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Austria - European Union Political News
Read the latest headlines about developments in Austrian - European Union (Brussels) politics with reference to the international interest
Eder Appeals for Reindustrialization in Europe
In an interview with Austrian daily „Kurier“, Wolfgang Eder, CEO of Austrian steel producer voestalpine talks about the future of the European steel industry and the differences to the US energy policy.
June 20, 2013
Austria: Raids by EU Commission at ÖBB
The Austrian Railways is alleged of having agreed to fixed prices with other companies. House searches were carried out.
June 19, 2013
Spindelegger: "Clear Signal for Serbia and Kosovo Expected from EU Summit at End of June"
Austrian Vice-Chancellor with Prime Ministers of Serbia and Kosovo at the Europaforum Wachau conference; clear commitment for EU expansion in the Balkans
June 19, 2013
Cyprus Demands Further Capital Aid
In a letter to the European Union, President of Cyprus Nikos Anastasiades demands further capital support for the Bank of Cyprus, the “Wallstreet Journal” reports. According to him, Cyprus’ economy depended on it.
June 19, 2013
Hungary: Taxes to Be Raised
Shortly before the parliamentary summer recess taxes were raised by the government of Viktor Orban.
June 18, 2013
Croatia’s EU Accession as a Chance For Austria
Soon, there are more than 1,000 Austrian businesses operating in Croatia and the volume of trade is supposed to increase.
June 18, 2013
Lopatka: "EU Enlargement is a Driver for Reforms and Rule Of Law"
State Secretary Lopatka on DARUM EUROPA information tour.
June 18, 2013
Protests in Bulgaria
Almost two weeks after the assumption of office of the new Bulgarian government, demonstrators have once more demanded the resignation of the predominantly socialist cabinet.
June 17, 2013
V4 Want Free Trade Zone Between EU and Japan
The Visegrad Four Group (V4), which consists of Poland, the Czech Republic, Slovakia and Hungary, support the creation of a free trade zone between the European Union and Japan.
June 17, 2013
Eurozone and EU27 to Increase International Trade
Euro area international trade in goods surplus 14.9 bn euro. 9.2 bn euro surplus for EU27
June 17, 2013
World Bank: EU11 Countries Remain Attractive for Foreign Investors
Despite the slow recovery of economic activity, EU11 countries nonetheless remained attractive for foreign investors.
June 14, 2013
EU27 Foreign Direct Investment Amounts to € 171bn in 2012
Over 60% of investments from the rest of the world into the EU27 came from the USA in 2012.
June 13, 2013
EU Commission to Support Steel Industry
EU Commissioner for Industry Antonio Tajani has presented the annouced steel action plan.
June 12, 2013
EU Abandons Quarterly Reports
Listed enterprises in the European Union do not have to present quarterly reports from 2015 on.
June 12, 2013
Fekter: „Bad Bank for Hypo Not The Most Creative Solution“
The Austrian Greens affirm their demand for the establishing of a bad bank for the ailing Hypo Group and a respective bill.
June 12, 2013
Austria: Wienerberger Alarmed About Shrinking Residential Building
Building material group Wienerberger is alarmed about the declining figure in residential building even though the market is significantly undersupplied with affordable housing space.
June 12, 2013
Serracchiani: „Will Do Everything I Can“
In an interview with Austrian newspaper “Kleine Zeitung“ Debora Serracchiani, new regional president of the province Friuli in Italy announced to do everything so that Hypo Group Italy will survive.
June 11, 2013
Moody’s: Rate Cuts Credit-Negative for Polish Banks
The recently passed cut in interest rates by Poland’s Monetary Policy Council has a negative effect on credits for Polish banks, rating agency Moody’s announced.
June 11, 2013
Fekter: The North Feeds The South
Finance Minister Fekter compares the situation in Europe with the economic circumstances in Italy.
June 11, 2013
United States Will Always Keep Its Eye on the Balkans
Montenegro's Prime Minister Milo Djukanovic met with Deputy Assistant Secretary of State for European and Eurasian Affairs Philip Riker.
June 10, 2013
Hypo Group: Fekter Under Pressure
Finance Minister Fekter is put under pressure by Austrian Green Party to establish a bad bank for Hypo Group.
June 10, 2013
Hungary: Fifth Amendment of Controversial Constitution Planned
The controversial Hungarian constitution is supposed to be changed for the fifth time since the EU Commission threatened the country with infringement proceedings.
June 10, 2013
WKO Export Day in Vienna
On June 20, the Export Day (Exporttag) of the Austrian Chamber of Commerce (WKO) will take place in Vienna. Economic delegates from all over the world will be present.
