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Vienna's Foreign and Bilateral Relations
Read the latest headlines about bilateral relations in the areas of economy, business, diplomacy, culture and tourism between Austria and its partners
Austrian Government May Put Veto Against EU Budget
Members of the Austrian government fear that Austria may lose its discount. The annual loss would come at more than € 180m.
February 5, 2013
„Croatia Has No Answer to the Crisis“
Economists fear that the economic crisis in Croatia will continue this year. The government does not implement enough reforms, observers say.
February 4, 2013
Croatia Fights Against High Unemployment
In order to reduce the number of jobless workers, Croatia´s government plans to invest € 60m in labor market measures.
February 4, 2013
Tusk: “First Months Will be Most Difficult”
Poland´s Prime Minister Donald Tusk explained that the Polish economy will recover in the second quarter of 2013.
February 4, 2013
Poland: Banks Continue to Tighten Lending Policy
NBP Report: In the fourth quarter of 2012, the banks continued to reduce the availability of loans to households and small and medium-sized enterprises. The banks expected demand for housing loans to decline sharply in the first quarter of 2013.
February 4, 2013
Tusk: “Poland Becomes a Full Member of the EU”
Poland´s Prime Minister Donald Tusk, Poland will join the Fiscal Pact. The conservative opposition rejects this step.
February 2, 2013
Czechs are Worried About their Future
Above all, Czechs fear a declining living standard after their retirement. The real income is expected to shrink in the next years.
February 2, 2013
Austria´s Net Contributions to Brussels to Increase Significantly
At the moment, Austria´s net contributions come at 0.2% of GDP. From 2014 to 2020, the figure may increase to 0.36% of GDP.
February 2, 2013
FDI Inflow Remains Weak in Romania
Romania has recorded a low foreign trade deficit and current account deficit in Q4 2012. The low inflows of foreign capitals into the private sector persist, Raiffeisen Research says.
February 2, 2013
Czech Republic Returns to Growth Slowly
According to the Czech Ministry of Finance, the recovery will be only gradual. This year, GDP is expected to increase by 0.1%.
February 2, 2013
Hungary to Stagnate in 2013
The economic outlook for Hungary remains rather bleak. The country will not leave the recession behind this year.
February 2, 2013
Moody´s Downgrades Croatia
The U.S. rating agency justifies the downgrade with the “bad economic outlook” and the “inflexible fiscal policy”.
February 2, 2013
Romanian Inflation Remains High
Adverse statistical base effect would be preserved in H1 2013, keeping headline annual inflation between 5.4-5.8% yoy, Raiffeisen Research reports.
February 2, 2013
Croatia: New Difficulties for Banks Ahead
Croatia´s National Bank is said to increase the coverage ratio for non-performing loans.
February 1, 2013
Lower Constraints for Romanian National Bank
Central bank to remain on hold, but room to ease control over liquidity conditions has increased, Raiffeisen Research reports.
February 1, 2013
Orban: „Agreement with IMF Unlikely“
According to Hungary´s Prime Minister Viktor Orban, the IMF tries to put pressure on Hungary.
February 1, 2013
Romania: „Ongoing fiscal consolidation in 2012“
According to Raiffeisen Research, Romania´s public finance begins to improve. However, the budget execution still shows some weaknesses.
February 1, 2013
Budapest Stock Exchange: One of the Region's Most Liquid Markets
Despite the globally dwindling capital market activity, the Budapest Stock Exchange (BSE) still remained one of the region's most liquid markets in 2012.
February 1, 2013
OMV Sells Its Marketing Subsidiary in Croatia
With this transaction OMV Refining and Marketing has completed the next step in implementing the defined divestment program.
February 1, 2013
Hungary: Foreign Trade Goes Down
In November, export and import volumes decreased by 4.3% and 4.6%, respectively, compared to the same month of the previous year.
February 1, 2013
Czech Unemployment Grows
The total employment in Q4 2012 increased by 31.1 thousand persons compared to the same period of 2011.
February 1, 2013
Czech Republic: Disputes Over Fiscal Pact
In the Czech Republic, the ruling coalition parties do not have a common point of view.
January 31, 2013
EANS-Total Voting Rights: Atrium European Real Estate Limited / Release
according to article 93 BörseG with the aim of a Europe-wide distribution
EANS-Total Voting Rights: Atrium European Real Estate Limited / Release according to article 93 BörseG with the aim of a Europe-wide distribution
January 31, 2013
Poland: Opposition Criticizes Government´s Economic Policy Sharply
Opposition leader Jaroslaw Kaczynski says that the government does not fight against the economic slowdown.
