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Tag: Economy in Austria

Private and Corporate Bankruptcies Set to Increase

The number of companies going bankrupt is expected to increase by around 25%, with nearly 4,900 businesses predicted to file for insolvency.

Every Second Person in Austria Buys Secondhand

Sustainability and Saving Books, movies, and clothing are particularly popular secondhand purchases. Additionally, toys and furniture are also favored secondhand items.

KSV1870 Warns of Rising Personal Bankruptcies Due to Overspending

Their latest report highlights that individuals overestimating their financial abilities is the most common cause of these financial failures.

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