Vienna, August 29, 2026

ÖGB chief Wolfgang Katzian has spoken out in favor of extending the fuel price brake and at the same time called for an increase in the funds of the Insolvency Wage Fund.

Background: Energy Prices and Cost of Living

The president of the Austrian Trade Union Federation (ÖGB), Wolfgang Katzian, has made a strong case for extending the fuel price brake in the debate over rising costs of living. He pointed to the looming shortage of funds in the Insolvency Wage Fund (IEF) and expects politicians to raise the funds again in order to secure the wages of employees in the event of company insolvencies.