January 31, 2013
Hungary: Lending Declines
Household and non-financial corporate sector interest rates: December 2012.
January 31, 2013
Hungary: Unemployment Stagnates
In the 4th Quarter 2012, the number of unemployed people was 468 thousand resulting in an unemployment rate of 10.7%.
January 31, 2013
Polish Economy Grew by 2.0% Last Year
Today, the Polish Statistical Office has published the economic data for 2012.
January 30, 2013
Hungarian National Bank Cuts Interest Rate Again
At its meeting on 29 January 2013, the Monetary Council reviewed the latest economic and financial developments and voted to reduce the central bank base rate by 25 basis points from 5.75% to 5.50%, with effect from 30 January 2013.
January 30, 2013
Hungary: More People in Work than in 2012
In the 4th Quarter 2012, the number of employed people was 3,909 thousand, 58 thousand more than a year ago. The employment rate of both men and women improved.
January 29, 2013
IMF Criticizes Hungarian Government
According to IMF, the economic outlook for Hungary is rather gloomy.
January 28, 2013
Rostowski: Poland´s Economy to Recover in Second Half of 2013
Poland´s Minister of Finance expects that the economic slowdown will continue for the time being.
January 28, 2013
Czech Government Rejects New Elections
After Milos Zeman was elected as new President of the Czech Republic, he called for new elections. A change of government would be rather likely.
January 28, 2013
NBU Expects Lower Inflation
The inflation expectations of the heads of Ukrainian enterprises have been low for the third quarter in a row.
January 28, 2013
54.9%: Zeman Wins
Milos Zeman will become the next President of the Czech Republic. His rival Karel Schwarzenberg has already recognized his defeat.
January 26, 2013
Czech Republic: Zeman Ahead
Today, the run-off election in the Czech Republic has ended. According to first results, the socialist Zeman ranks first.
January 26, 2013
Hungary: Real Wages Declining Persistently
In the first eleven months of 2012, real wages of Hungarian workers was down by 3.5%.
January 26, 2013
EANS-General Meeting: Epigenomics AG / Additional Information for the General
Meeting
EANS-General Meeting: Epigenomics AG / Additional Information for the General Meeting
January 25, 2013
EU Wants Austria to Give Up Bank Secret
Commissioner Algirdas Semeta threatens with a complaint against Austria. According tom him, Austria and Luxembourg are blocking the automatic information exchange.
January 25, 2013
Hungary: Retail Trade Shrinks Significantly
The volume of sales in retail trade decreased by 4.1% in November.
January 25, 2013
Poland Sells Shares in PKO
The share in the banking group decreases to 31.9%. Further privatizations are planned.
January 24, 2013
Poland: Unemployment Quota at 13.4%
The labor market situation is one of Poland´s most pressing issues. Compared to November 2012, the unemployment quota was up by 0.5 percentage points.
January 24, 2013
Austrian Exports to U.S. Growing Massively
Compared to the reference period of 2011, exports to the U.S. grew by 10.4% in the first three quarters of 2012.
January 24, 2013
Poland Has Third-Biggest Current Account Deficit
EU27 current account surplus € 28.8 bn. € 39.3bn surplus for trade in services.
January 24, 2013
Business Cycle Survey: Czech Overall Confidence Decreases
Overall confidence in domestic economy decreased slightly in January. The composite confidence indicator (economic sentiment indicator) decreased by 0.3 points compared to December.
January 24, 2013
Romania Needs More Time for IMF-Requirements
The financially stricken country did not implement the planned privatizations. EBRD criticized Romania´s slow progress.
January 23, 2013
Turkey Plans to Build World´s Biggest Airport
Until 2017, Turkey wants to build the biggest airport. In total, the new airport will handle up to 150 million passengers.
January 23, 2013
Komorowski: Poland Should Join Eurozone in 2015
Poland´s President Bronislaw Komorowski said that the country should decide whether to introduce the euro in 2015.
January 23, 2013
Czech Republic: Controversy About Benes Decrees
The second round of the Czech presidential elections is heating up. The candidate Karel Schwarzenberg was criticized harshly.
January 23, 2013
Croatia: Austerity Policy Faces Difficulties
Croatia´s Minister of Finance Slavko Linic thinks that the austerity policy cannot be continued.
January 22, 2013
Poland: Lower Growth Forecasts
The slowdown of the Polish economy continues. The government is becoming impatient.
January 22, 2013
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