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Category: Economy

Parliament Passes Budget Bill Raising Pensioners’ Health Contributions

Austrian parliament approves budget measures raising pensioners’ health contributions and federal fees amid criticism over social fairness.

ICCA: Vienna Hosts Most Congresses Worldwide

Vienna hosted 154 congresses in 2024—more than any other city—boosting tourism and generating €1.32 billion in economic impact, ICCA data show.

Study: 94% Want Financial Independence, Only 50% Can

94 % of Austrians value financial independence, but only 50 % achieve it; study links dependence to gaps in financial literacy and highlights gender disparities.

EU Forecast: Only Austria’s Economy Will Shrink in 2025

Austria is the only EU country with a predicted economic decline in 2025. High inflation, rising deficit, and low growth darken economic outlook.

Survey: Majority of Austrians Want Tip Taxes Abolished

A new survey shows that most Austrians tip regularly—especially in hospitality and services—but over 80% want taxes on tips abolished.

Start-up Investments Fall to Lowest Level Since 2020

Austria’s start-ups face funding challenges as investments fall for a third year. Despite this, female founder rates and deep-tech ventures are rising.

Metal Industry Faces Third Year of Recession

Austria’s metal tech industry faces a third year of recession, with falling production and job cuts.

Austrian Analysts: Gold Price Could Hit $8,900 by 2030

Gold experts forecast price surge to $4,800–$8,900 by 2030 amid inflation and geopolitical shifts.

US-China Trade Pause Boosts Austrian Exports by 1.4%

Austrian exports to the US are expected to rise by 1.4% amid a temporary US-China tariff pause, offering slight relief to Austria’s economy.

Austria to Cut Budget Deficit and Raise Climate Ticket Prices

Austria plans to reduce its budget deficit to 4.5% in 2025 and exit the EU deficit procedure by 2028.

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