Austrians Pay More Than EU Average, Say Retailers
Territorial supply rules let brands charge higher prices in Austria. Retailers and unions push the EU to stop unfair pricing.
Austrians Earn €600M Annually from Selling Second-Hand Items
Austrians earn €600M yearly selling second-hand goods. Gen Y and Z lead trend, but many find online resale tedious.
Canal+ to Refund Activation Fee After Legal Action by AK
Canal+ refunds €29.90 activation fee after AK lawsuit. Customers can now apply for reimbursement online or via mailed notice.
Austria to Step Up Fraud Controls in Face of Deficit Procedure
Finance Minister Marterbauer plans anti-fraud laws, more audits, and hints at a property tax hike amid Austria’s budget overhaul.
Austria Loses 1,500 Bank Branches Since 2005
Austria lost 1,500 bank branches since 2005 as fees rose 62%, with major cuts by Raiffeisen, Sparkasse, and Volksbanken.
Austria Approves Partial Pension Reform
Austria passes partial pension reform to extend working life, cut early retirement, and stabilize the pension system.
OeNB Survey: Security and Savings Key to Digital Euro Adoption
The Austrian National Bank (OeNB) has analyzed public expectations regarding the digital euro based on extensive data, it announced Tuesday afternoon. According to the findings, the top priorities for Austrians are security and financial incentives. A guarantee of full protection in case of loss or theft significantly increases the likelihood of people using the digital […]
Austria’s Retail Sector Shows First Signs of Recovery
Retail sentiment in Austria improves to –6%, but still ranks low in EU comparison, IHaM report shows.
Austria’s Central Bank Installs ATMs to Bridge Rural Cash Gap
Austria’s central bank installs ATMs to serve 330,000 residents without local cash access in rural areas.
ÖBAG Hesitant on Start-Up Funding
ÖBAG considers €500M fund to back growing start-ups, but avoids early-stage risk due to taxpayer concerns.