{
Herbert Kickl

People

}
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austerity measures threaten jobs and economic stability in austrian government plan

The Austrian government, led by Chancellor Herbert Kickl, is implementing a €6.3 billion austerity package that disproportionately affects the underprivileged through new mass taxes and cuts to subsidies, risking job losses and economic stagnation. Business leaders are alarmed, warning that such measures could lead to significant job losses in key industries, while the banking sector exerts influence over government policies, prioritizing their interests over those of ordinary citizens. This coalition of right-wing extremism and capital threatens to undermine both economic stability and climate goals.
zackzack.at
Euro Raiffeisen-Osteuropa-Rent AUT Herbert Kickl Stefan Pierer Sigi Wolf Karl Ochsner Clemens Niedrist Georg Knill Karl Nehammer Gernot Blümel Magnus Brunner Harald Mahrer Show more
Politics & Governance, Blog Post
10:10 22.01.2025

Raiffeisenbank anticipates investment revival amid falling interest rates and KIM expiry

Raiffeisenbank's management expresses optimism for economic revival in the second half of the year, anticipating a growth rate exceeding 1% amid falling interest rates and the expiry of the KIM regulation, which is expected to boost private housing loan demand. CEO Martin Schaller highlights the bank's strong equity ratio and readiness for investments, while also cautioning about a slight decline in corporate creditworthiness. The bank opposes a proposed special levy on banks, arguing it would hinder economic development.
@kleinezeitung
Euro AUT Hubert Fuchs Herbert Kickl Donald Trump Rainer Stelzer Martin Schaller Show more
Finance & Economy, Market Report
17:21 17.01.2025

eurozone government bond supply reaches record levels amid political uncertainties

The net supply of government bonds in the Eurozone is set to reach a record high, driven by the European Central Bank's shift to quantitative tightening. In 2025, eleven member states will issue €1,281 billion in bonds, with Italy, France, and Germany leading the reductions. Political instability in France and Germany contrasts with Italy's surprising stability under Prime Minister Giorgia Meloni, highlighting the diverse challenges within the Eurozone.
finews.com
British Pound Sterling United States Dollar Swiss Franc Euro Swiss Life Holding AG PRT FRA NLD AUT BEL GRC DEU IRL ITA FIN ESP Daniel Rempfler Giorgia Meloni Herbert Kickl Mario Draghi Show more
Finance & Economy, Market Report
10:50 08.01.2025

record government bond supply in eurozone driven by european central bank

Record net supply of eurozone government bonds is anticipated in 2025, driven by the ECB's quantitative tightening, with a total of €872 billion expected. Political instability in France, Germany, and Austria contrasts with Italy's surprising stability under Prime Minister Giorgia Meloni, highlighting diverse fiscal pressures across the region. The European Commission plans to issue €160 billion in EU bonds, while Switzerland faces its own fiscal challenges amid discussions on a debt relief package.
finews.ch
British Pound Sterling Swiss Franc Euro United States Dollar PRT FRA NLD AUT BEL GRC DEU IRL ITA FIN ESP Daniel Rempfler Giorgia Meloni Herbert Kickl Mario Draghi Show more
Finance & Economy, Market Report
10:50 08.01.2025
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