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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
Austria: Hypo Group Dilemma Requires Highest Form of Diplomancy
Before the deadline of handing in the new restructuring paper, talks with the top of EU Commission are supposed to take place with Austrian politicians.
May 10, 2013
Croatia in No Hurry To Introduce Euro
Croatia would keep the national currency and is in no hurry to introduce the Euro.
May 10, 2013
Slovenia to Raise VAT and Sell 15 State Enterpises
Slovenia has announced to put 15 state companies up for sale and raise VAT in order to acquire revenues and avoid international bailout.
May 10, 2013
Maria Fekter: Hot-Tempered Lady At the Fireplace
Raiffeisen Centralbank (RZB) organized a „fireplace chat“ with Finance Minister Maria Fekter which took place on May 7 in Vienna.
May 8, 2013
Pressure from EU on Orban Increases
EU demands that Hungary withdraws the changes to the constitution.
May 8, 2013
Austria: Task Force for Hypo Group
The Austrian government is going to establish a task force for the nationalized by force problem bank Hypo Alpe Adria Group.
May 8, 2013
EU Commission: Action Plan for Steel Industry in Europe
During his visit to Linz, EU Commissioner for Industry and Entrepreneurship Antonio Tajani announced measures for the steel industry in Europe.
May 7, 2013
Serbia: „Dependent on EU“
Serbia hopes to be able and make the next steps toward an EU membership.
May 7, 2013
Commission: European Economy to Stabilize in First Half of 2013
The economy is projected to return to growth in the second half of 2013. However, annual GDP is forecast to contract by 0.1% in the EU and 0.4% in the eurozone.
May 7, 2013
Semeta Confident Austria and Luxembourg Stop Blocking
EU Tax Commissioner Algirdas Semeta does not expect any blocking by Austria for the loosening of the bank secret for foreigners and the transition to the automatic exchange of information.
May 6, 2013
Slovenia: No Agreement on Fiscal Rule
Coalition and opposition remain divided over the question on when to implement the new fiscal law.
May 6, 2013
Spindelegger: Support for Serbian EU Membership
Vice Chancellor and Exterior Minister Michael Spindelegger has promised full support for Serbia on its way to a full EU membership.
May 6, 2013
EU: Hungary and Slovenia Have to Act Quickly
The European Union issued warnings to Slovenia and Hungary to move quickly.
May 6, 2013
30th Financial Conference - Where are we and where are we headed?
Slovenia will witness further privatisation in 2013
May 6, 2013
Austria: Restructuring Plan for Hypo Group Threatened By Rejection
The restructuring plan of Austrian crisis-struck banking institute Hypo Group is threatened to be rejected by the EU Commission.
May 6, 2013
Rehn: „Everything Needs to Be Done Against Unemployment“
Commissioner Rehn announced the economy would slowly emerge from recession. Stabilization is expected in the first half of 2013.
May 3, 2013
Dacic to Promote for Serbian Economy in US
Serbia's Prime Minister plans economic trip to United States.
May 3, 2013
Albania and Poland to Enhance Diplomatic Relations
Albania's Minister of Foreign Affairs received the Ambassador of Poland, Mr. Marek Jeziorski this week.
May 3, 2013
Czech Republic to Improve EU Relations?
Visits from high EU officials should herald the start of a new era in the relation between the Czech Republic and the EU.
May 3, 2013
Romania: Confident About Economic Recovery
According to a survey, Romanians are among the most confident citizens in Europe about the recovery of their economy.
May 2, 2013
Austria: Commission Wants Roadmap to Hypo’s Future
The EU Commission wants the Austrian government to announce the next steps for Hypo Group until the end of this month.
May 2, 2013
Leitl: „Cut of Base Rate by ECB Important and Necessary Signal“
President of the Austrian Chamber of Commerce Christoph Leitl welcomed the cut of the main refinancing rate to 0.5 percent.
May 2, 2013
Hypo Group to Get a Bad Bank?
Chancellor Faymann confirmed negotiations about the establishing of a bad bank for non-performing loans.
April 30, 2013
Lopatka: „Poland Important Economic Partner and Ally of Austria in EU“
Austrian State Secretary encourages bilateral relations and trade between the two Central European countries as well as improved relations between EU and US.
April 30, 2013
Joint Energy Diversification Plans for Ukraine and EU
Ukraine and EU share Energy Diversification Plans - Energy Community Official.
