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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

Austrian health insurance sector recorded a small deficit

After last year’s surplus Austria’s 19 health insurance companies are expecting a minor deficit in 2010. According to May’s forecast a €11.8m decline is expected at an overall budget of 14.5 billion euros.

May 17, 2010