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Subsidies for New Investments in Austrian Economy
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The Austrian government has put in place an investment subsidy in order to support the Austrian economy during the Covid-19 crisis. Business investments will be subsidized with up to 14% of the eligible costs.
Federal Minister of Finance Blümel is reacting to the economic decline by providing EUR 1 billion for investment subsidies. / Picture: © Bundeskanzleramt (BKA) / Andy Wenzel
In order to support the Austrian economy in the wake of the Covid-19 crisis, the federal government has designed a new support program in the form of an investment subsidy, which creates an incentive for business investment. …
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