April 30, 2013
Austria Still With Lowest Unemployment Rate
Euro area unemployment rate at 12.1%. EU27 at 10.9%
April 30, 2013
Austria: Government Shows Unanimity About Banking Secret
Fekter criticized Social Democrats.
April 30, 2013
Cyprus: Parliament to Vote on Bail-Out Package Today
Narrow majority of MPs expected to vote in favor.
April 30, 2013
Asmussen: “New Eurozone Members Will Reap Benefits of Initial Phase”
CEEs and The Crisis: Current Challenges and Benefits
April 30, 2013
2013 IIF Annual Meeting of Central and East European Bank Chief Executives
The 2013 Annual Meeting of Central and Eastern European Bank Chief Executives, hosted by Deutsche Bank AG, will take place on April 28-30 at Deutsche Bank’s office in Berlin.
April 29, 2013
Selling of Hypo Group Would Cost Austria Dearly
The selling of Hypo Group would cost the Austrian state around € 16bn.
April 29, 2013
„Slovenia Can Manage On Its Own“
In an interview with Austrian newspaper Kurier, President of the Slovenian Bankers Association France Arhar stresses that Slovenia is not the new Cyprus.
April 29, 2013
EU Ready to Adopt Measures Over CEZ in Bulgaria
Van Rompuy promised to take actions during his visit in Prague.
April 29, 2013
Eurozone: Household Savings Rate Decreased Significantly
Household saving rate down to 12.2% in the euro area and to 10.7% in the EU27. Household real income per capita fell by 1.1% in the euro area.
April 29, 2013
Business Investment Rate Decreased 19.7 % in Eurozone
Business investment rate down to 19.7% in the euro area and to 19.6% in the EU27. Business profit share down to 37.7% and 37.3% respectively
April 29, 2013
Tax Burden: Austria Above EU Average
The overall tax-to-GDP ratio in the EU27 up to 38.8% of GDP in 2011. Labour taxes remain major source of tax revenue.
April 29, 2013
Austria: Solution for Bank Secret Issue Until May 22
After the recent turbulances within the Austrian government coalition, Chancellor Werner Faymann hopes to find an agreement with the EU concerning the bank secret until May 22.
April 29, 2013
Van Rompuy Encourages Romania to Become Eurozone Member
During his one-day visit to the Romanian capital, President of the European Council Van Rompuy noted Romania’s progress and stressed the importance of a banking union within the Eurozone.
April 26, 2013
EU Commission to Start Proceedings Against Hungary
On Wednesday, Justice Commissioner Viviane Reding told reporters in Brussels that the EU Commission will probably launch infringement proceedings against Hungary.
April 26, 2013
Austria: Faymann Betrays Ignorance
Chancellor Faymann claims not to have known about the controversial letter which has reached the media yesterday. He fears that Austria would now become a “laughingstock”.
April 26, 2013
Austria: Four Conditions For Commission In Return for Bank Secret
In a letter to Tax Commissioner Semeta Austrian Finance Minister Fekter and Chancellor Faymann set the conditions for the agreement of a negotiation mandate with third countries about the exchange of information.
April 25, 2013
Austria: Green’s Motion of Censure Denied
The Green Party’s motion of censure against Finance Minister Fekter was denied by almost all parties in the National Assembly.
April 25, 2013
Poland to Support Serbia's European Integration
Dacic and Tusk agreed on improving cooperations, enhancing bilateral trade and increase Polish investments in Serbia.
April 25, 2013
Poland: Public Deficit Targed Missed
Rowstowski does not expect the excessive deficit procedure to be lifted.
April 24, 2013
Ukraine and Ireland to Sign Double Tax Agreement
Ukraine and Ireland signed a Double Tax Agreement in Kyiv during the official visit of Irish Minister of State at the Department of Finance Brian Hayes.
April 24, 2013
Austrian Greens Put Forward Motion of Censure Against Fekter
The Austrian Greens intend to file a motion of censure against Finance Minister Maria Fekter. Party Leader Eva Glawischnig announced a “match of Greens against Fekter”.
April 24, 2013
Romania: Criticism from EU for Budget Projection
The EU Commission criticizes Romania’s budget projections for the use of EU funds in the time frame between 2014 and 2020.
April 24, 2013
Albania: Under EU’s Watch
Brussels called for further modernizations of the judiciary in Albania before the EU considers Accession talks with the country. Futhermore the union announced to keep a close eye on the elections in June.
April 24, 2013
EU Commission Waiting For Austria’s Decision
The EU Commission expects a uniform stance in regard to Austria’s bank secret and the transition to automatic exchange of information.
April 23, 2013
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