Read the latest Austrian economy headlines and analysis from FriedlNews
Page 371/371

Austrian Economic Headlines and Analysis

National Council pro "Euro security shield"

Social Democrats SPÖ, People Party ÖVP and Green Party members Van der Bellen and Moser vote pro coalition while the freedom party rejects the referendum.

May 19, 2010

Less mergers and acquisitions (M&A) in Austria

247 mergers and acquisitions in 2009, value of €11b, two-thirds were cross-border.

May 18, 2010

Inflation at 2 per cent in April

Austria’s inflation rate remains constant at 2 per cent in April compared to March. Without driving price developments of petroleum products (+23 per cent), inflation rate would register 1,1 per cent according to “Statistik Austria”.

May 18, 2010

Transaction tax is favourable to bank tax according to WIFO

According to WIFO (Institute of economic research Austria) a financial transaction tax (TT) is favourable to a bank tax (BT) on multiple grounds.

May 17, 2010

Construction costs further rising

Construction costs for residential buildings and housing estates significantly increased in April. The index portrays a 4.5 per cent increase compared to last year’s value and a 1.1 per cent increase to the value in March.

May 17, 2010