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Subsidies
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Mitterlehner: „No Economic Stimulus Package“
Austria´s Minister of Economics rejects another stimulus package for the Austrian industrial sector. The budgetary situation would not allow that, he says.
October 4, 2012
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Macedonia to Stimulate Economic Growth
Due to the recession in the Eurozone, exports are shrinking. Next year, Macedonia will overcome the crisis, the local government says.
September 24, 2012
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Czech Republic: EU-Subsidies to be Cut Massively
Due to EU-aid manipulation, the Czech Republic will lose at least € 1.0bn.
September 15, 2012
Austria Plans „Young Entrepreneur Funds“ Worth € 110m
The Austria Ministry of Finance and the Ministry of Economics present a „young entrepreneurs scheme“.
July 18, 2012
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Austrian Government Presents € 27bn Austerity Package
The largest austerity package in Austria´s history mainly consists of cuts in expenditures. The government emphasized the socially balanced measures and the necessity due to reasons of competitiveness.
February 11, 2012
FPÖ Wants Cuts in Spendings
The biggest Austrian opposition party suggests reducing public expenditures in order to reduce the budget deficit. Chairman Strache calls for a “subsidy brake”.
January 30, 2012
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Strache Claims Cut in Subsidies
The chairman of the Austrian opposition party FPÖ criticized the government fiercely for its fiscal policy.
January 23, 2012
Austria Grants Highest Subsidies in Europe
In 2010, subsidies amounting to 6.5% of the Austrian GDP were distributed. The EU-average is only the half.
January 7, 2012
The Westbahn Complains Because of ÖBB-Subsidies
In December, the new “Westbahn” (Western Railway) will start competing with the ÖBB (Austrian state railways) which are allegedly being privileged by the government.
February 3, 2011
WIFO: Lack of Competition in Austria
According to WIFO, lack of competition is causing a growth bottleneck in Austria and requires legal action by the government and the EU.
December 29, 2010
Study: Agricultural Subsidies Produce No Growth
The Austrian Institute of Economic Research has determined that growth in the Austrian regions is accelerated by EU regional promotional financing, but not by agricultural subsidies.
November 18, 2010
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Criticism of Austria's Allocation of Subsidies
Both the volume and the organization of the allocation of subsidies are susceptible of improvement, experts say.
October 21, 2010
New Westbahn Claims Unjustified Subsidies for the ÖBB
The reason is an amendment to the Public Procurement Act, which allegedly gives preference to the ÖBB.
October 20, 2010
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