On February 29th at 10:30 p.m. on ORF 2
Vienna (OTS) – Dieter Bornemann presents the ORF business magazine “Eco” on Thursday, February 29, 2024, at 10:30 p.m. on ORF 2 with the following articles.
Sober calculation: What does cannabis legalization bring and what does it cost?
Cannabis will be legal in Germany from April 1st – this should, on the one hand, dry up the flourishing black market and, on the other hand, open up new tax sources for the state. But what would such a bill look like in Austria? In addition to new tax revenue, a study also sees potential for savings for the police, because the majority of the 35,000 annual drug reports are caused by cannabis. And while legal and illegal addictive substances damage the health system, opinions differ when it comes to cannabis: Will legalization lead to more addicts or can cannabis perhaps even help pain patients? “Eco” takes a sober look at the numbers behind the heated discussion. Report:
Martin Steiner and Lisa Lind
Economy or morality? – The dispute over the supply chain law
Respect for human rights and a clean treatment of the environment and nature – actually self-evident, one might think. Nevertheless, cases of child labor in lithium mines, the use of toxic chemicals in textile factories and inhumane working conditions in large supplier industries continue to emerge. The EU supply chain law would now require large companies to check all their suppliers along the entire supply chain to see whether they adhere to certain standards – otherwise they could face severe penalties. But now the law could fail in the last few meters. Report: Emanuel Liedl, Johannes Ruprecht
Too much commission: Criticism of life insurance because of hidden fees
Austria is a country of life insurance. There are around seven million contracts in total. After making deposits for years, customers often find that the winnings are far lower than they had hoped. The reason for this is usually non-transparent costs and commissions. In an extensive study, the Chamber of Labor has highlighted massive grievances. The EU Commissioner for Financial Services, Mairead McGuinness, also criticizes high and non-transparent commissions in financial sales and wants to ban opaque commissions in the future. The financial industry is up in arms against the planned ban. Report: Hans Hrabal