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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
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“Not Enough Support for Growth and Competitiveness“
Georg Kapsch, President of the Federation of Austrian Industries criticizes that the EU budget does not contain enough future investments.
February 9, 2013
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EU Budget: Poland Among Main Beneficiaries
Although the EU budget was cut, Poland will receive more EU-funds than in the current period.
February 8, 2013
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2014 - 2020: Austrian Net Contributions Rise Substantially
In the financial period from 2014 to 2020, Austria loses almost the half of its discount. The net contributions total € 1.15bn per year.
February 8, 2013
Poland Underlines Necessity of Cohesion Funds
At the EU summit, Poland wants to secure as much cohesion payments in the next multiannual financial framework from 2014 to 2020.
February 7, 2013
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Necas Supports Turkish EU Membership
On the occasion of Prime Minister Erdogan´s visit in Prague, his Czech counterpart Necas assured to support Turkey´s candidacy.
February 6, 2013
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
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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
Hungarian Unemployment High, But Slight Downward Trend
Hungarian Ministry of Economics: “Unemployment up in the EU but trend continues down in Hungary.”
February 2, 2013
Hungary: “EU funds to be spent on economic development”
In the 2014-2020 fiscal period of the European Union, Hungary will allocate the 60 percent of EU resources to stimulating growth and the development of the economy,
February 2, 2013
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Schwarzenegger Calls for a “Sexy, Hip” Approach at the Vienna R20 Conference
Arnold Schwarzenegger called for an end to “doom and gloom” environmentalism and more of a “sexy, hip” approach at the Vienna R20 Conference.
February 1, 2013
Erdogan Considers Joining „Shanghai Five“
Turkey´s Prime Minister Recep Tayyip Erdogan increases the pressure on the EU. He considers a political re-orientation towards the east.
February 1, 2013
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Poland to Fulfill Convergence Criteria Gradually
Governor of NBP (National Bank of Poland) Marek Belka argues that the country will not meet all the Maastricht Criteria simultaneously.
January 31, 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
Spindelegger Criticizes Cameron
Austria´s Foreign Minister: "Not cherry picking but more Europe is the key".
January 23, 2013
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Europe of Tomorrow: The New Way of Thinking
Distinguished participants from industry, politics and the business community such as Václav Klaus, Jerzy Buzek, Franz Fischler, Martin Meyer, Jan Zielonka, Iain Begg, Prince Hans-Adam II of Liechtenstein are currently dicussing this issue in Vienna.
January 22, 2013
“Costs of non-enlargement of the EU would be high”
Austrian Foreign Ministry wants discussion about more involvement of EU citizens in EU policy.
January 22, 2013
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EU FDI Stocks: Russia Ranks Fifth
Foreign Direct Investment EU27 investment stocks in the rest of the world increased by 50% between 2008 and 2011.
January 22, 2013
Eder Reaffirms: „European Industrial Sector Is in Danger“
In an interview with the Austrian news magazine “Presse”, voestalpine´s CEO Wolfgang Eder criticizes the European industrial policy sharply.
January 21, 2013
Croatia: Dispute with Slovenia May Postpone EU Accession
In July, Croatia should become a member country of the EU. However, the legal dispute with Slovenia is still an obstacle. The neighbor country may cause a delay of Croatia´s accession.
January 17, 2013
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Croatia: One Step Closer to the EU
According to their own statements, the Croatian government has fulfilled eight out of ten tasks, which must be finalized until July 2013. However, Croatia´s economic problems are far from being solved.
January 15, 2013
Bank Secret: Brussels Increases Pressure on Austria
EU-Commissioner Algirdas Semeta calls Austria and Luxembourg to give up their blockade against the reform of the interest taxation directive.
January 14, 2013
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Serbia: Time Pressure Grows
In order to become an EU-member, Serbia must present some substantial progress to Brussels.
January 14, 2013
Fekter: „We Almost Overcame the Crisis“
Austria´s minister of finance stresses the stability of the euro and points out that the economic crisis could be managed.
January 10, 2013
Unemployment in EU: Austria Still Ranks First
At the end of December, the Eurozone´s unemployment rate reached 11.8%. In the EU, the unemployment quota comes at 10.7%
January 8, 2013
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EU Accession: Turkey Shows Self-Confidence
Turkey puts further pressure on Brussels. Until 2023, Turkey wants to become a EU member country.
January 4, 2013
“Eurobonds Are Wrong Signal”
2013 - After crisis management it is now time to tackle issues of the future, Austria´s Ministry of Foreign Affairs says.
