© Nastuh Abootalebi/Unsplash
19.03.2021
Business Impairments, Liquidity and State Aid
Special Survey on the COVID-19 Crisis as Part of the WIFO-Konjunkturtest
According to the results of the fifth special survey on the COVID-19 crisis as part of the WIFO-Konjunkturtest of February 2021, 72 percent of companies had faced restrictions on their business activities in the past three months.
The most important restriction was the reduction of orders (42 percent). Companies in industries directly affected by countermeasures to fight the pandemic mentioned closures ordered by the authorities. Supply chain problems, payment delays. problems in hiring new staff and financial bottlenecks were also reported. Although liquidity assessments have not deteriorated dramatically compared with late summer 2020, 19 percent of companies in February reported they would face financial distress unless their business activity develops better than expected. Of the relief measures, COVID-19 short-time work is particularly often used, followed by tax deferrals and the Fixed Cost Allowance (Phase I).
Publications
WIFO-Konjunkturtest Sonderausgabe
19.03.2021
Finalization: March 2021
Project partner Austrian Institute of Economic Research, Economic and Social Science Computing Center
Contractor project: European Commission
Specialist publication: WIFO-Konjunkturtest Sonderausgabe
Please contact
Industrial, Innovation and International Economics
Further news
Association of European Economic Research Institutes Publishes General Report
04.12.2025
Legal Framework, Cost Analysis and Climate Impacts for Heating and Cooling in Austria
02.12.2025
WIFO Media Chat: Austria's Veto Under Scrutiny
02.12.2025
WIFO and Standard Present Christmas Inflation Calculator
01.12.2025
Results of the WIFO-Konjunkturtest (Business Cycle Survey) of November 2025
27.11.2025
ASCII and RETHINK-GSC in Sarajevo Recognised as Lighthouse Projects
26.11.2025
Invitation to WIFO Media Chat
24.11.2025
WIFO Research Brief Examines Bill Currently Under Review
18.11.2025
Study by WIFO and Eco Austria Presented
13.11.2025
Retail Business Cycle Report in Cooperation with the Austrian Retail Association
07.11.2025
On Average, Women Still Have Significantly Longer Career Breaks than Men
05.11.2025
Results of the WIFO-Konjunkturtest (Business Cycle Survey) of October 2025
31.10.2025
He was Vice-President of the Austrian Institute of Economic Research from 1990 to 2008
27.10.2025
Update of the FIW Annual Report 2025
20.10.2025
Exchange with Bulgarian Journalists on Austria's Experience in the Euro Area
15.10.2025
Videos: Research Seminars with Gabriel Ahlfeldt and Stefanie Peer
10.10.2025
