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.
E-Control Calls for Monthly Electricity Bills as Prices Rise
E-Control argues that monthly billing will make consumers more aware of their spending and encourage them to switch energy providers.
Austrian Retail Sector Hopes for ‘Christmas Miracle’
Austria’s retail sector continues to be heavily affected by the cost of living crisis despite a recent decline in inflation.
Austrian Industry, Labour and Health Groups Call for Reforms
The Federation of Austrian Industry, Chamber of Labour, and League for Child and Youth Health say that Austria needs far-reaching change.
Austrian Electronics Industry Faces Tough Year Ahead
The decline in the export rate, high energy costs, wage negotiations, and political inaction have exacerbated the crisis.
Austrian Rents Up 80% Since 2010
Half of the Austrian population is worried about affording housing in the future, with 62% of those under 30 expressing particular concern.
Austria’s Heavy Industry Faces Longest Demand Crisis in 20 Years
The report noted that while the previous crisis, in the early 2000s, lasted longer, the decline in production at that time was much smaller.
Psychologists Demand Action on Rising Loneliness Crisis
According to a recent study, around 600,000 people in Austria say they feel lonely more than half of the time.
Austrian Airlines Extends Middle East Flight Suspension
The suspension will now continue until August 21 and will affect flights to Tel Aviv, Tehran, Erbil and Amman.
