Economy

Prepayments more expensive – inflation: Nobody wants to be a price setter

For the first time since 2017, the hospitality sector was the main price driver of annual inflation in September. Statistics Austria found this...

Weaker electricity grid – Austrians paid 2.6 cents more for their electricity

The great attention paid to the energy transition often ignores the way in which sustainable electricity flows from producers to consumers. Investments in...

Trade dispute – US tightens chip restrictions on China

The US has announced a further tightening of restrictions on advanced semiconductor exports to China. “Today's updated regulations will increase the effectiveness of...

The ECB Council meets today – Digital Euro: decide on next steps

The European Central Bank (ECB) will decide on Wednesday what it will do next with the digital euro. However, it is not yet...

Ministry of Finance: – Comparison website for savings interest rates in 2023

The most recently announced platform for comparing savings rates is scheduled to launch in 2023. The tool is currently being developed and is expected...

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