December 31, 2012
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Equity Market: Erste Group Cautiously Optimistic
Earnings are expected to grow again, but vulnerabilities remain. The global debt crisis remains unsolved, Erste Group says.
December 29, 2012
Outlook: Europe Remains Under Threat
The European debt crisis will remain a major issue, Austrian Erste Group says.
December 28, 2012
Hutchison Takes Over Orange
The Austrian subsidiary of the Hong Kong-based telecommunication group Hutchison Whampoa is now officially entitled to acquire its competitor Orange.
December 22, 2012
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Annual Assembly of the Municipal Councillors for European Affairs in Vienna
At the second general assembly of the members of the initiative of Municipal Councillors for European Affairs held at Palais Niederösterreich in Vienna today, the 500th member of the initiative was welcomed.
December 18, 2012
Austria´s EU Contributions to Increase Substantially
Austria is expected not only to lose its discount, but also to receive lower subsidies.
December 18, 2012
Rostowski: “Poland Will Enter Eurozone as soon as Possible”
Poland´s Minister of Finance Jacek Rostowski announced that his country wants to become a member of the Eurozone. However, the problems of the Eurozone must be solved before, he said.
December 18, 2012
Labor Costs: Highest Increases in Estonia and Romania
Euro area hourly labour costs rose by 2.0%. In the EU27, labour costs were up by 1.9%.
December 17, 2012
Banking Union: Czech Republic Cautious
For the time being, the Czech Republic will not join the single supervising mechanism.
December 15, 2012
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Polish Government Considers Joining Banking Union
Today, Poland´s Prime Minister Donald Tusk explained that Poland may become a member in the single supervision mechanism.
December 14, 2012
Banking Supervision to Control Nine Austrian Banks
Austria´s Finance Minister Maria Fekter announces that nine Austrian banking groups will be supervised by the new banking supervision authority.
December 13, 2012
CEE Countries May Join Banking Union
ECB will become the main supervisor for the Eurozone´s banking industry. Non-Eurozone member countries are entitled to opt-in.
December 13, 2012
GDP per Capita: Romania and Bulgaria Tail-Lights in EU
GDP per capita varied by one to six across the Member States in 2011. Austria ranks third behind Luxembourg and the Netherlands.
December 13, 2012
WIFO: South Europe Needs Change in Strategy
The Austrian Institute of Economic Research (WIFO) underlines that the austerity policy in South European countries did not help at all.
December 12, 2012
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Orange Takeover Finally Approved
After more than ten months, the EU Commission approved the takeover of the third-largest Austrian telecommunication operator by the competitor Hutchison Austria.
December 12, 2012
Austria in Favour of Initiating Accession Negotiations with Macedonia
Austria´s State Secretary Reinhold Lopatka speaks at General Affairs Council in Brussels.
December 12, 2012
„Eurobonds Are No Solution“
Latvia´s Prime Minister Valdis Dombrovskis argues that euro-bonds may be implemented at the end of the convergence process.
December 11, 2012
Turkey: „The EU Needs Us“
On the occasion of a visit in Hungary, Turkey´s Minister of European Affairs Egemen Bagis argued that the EU would benefit from Turkey´s accession.
December 11, 2012
Orange-Takeover: Commission to Announce Decision Next Week
EU Commissioner Joaquin Almunia said that the final decision will be published next week. The deal is likely to be approved.
December 8, 2012
Croatia: EU Scepticism Grows
After German officials considered postponing Croatia´s EU accession, Croats become more critical to the European Union.
December 8, 2012
Czech Republic: Klaus Rejects ESM
Czech Republic´s President refuses to grant consent to the ESM bill.
December 7, 2012
Juncker´s Succession: Faymann Out of the Race
The talks about the succession of Jean-Claude Juncker as chairman of the Euro-Group are going on. Austria´s Chancellor has only little prospects.
December 6, 2012
EU Approves State Aid for Hypo Group
The EU Commission has no objections against the state aid with a size of € 1.5bn.
December 5, 2012
Measuring Poverty in the EU: third International EU-SILC Conference in Vienna
The third International Conference on EU Statistics about Income and Living Conditions (EU-SILC) will be opened in Vienna on Thursday, 6 December 2012.
December 5, 2012
„Banking System Becomes More Solid“
The chairman of OeNB (Austrian National Bank) Ewald Nowotny thinks that the banking supervision and the Basel III framework will stabilize the financial markets.
December 4, 2012
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