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Austria plans to use its stakes in companies to raise 500 million euros

Austria’s government plans to spend roughly 500 million euros ($579 million) on reducing electricity bills for the general public, and the funds will come from the state’s stakes in companies, Chancellor Christian Stocker said on Wednesday.

VIENNA, Nov 26 (Reuters) – Austria’s government plans to spend roughly 500 million euros ($579 million) on reducing electricity bills for the general public, and the funds will come from the state’s stakes in companies, Chancellor Christian Stocker s… [987 chars]

Source: Reuters | Published: 2025-11-26T14:29:07Z

Credit: Reuters

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