Economy Archives - Page 7 of 32

Schumann Seeks Fair, Needs-Based Social Aid Reform

Needs-based social aid reform with in-kind benefits, uniform standards, labor integration, and no blanket caps.

Minister Pushes to Restore Tax-Free Holiday Pay

Economics Minister Hattmannsdorfer proposes amending the Income Tax Act to make holiday work pay tax-exempt again for hospitality and care workers.

Austria Extends €2,300 E-Motorcycle Subsidies Despite Budget Cuts

Austria extends electric motorcycle subsidies up to €2,300 (L1e & L3e) with a €1.5 M fund, aiming to replace short-trip combustion scooters.

Austria vs. Europe: How Much Can You Buy With 1 EUR

For one euro, you can buy more in some holiday countries than in Austria. This is especially true this year for Hungary, Portugal, and Spain, according to Bank Austria’s annual “holiday euro” comparison. But in popular destinations such as Greece, Slovenia, Croatia, and Italy, Austrians can also afford more with the same money. It is […]

Austria Introduces Partial Pension

Austria’s partial-pension law lets workers draw up to 75% of accrued pension while working part-time and limits early retirement to three years.

IMD Report: Austria Ranks 26th for Competitiveness

Austria ranks 26th of 69 in IMD’s 2025 Competitiveness Report—strong in infrastructure but weak in economic development and government efficiency.

WKÖ Warns of 10–13% Toll Hike in 2026

Austria’s transport industry battles falling demand and 27.5 % cost surge; WKÖ warns of a 10–13 % toll increase in 2026 and urges L17 truck-license reform.