Austria Maintains AA+ Credit Rating Despite Rising Debt
This means that Austria continues to hold the second-best rating, the Ministry of Finance announced on Saturday.
Citizens’ Groups Reject Tirol’s €500 Million ‘Fernpass Project’
Criticism was also raised over the 7.5-ton truck traffic limit on the Fernpass road, with exceptions rendering it ineffective.
18% of Austrian Municipalities Lack Local Grocery Stores
The study highlights a shift in the long-standing trend, as the number of municipalities without local grocery stores had increased by over 6% between 2011 and 2021.
Brewery Workers Secure 3.9% Pay Increase
The new collective agreement will take effect on November 1 and will be valid for one year.
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.
Over 92,000 People Claim Craftsperson Bonus
The average refund is around €800, with the most common applications being for carpentry, painting, and gas and plumbing work.
Austrian Household Energy Prices ‘Continue to Fall’
Over the past year, household energy prices have fallen by 11.5%, easing overall inflation, with the steepest reductions in heating oil and fuels.
September Floods Cause €1.3 Billion in Damages
Researchers said individuals and businesses were affected, but timely investments in flood defences prevented worse losses.
Union Calls for Pay Rise in Trade and Railways
Specific wage demands will be announced at the start of the negotiations, but this autumn’s focus is on industries like trade and railways.
Apprenticeships on the Rise in Vienna as Female Numbers Grow
Around 3,400 companies in Vienna now offer apprenticeship, with the city council training about 600 apprentices in over 20 professions.
