Austrians Tend to Save Less

Erste Bank 2nd Quarter Savings and Credit Forecast: Half of Austrians expect an economic upswing within the next two years. The average savings amount drops further to € 4,617.

August 7, 2012

Staff Efficiency: CESEE Catches Up

Regarding staff efficience, Eastern Europe has reached almost the West European level.

July 21, 2012

Austrians Highly Care About Retirement Provision

Austrians highly appreciate the security and stability of their own country and this is also reflected in their approach to financial matters and retirement provisioning.

June 8, 2012

Life Quality: Austria in the Upper Middle Field

Austria´s position in the “Better Life Index” is in the upper middle field. The work-life balance and the education are seen as weaknesses.

May 22, 2012

Savings Books More Popular than Building Saving

After the cut in the bonus for building savings, savings books are more popular again in Austria.

May 14, 2012

Improved Business Atmosphere in CESEE Region

According to a survey by OeKB (Oesterreichische Kontrollbank), expectations of investors are beyond the level of January. Austrian exports to the CESEE region may increase.

May 4, 2012

Slight Optimism in Austrian Industrial Sector

For the Federation of Austrian Industries (IV), the stagnation is conquered. Industrial production and employment is growing despite unfavorable macro-economic data.

April 28, 2012

Austria: Low Attractiveness as Research Location

According to a study among European scientists, Austria loses its reputation. The most attractive destination is the U.S.

February 27, 2012

Pessimism in Austrian Banking Industry

26% of interviewed managers in the Austrian banking industry regard the development of the operating business as “very bad”.

February 27, 2012

Investments: Austrians Prefer Security

For 72% of the Austrians, safety comes first. The most popular investments are conservative.

February 10, 2012

Euro-Crisis: Austrian Managers are Optimistic

In spite of the current euro-crisis, most Austrian managers believe that the currency will remain. Moreover, a deepening of the cooperation between EU-member states is expected.

February 6, 2012

Austrian Economy to Stagnate Until Summer

The Federation of Austrian Industries (IV) does not see signs for another recession. In summer, industrialists are optimistic that economic growth accelerates.

January 31, 2012

Austrian Trust in Euro Decreases

Austrians became more skeptical to the common currency. Analysts see a “crisis of confidence”.

January 27, 2012

Loss of “AAA“: Austrians Blame Politicians

For Austrians, the government did not take the threat of losing the “triple-A” serious enough.

January 20, 2012

Cautious Optimism at Young Entrepreneurs

In spite of the pessimistic economic outlook, Austrian young entrepreneurs feel to be well prepared.

January 3, 2012

Austrians Tend to Save More

According to Generali Austria, Austrians tend to lower expenditures for clothing and vacations. Every third respondent says to have a lower budget than in 2010.

January 3, 2012

Austrians to Reduce Spending in 2012

Most people want to cut back on food and beverages, consumer electronics and holidays.

December 29, 2011

Austrians Want to Save More

According to a survey by ING International Study, 26% of the interviewed persons want to save more money. Optimism is decreasing.

December 28, 2011

Austrian Firms Expect Slowing Economy

Forecasts for the Austrian economy have been deteriorating since summer 2011. The WKÖ now joins the chorus with a recent survey.

November 17, 2011

Austrians Increasingly Pessimistic

According to a survey, Austrians fear that similar developments to Greece will also occur in their country. Confidence in politics still worsens.

November 5, 2011

Austrian Wage Increases below European Average

Real incomes are expected to go up by 0.8% next year. The average rate for Europe will be 1.3%.

November 4, 2011

Majority of Austrians Opposed to EU Rescue Package

850 respondents were asked their opinion before Wednesday’s summit meeting. 71% believe that the package is disadvantageous for Austria.

October 27, 2011

Gold Remains Popular for Austrians

27% of Austrians expect higher profits from gold than from shares, bonds or investment funds.

October 22, 2011

Online Shopping is Booming in Austria

45% of the Austrian population already practiced online shopping. The share of enterprises using mobile broadband connections rose significantly against 2010.

October 18, 2011

Private Consumption Remains Strong

Despite growing fears of an economic downturn, the Austrian consumer climate is still positive.

October 7, 2011

Economic Crisis: Austrians Pessimistic

The majority of Austrians thinks that the economic crisis will persist and will become even worse.

October 1, 2011

Firms Budget 2.8% Wage Increase

Top management of Austrian companies will likely benefit from the highest pay rise next year.

September 14, 2011

Economic Downturn Reaches Austria

A current survey indicates an imminent deterioration of the Austrian economy. Researchers don’t expect a recession but a clear downward trend.

September 9, 2011

Consumer Confidence Declines in the Second Quarter

In line with the global trend, Austrian consumers have recently become less optimistic. Major concerns are rising cost of living and the general economic situation.

August 19, 2011

"Need for Improvement" in Austria's Capital Market

According to a study by Ernst &Young;, the domestic capital market shows deficits particularly in the areas of investor protection, the depth of the capital markets and corporate governance.

May 10, 2011

Upswing in Austria’s SMEs

Austrian small and medium enterprises expect a significant improvement in business conditions for 2011. The equity situation however remains problematic.

May 5, 2011

Monthly Expenditures of Austrian Households: € 2,910

Household Budget Survey 2009/10: Monthly expenditures for housing and energy account for 24%.

April 12, 2011

High mobile phone use by Austrian SMEs

In three out of four SMEs every employee has a cell phone, and half the SMEs can imagine communicating exclusively via mobile telephony.

February 19, 2011

Austrian Industry Remains on Growth Course

Bank Austria Purchasing Managers’ Index down slightly in November, but strong growth persists. Order intake increased as well as employment.

January 1, 2011

Generali Money Study: What Austrians Will Spend their Money on in 2011

More money will be spent on vacations, housing and sports. Propensity to consume is higher in men.

December 27, 2010

Job Dissatisfaction Rises Dramatically

Austrians show themselves increasingly dissatisfied with their work. The current working climate index is at its lowest level in four years.

November 22, 2010
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