Martin kocher, Federal Minister for Digital and Economic Affairs of Austria

Vienna, Sep 29 The Austrian governmenthas unveiled a new aid package worth 1.3 billion euros for companies struggling with the worsening energy crisis.The funds will be earmarked for energy-intensive companies to cover 30 per cent of their additional fuel, gas and electricity costs, Xinhua news agency quoted Economy Minister Martin Kocher as saying to the local media on Wednesday.However, companies seeking state aid will have to avoid certain wasteful activities, such as using outdoor patio heaters and keeping shop lights on after 10 p.m., local media reported.Soaring energy prices have continued to drive up inflation, which stood at 9.3 per cent in August.Fuel prices are the strongest driver of inflation, according to Statistics Austria.The Austrian government had previously introduced several anti-inflation packages to support households and companies, including increasing social benefits for the unemployed and other vulnerable groups.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Operation Sindoor

Pahalgam Terror Attack

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Martin KocherFOLLOW

Martin kocher, Latest News

Politics :Austria unveils aid package for companies amid energy crisis

Vienna, Sep 29 The Austrian governmenthas unveiled a new aid package worth 1.3 billion euros for companies struggling ... ...