Consumers in Austria to Spend Less on Christmas Gifts
Most shoppers plan to spend between €100 and €499 for Christmas gifts, with popular presents including vouchers, toys and shared experiences.
ÖNB Warns of Rising Commercial Property Risks
From the middle of next year, banks will need to keep more capital on hand if they have loans in this area, the OeNB said.
Empty Shops Becoming More Common Across Austrian Cities
Industry experts warn that these vacancies are being driven by shifts in consumer behaviour and rising rents.
Public Service Union Protests Government’s Wage Talk Refusal
Public sector representatives and staff councils have been asked to hold workplace meetings starting the week of November 18 to discuss the situation and potential actions.
Austria’s Economy to Grow Slower Than Eurozone Until 2029
In light of weak economic growth and a worsening budget balance, Wifo Director Gabriel Felbermayr stressed the urgent need for action
Austrians Spend Record Amount on Dining Out
The average Austrian, from newborns to the elderly, has an annual disposable income of €27,000, with about €4,990 (or 18%) allocated to food
Half of Austrian Companies Consider Relocating
According to a recent survey, one in two companies is now considering relocating at least part of its operations abroad.
Austrian Firms Invest €404M in Worker Safety
This marks the first time the €400 million threshold has been surpassed, with sales of safety equipment having grown steadily since 2017.
€1,000 Monthly Bonus for Full-Time Doctors in Lower Austria
This initiative, announced Tuesday, aims to make full-time positions more appealing and to increase doctor availability in the region’s hospitals.
Austrian Gaming Industry Grows 71% in Six Years
The sector generated a total revenue of €188.7 million, with 85% of this income coming from international markets.