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“Alarming” signs – Wifo warns: Austria’s economy is shrinking
According to experts from the Economic Research Institute (Wifo), the Austrian economy is transitioning from stagnation to contraction. The service sectors, construction and...
Budget deficits – war is getting more and more expensive: Putin needs to plug holes
Russia's budget deficit has risen sharply due to high spending on the offensive war in Ukraine and Western sanctions. This is mainly due...
Thousands of jobs falter – Austrian industry faces “valley of tears”
Austrian industry must prepare for a recession. Nothing will come of the hoped-for revival this year. This is evident from the latest...
Who all earns – This is how the exorbitant prices for food arise
If the market does not work, politicians must intervene. The Council of Ministers did the same with an anti-inflation package. But there...
Inflation eats away at value – savers will lose 18 billion euros this year
High inflation with relatively low interest rates on savings will again lead to a massive fall in Austrians' real wealth this year - the...
