Peter Buchmüller, head of the Chamber of Commerce in Salzburg, sees the competitive position in the state and also in Austria at risk. In contrast to various considerations about shorter working hours, the 69-year-old is campaigning for more work. About 125,000 fit retirees could help.
An already noticeable drop in demand, for example in retail, rising bankruptcy rates, high energy costs, a weakening industry: when asked about an economic assessment for 2023, Peter Buchmüller came up with numerous points “that posed a major challenge”. The chairman of the Salzburg Chamber of Commerce is sure that they will not be smaller in the new year either.
Source: Krone

I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.