Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure AT-2020-12/474 – Updated – measures in Austria
|Country||Austria , applies nationwide|
|Time period||Temporary, 16 March 2020 – 30 September 2022|
|Type||Legislations or other statutory regulations|
Supporting businesses to stay afloat
– Direct subsidies (full or partial)
|Author||Bernadette Allinger (Forba) and Eurofound|
|Measure added||10 April 2020 (updated 19 June 2023)|
The subsidy for fixed costs was implemented in order to help businesses deal with the increase in costs. Non-repayable subsidies are granted to companies that suffer substantial sales losses of at least 40% due to the consequences of the COVID-19 pandemic.
Eligible are those companies that fully meet the following conditions:
The following fixed costs of the company are eligible:
The fixed cost subsidy is staggered and depends on the company's loss of sales:
The fixed-cost subsidy does not have to be reimbursed - provided that all the provisions of the guidelines are complied with. The subsidy is limited to a maximum of €90 million per company.
Three instalments are foreseen, the first could be applied for from 20 May 2020 onwards, the second from 19 August 2020 onwards and the third from 19 November onwards. The observation period lies at a maximum of three months between 16 March and 15 September 2020. Applications can be made until 31 August 2021.
For phase one of the fixed cost subsidy, €8 billion are earmarked. As of 21 September 2020, €200 million had been paid. However, many companies are still waiting for the final balance sheet figures for the entire period so that they can decide in which months they can apply for the highest subsidies.
At the beginning of December, over 45,000 applications for phase one were submitted for the total amount of €625 million. Of those, over 39,000 have been approved and €380 million have thus far been paid (with an average of €9,742).
In the first week of applications for the second phase of the fixed costs subsidy, 812 applications were submitted with a volume of €9.8 million.
According to the annual funding reports by the Finance Ministry, in 2020 €457.1 million were paid in the framework of the company subsidies for fixed costs, while in 2021 €1.07 billion were paid.
As of May 2023, €4.4 billion have been paid in fixed costs subsidies for companies overall.
One person or microenterprises
|Does not apply to citizens|
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Form||Not applicable||Direct consultation outside a formal body|
Social partners' role in the implementation, monitoring and assessment phase:
Employer organisation was consulted and is involved in the implementation.
The Austrian Chamber of Economics section 'Young economy' highlighted that the reduction of the minimum threshold of the grant from €2,000 to €500, together with the fact that it can be obtained in addition to any payments from the hardship fund, are an important improvement in supporting solo-self-employed, micro and small enterprises.
Eurofound (2020), Company subsidy for fixed costs, measure AT-2020-12/474 (measures in Austria), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/AT-2020-12_474.html
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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.