350 Retail Workers Protest for Better Wages on Black Friday
Around 350 retail employees gathered on Friday at Schillerplatz near Linz’s shopping street Landstraße for a “disruption action” on Black Friday, demanding a better wage agreement.
Pension Costs to Rise Significantly, Report Shows
Over the next five years, Austria will need to spend nearly seven billion euros more on pensions.
Siemens to Close Vienna Power Supply Plant by 2026
The 178 affected employees will be offered job opportunities within the company.
Austrian Business Location at Risk, WKÖ Warns
This development should be a “dramatic wake-up call” for the EU.
Austria Joins Italian Initiative to Support EU Automotive Industry
Austria will join an Italian initiative to support the European automotive industry.
Austria Faces Productivity Crisis
In its “Productivity Report 2024,” the council calls for a realignment of economic policy.