The government wants to reduce the burden of high electricity prices for households by covering 80% of grid tariffs, while the authorities are trying to counter inflated prices from utility companies by investing an additional €200 million

The liberal party NEOS announced the abandonment of negotiations to form a coalition government together with the centre-right People's Party and the centre-left Social Democratic Party; in September the extreme right failed to form a coalition government

The Austrian Cultural Forum in Beijing and the Austrian Embassy in China recently opened an art exhibition in Beijing entitled Vienna Calling

The government has initiated an economic support programme for Syrian nationals in Austria who want to return to their country, which mainly consists in the delivery of 1000 euros in cash and practical advice and assistance

The Austrian statistical office reported that the country's GDP contracted for the sixth consecutive quarter in the July-September period, continuing the recessive trend that began in Q2 2023