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Building Collapse, Pension Bill Approved Amidst New Appointments

A partial building collapse in Vienna has resulted in a woman sustaining serious injuries, marking a significant and immediate domestic incident. In national policy, the Austrian People's Party's "Active Pension" initiative, a key project, has been officially approved.

Economically, new regulations will see credit checks tightened for even small amounts from November 20. Meanwhile, the leadership of the state holding company ÖBAG will see a change with Thomas Arnoldner appointed as the new CEO. Concerns are also rising in the education sector with an increase in students repeating grades, including in primary schools, and a Viennese middle school teacher highlighting a challenging environment within the city's schools.

In a brighter note, archaeologists have discovered 2,300-year-old iron bars in the Danube.

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New ÖBAG Chief Thomas Arnoldner Appointed

Thomas Arnoldner has been introduced as the new head of the Austrian State Holding Company (ÖBAG), with details of his background and role provided.

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