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Newsletter: Vienna International News
Austria's National Budget: EUR 22.5 Billion Deficit
The Covid-19 crisis has severely impacted Austria's economy and national budget. The Ministry of Finance has issued its financial results for the year 2020, which shows a deficit of EUR 22.5 billion. Higher expenditures for measures in connection with Covid-19 and a decrease in public levies are the main reasons for the bad results.
Guterres and Van der Bellen Demand Vaccines for Poor Countries
In a telephone conference UN Secretary-General Antonio Guterres and Austria's Federal President Alexander Van der Bellen discussed the ongoing Covid-19 pandemic, the climate crisis and the importance of multilateralism in combating global challenges. Van der Bellen also mentioned Austria's support for the efforts of the United Nations.
Swedish Digital Platform Sellpy Launches in Austria
The e-commerce platform for selling second-hand fashion has now also been launched in Austria, following Sweden, the Netherlands and Germany. As a result, Sellpy, which is part of the H&M Group, is now active in four countries.
Vienna Hopes for Revival as Congress Metropolis
The Covid-19 pandemic has influenced numerous different industries. Conventions, congresses and large-scale corporate events have not been possible, although they were important drivers for Vienna's tourism and international standing as congress metropolis. For 2021 and the upcoming years, the city hopes to experience a revival of this particular industry.
