It’s actually quite okay. Inflation is just high (above average), the prices of everyday life have been skyrocketing for months. Buying real estate has become impossible for most people. Our far-right party has been at the top of the polls for almost exactly a year. Nevertheless, it has to be said that the common Austrian is doing quite well. Public transport is relatively good (at least in the cities) an annual ticket for the whole of Austria costs only €1095 (price for a single state starts at €365). Nature is beautiful, food is good, education is free, social system works. So, could be worse.
I disagree. Take the technical university of Graz for instance. The work they accomplish regarding Cyber Security is quite amazing. Remember Meltdown and Spectre? Scientists from Graz were in key positions. Æpic Leak and SQUIP too.
What about Ferenc Krausz? He studied at the technical university in Vienna, and the team did some work in Vienna and they got the Nobel Prize this year.