Incoming IHS boss says pension age must rise

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The designated chief of the Institute for Advanced Studies (IHS) has called for an increase of the retirement age. Christian Keuschnigg, who is set to succeed Bernhard Felderer as head of the renowned research group next month, said such a measure would not cause an unacceptable amount of pressure on the Austrian social systems. Keuschnigg […]

Vienna jobless rate rises

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Business

Vienna’s unemployment rate has risen significantly.Statistik Austria said today (Tues) 7.6 per cent more people were without a job in the city last month than in February 2010, while all of Austria’s other eight political regions registered declines.The overall Austrian unemployment rate was 4.3 per cent last month, down slightly year on year and compared […]