Austrians brace for harsh health reform

Categories
Politics

The People’s Party (ÖVP) wants to drastically reduce Austria’s health sector spending. ÖVP whip Karlheinz Kopf said yesterday (Thurs) he was currently trying to convince the Social Democrats’ (SPÖ) debt brake negotiators that there was a savings potential of 1.8 billion Euros until 2017. SPÖ Health Minister Alois Stöger remained tight-lipped regarding details of the […]

Austrian jobless rate lowest in EU

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Business

Austria remains Europe’s model pupil as far as unemployment rates are regarded. The country, which joined the European Union (EU) in 1995, had a jobless rate of 4.1 per cent in October, according to research by Eurostat. The agency carries out research for the European Commission (EC). Eurostat said today (Weds) Luxembourg registered the second-lowest […]

Milk and coffee more costly

Categories
Business

Some of the most popular foodstuffs became significantly more expensive last month. Statistik Austria said yesterday (Weds) that dairy products became seven per cent more expensive from October 2010 to the same month of this year. Statisticians also consider eggs in this price group. The price of bread and meat rose by four per cent. […]

WKO boss wants price freeze

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Business

Federal Economy Chamber (WKO) President Christoph Leitl has called on the state and Austria’s nine provinces to abstain from raising fees in 2012. Leitl told the Kurier today (Weds) cities and communities should not introduce higher prices for services such as water disposal and the provision of gas. The WKO chief argued yesterday’s metal industry […]

Metal industry braced for strike

Categories
Business

Austria’s 170,000 metal workers are ready to down tools and take to the streets. Labour union official said they would hold summits at the beginning of next week and may organise demonstrations. They made clear that strikes were another possible measure. The announcements come after staff’s chief negotiator Rainer Wimmer upset employers’ representative Christoph Hinteregger […]

Number of Post Partners soars

Categories
Business

There are more than 1,200 so-called Post Partners in Austria, federal postal services provider Post AG announced today (Fri). The company has closed hundreds of regular post offices in the past years to save costs. Laws demand that the firm provides a comprehensive service to people everywhere in Austria. This is why Post AG agreed […]

Diesel car sales up sharply

Categories
Business

The number of diesel-powered cars is on the rise in Austria despite a sharp increase in fuel prices.One litre of diesel costs around as much as the same amount of regular petrol at service stations in Austria at the moment. Some petrol stations even charge a few Eurocents more for diesel which used to be […]

Tyres to become more expensive

Categories
Business

The price of car tyres is set to soar in the near future, experts warned today (Fri).Business newspapers cite industry representatives and market analysts as saying that the rising price for rubber and other materials will fuel a jump in consumer prices. Experts claimed that the recovering economy and an increase in car sales will […]

Immense price hikes registered

Categories
Business

Life keeps getting more expensive in Austria, figures presented today (Weds) show.Inflation rose by three per cent in February compared to the same month in 2010. This is the highest increase since October 2008 when the global economic downturn broke out. The price level soared by 3.1 per cent that month compared to October 2007.Last […]

Car petrol prices approach all-time peak

Categories
Business

Car fuel costs nearly 10 per cent more than at the beginning of the year, a motorists association has claimed.Car club ÖAMTC announced today (Thurs) that one litre of car petrol cost up to 9.5 per cent more at the moment than it did in early January. The organisation pointed out that the recently introduced […]