School salary structure changes planned

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Politics

The government wants to reform teachers’ service law. Social Democratic (SPÖ) Education Minister Claudia Schmied and Finance Minister Maria Fekter of the People’s Party (ÖVP) reportedly agree that teachers should get higher wages in their first years on the job. Such measures would affect the incomes of new teachers but leave the salaries of people […]

Pressurised Vienna coalition guarantees service quality

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Politics

Viennese Social Democratic (SPÖ) Financial Affairs Councillor Renate Brauner has stressed that “immense challenges” are ahead for the city. Brauner told the Kurier today (Fri) that the Viennese SPÖ-Greens coalition would try to avoid a decrease of service quality to citizens despite the need to save one billion Euros in the coming five years. Brauner […]

Civil servants are angered, Graz mayor warns

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Politics

Graz Mayor Siegfried Nagl has said he understands the “anger” of Styrian public servants. Civil servants working for the province of Styria and its capital Graz were informed their salaries would not rise next year despite agreement on federal political level that wages should be increased by 2.95 per cent. Social Democratic (SPÖ) Minister for […]

Austrians save more money than EU average

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Finance

Austrians save more than the European average, new figures show.Federal statistics agency Statistik Austria said yesterday (Weds) Austrians put eleven per cent of their incomes into saving accounts last year – while the average European Union (EU) rate was 5.5 per cent. And 8.3 per cent of incomes in the Eurozone – the 16 European […]