June 8, 2013
Serbia: No EU Accession Negotiations in 2013
Serbia will not be able to start the desired negotiations for an EU membership this year.
June 6, 2013
Slovenia: Commission’s Target to Be Achieved in September
Deputy Prime Minister and Interior Minister Gregor Virant announced that Slovenia will achieve the EU Commission’s aim for approving more budget cuts by the end of September to avoid international bailout.
June 6, 2013
Austria: Liebscher as Chairman of Hypo Group’s Supervisory Board
Liebscher is to take over Ditz’ position after the meeting of bodies on June 21.
June 5, 2013
Austrian Justice Minister to Support Serbia’s Approach to EU
Austria to enhance transfer of know-how in regard to the fight against corruption.
June 5, 2013
Austria: Leitl Welcomes Latvia to Join Eurozone
Head of the Austrian Chamber of Commerce Leitl considers the Euro adoption as an important political signal for the cooperation and the strengthening of the European currency union.
June 5, 2013
Croatia to Expect Disciplinary Procedure by EU
The Ex-Yugoslavian country has to face harder scrutinizing than its CESEE peers which joined the EU in the last decade.
June 5, 2013
Hypo Group: Possible Deductions from Selling Price
The new British-Indian Owner of Hypo Group is to pay only € 32m for the time being.
June 5, 2013
Slovenia: Bailout As An Option
Prime Minister Bratusek announced her consent to introduce fiscal rule in 2015.
June 4, 2013
ILO: Risk for Potential Social Unrest in EU
The European Union is prone to social unrest accorking to most recent World of Work Report.
June 4, 2013
Latvia: Euro to Be Introduced 2014
Latvia will be able introduce the Euro on January 1 2014. According to diplomats, this is what the EU Commission will recommend on Wednesday in Brussels.
June 4, 2013
Lopatka: "Visa Cooperation Reinforces Mutual Ties Between Austria and the Czech Republic"
Austrian State-Secretary on the signing of a new agreement and working meetings in Prague.
June 4, 2013
Austria: Finance Ministry Regrets Ditz’ Withdrawal
Johannes Ditz, chairman of Hypo Group’s suvervisory board, announced his withdrawal yesterday.
June 4, 2013
Russia: Gazprom Looking for Alternative Markets
After 40 years of a surge in revenues, Russian energy giant Gazprom has to face turbulent times in Europe.
June 3, 2013
Bulgaria: Wave of Unemployment Expected This Fall
Bulgaria could be hit by a wave of unemployment in the fall of 2013.
June 3, 2013
Romania: Erste Forecasts Economic Growth at 1.8 Percent
Erste keeps Romania's economic growth forecast for 2013 unchanged at 1.8 %.
June 3, 2013
Austria: Unemployment Rose By 9.5 Percent
In total, 330,309 persons were looking for a job in May. Austria still has the lowest unemployment rate within the European Union.
June 3, 2013
Hypo: Ditz to Resign
Chairman of Hypo Group’s supervising board Johannes Ditz might soon resign, according to media reports.
June 3, 2013
Czech Repubic to Restrict Budget Cuts
To boost domestic economy, the Finance Ministry announced to temporarily restrict budget cuts.
May 31, 2013
Slovenia: NKBM Still In the Reds
Particularly high risk provision caused the bank a net loss of € 8.5m. Even for the whole of 2013, losses are expected.
May 31, 2013
Czech Republic Not to Introduce Euro Before 2019
According to reports by the Czech media, the new government intends to apply for the Euro only in 2016.
May 31, 2013
Hypo: Contract Could Be Signed Today
Today the Austrian affiliate of Hypo Group could be transferred to the property of Indian Srei Group. The company is a fast-growing listed enterprise with around 30,000 clients.
May 31, 2013
Poland: Alterated Restructuring Plan for LOT
LOT alters restructuring plan, expects more public aid
May 29, 2013
Austria: Fekter Signed OECD’s Multilateral Assistence Agreement in Tax Matters
Fekter described the signing as a “further important step in the fight against tax evasion and tax fraud”.
May 29, 2013
Romania: No Investors for Post Company
Debts and a collective agreement which makes restructuring impossible until 2018 are among the main reasons the company is not attractive to potential investors.
May 29, 2013
Hypo Group to Sell Austrian Affiliate
On Friday the deal of nationalized Hypo Bank’s Austrian affiliate will finally be sealed. Indian Srei Group will become the new owner in all likelyhood. The company will pay € 60m to € 70m.
May 29, 2013
Commission to Publish Reform Recommendations
24 countries, among them Austria, will receive recommendations for reforms by the EU Commission.
May 28, 2013
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