The financial chaos 2025: what that means for your wallet!

The financial chaos 2025: what that means for your wallet!

Wien, Österreich - The financial situation in Austria will be anything but rosy in 2025. The traffic light negotiations are in full swing, but a hole in the budget is forcing the new government to do a billion dollar hole. So it becomes more expensive for the entire population: On January 1, fuel prices will increase by about three cents per liter due to an increase in the CO2 tax. The short park fees in Vienna also increase-30 minutes of parking costs 1.30 euros, one hour 2.60 euros, such as today reported. The new motor -related insurance tax is opening further loads on the already stressed household budgets. For many newly approved cars, this is 35 euros more expensive compared to 2024.

price increases in everyday life

The annual vignette for car owners is 7.7 % more expensive, which makes up for 103.80 euros (instead of 96.40 euros). The popular climatic coats also become more expensive, which will increase the travel expenses. Exposure due to rising rental prices can also be expected if the guideline rents may increase by a maximum of 5 % from April 2025. The electricity price brake, a relief offer for households, expires, which means up to 435 euros in additional costs for households, such as Rnd . The taxes for the use of the energy networks will also increase for many households - an average of 73 euros for electricity and 60 euros for gas.

Economic uncertainty is reinforced by the current political situation in Germany, in which the traffic light coalition from SPD, Greens and FDP has broken. After months of argument about budgetary and economic policy and a clear distrust between the partners, Germany is facing new elections. Chancellor Olaf Scholz pulled the ripcord to enforce a clear course in government policy and sets the course for a new political phase that will be decisive for citizens and the economy.