Due to the high bills, Austria gives 150 euros to all citizens, and 300 to the most vulnerable

Vienna, Austria
Almost all households in Austria will receive a one-time financial assistance of 150 euros / Photo: EPA-EFE / CHRISTIAN BRUNA

The Austrian government today announced an aid package for citizens affected by the sharp rise in energy prices, joining a number of European countries trying to mitigate the impact on household budgets.

Almost all households in Austria will receive a one-time financial assistance of 150 euros, he said on Friday in the Austrian capital Chancellor Carl Nehammer.

Especially the vulnerable will receive 300 euros

Approximately 750.000 citizens who fall into the category of particularly vulnerable will receive twice the amount.

Additionally, the state has decided to suspend the lump sum for green electricity this year, which will save about 100 euros for each household and about 67.000 euros for the average company, the government said.

Strong rise in energy prices

The 1,7 billion-euro bailout package is aimed at "preventing crisis situations", said Finance Minister Magnus Bruner.

In Austria, as in many other countries, energy prices have risen sharply in recent months.

In December, energy costs were 24 percent higher than the same month last year. Heating oil rose by 44% and gasoline by 31%, reminds the agency dpa.

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