Economy

Dispute over prices – Mars also stops deliveries in Germany

The American food producer Mars has meanwhile stopped deliveries to the German supermarket chains Rewe and Edeka and their discounters Penny and Netto due...

Next job offensive – factory manufacturer bursts with energy despite bankruptcy

Giving up? Certainly not! Since the opening of insolvency proceedings at Christof Industries Austria GmbH, everything possible has been done at the...

Germany admits its economy is already in recession

The federal government predicts that the country's GDP will fall by 0.4% in 2023 and inflation will rise to 7%Germany, the largest economy in...

High inflation – Austrians’ buying mood is “catastrophic”

An ongoing study from Kepler University in Linz rated the domestic consumer climate in September as "catastrophic". The buying mood of the Austrians...

Criticism of the budget – SPÖ: “The government throws the money out the window”

Finance Minister Magnus Brunner (ÖVP) presented his 2023 budget to the National Council on Wednesday. While the federal government speaks of a "security...

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