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Croatia in Austria | Croatians in Vienna | Bilateral Relations
Austria and Croatia - Read the latest headlines about bilateral relations in the areas of economy, business, investment, diplomacy, culture and tourism
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Hypo Group: Sale of Assets in SEE to Take Forms
The nationalized Austrian bank Hypo Group sells its assets in Southeastern Europe. The SEE-holding company will be established until the beginning of October.
September 29, 2013
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Austria: Fitch Confirms Triple A
Austria´s main weak point is the banking sector, the rating agency criticizes.
September 28, 2013
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Croatia Plans on Increasing VAT by Three Percent
Croatia eyes increased intermediate VAT from 10 to 13%.
September 27, 2013
Croatia: Entry into Schengen Important, Not Decisive
Croatia plans to apply for accession to the Schengen passport-free area in two years.
September 27, 2013
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Croatia: Major Reforms Required for Economic Upturn
Croatia continues to suffer from recession - its economy has not grown since 2008, contracting in 2012 by 2% and in 2013 by 1%.
September 26, 2013
Croatia: Fiscal Situation Deteriorates Further
Due to the weak economy, the budget gap will increase. The end of the recession is still uncertain.
September 26, 2013
Hungary: Competitiveness of Industrial Sector Shrinks
Regarding Hungary´s competitiveness, there is a clear downward trend. This year, Hungary is expected to achieve an economic turnaround.
September 24, 2013
Croatia to Issue Dollar Bonds
In order to cover its foreign exchange needs, Croatia will issue a dollar bond with a size of $ 2.7bn.
September 24, 2013
Czech Enterprises Will Not Cut R&D Expenses
According to a survey carried out by consulting company Deloitte, almost 90 percent of Czech enterprises will keep the amount of expenses in research and development unchanged or even increase the spendings.
September 23, 2013
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Croatia: Foreign Exchange Loan Conversion Costs € 50m
In order to help over-indebted Croat households, the government plans to shift the burden to the banking sector.
September 21, 2013
Fitch: Croatia Cut to Junk Status
Due to the fiscal situation, Fitch cuts the credit rating of the newest EU member country. The economic frame conditions do not leave enough room for reducing the public debt level, Fitch argues.
September 21, 2013
Croatia: No End of Recession in Sight
For the seventh quarter in a row, Croatia´s GDP was down. The main problem is the weakening domestic consumption and the high unemployment quota.
September 19, 2013
EU Commission to Sanction Croatia
The EU Commission is determined to start sanction against the newest member of the European Union, Croatia.
September 16, 2013
Croatia, Slovenia and Italy in Favor of Closer Cooperation
Italian, Croatian and Slovenian PMs push for stronger cooperation.
September 16, 2013
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Boom in CESEE Will not Return
In the next years, the growth rates of the pre-crisis will not come back in the CESEE region. For the banking industry, the region is still a substantial risk factor.
September 14, 2013
Turkish Airlines Not Interested in Croatia Airlines
The Turkish airline carrier has denied rumors of acquiring states at Croatia Airlines.
September 11, 2013
Croatia: Record Year in Tourism
Croatia will have a record year in tourism says Minister.
September 9, 2013
Croatia: New Trial for Pre-Bankruptcy Settlement
Croatia giving fourth chance to reach pre-bankruptcy settlement.
September 6, 2013
Another Austerity Package in Austria?
Due to the dismal situation of nationalized banks, the economist Christian Keuschnigg anticipates another austerity package after the election at the end of September.
September 6, 2013
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RBI to Take Over Croatian Subsidiary Completely
Vienna-listed Raiffeisen Bank International holds 75% of its Croatian subsidiary. RBI confirmed that the remaining shares of Croatian subsidiary will be acquired.
September 6, 2013
EU Commission Threatens Croatia with Sanctions Once More
EU Commissioner Reding has not yet resolved the issue with Croatia. She announced to expect an easy change of the law.
September 5, 2013
Transport & Logistics - DB Schenker to Expand its Operations in Croatia
Simultaneously with the accession of Croatia into the EU, and thus the abolition of customs borders between Croatia and the EU countries, Schenker positions itself on that market as a potential logistics partner.
September 3, 2013 · Sponsored Content
Slovenia: Telekom Austria Hesitates
The Vienna-listed Telekom Austria Group has two major growth opportunities in Slovenia. Slovenian Telekom and Telemach are for sale.
September 3, 2013
Croatia: „Insufficient Move Towards the Positive Direction“
Croatia hopes its economy is moving in the "positive direction".
September 2, 2013
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EU Approves Hypo Group´s Restructuring Plan
The re-privatization of the Austrian publicly held banking group was approved by the Commission. According to the Commission´s report, Hypo Group´s expansion strategy was highly dangerous.
September 2, 2013
Hypo Group Considers IPO
The Austrian nationalized bank takes an IPO of its Eastern subsidiaries into account.
August 31, 2013
Croatia Backs Down in EU Arrest Warrant
In the dispute about the extradition of a retired officer of the secret service to Germany, Croatia now seems to back down to the pressure put on by the European Union.
August 28, 2013
EU Commission Threatens Croatia with Sanctions
Only a few weeks after its EU Accession, Croatia is facing threats of sanctions by the EU Commission.
August 26, 2013
Faymann: Joint Combat against Unemployment
During a meeting with Slovenian Prime Minister Bratusek and Croatian Prime Minister Milanovic and Austria’s second biggest city Graz, Austrian Chancellor Faymann pointed out the governments’ key tasks.
August 23, 2013
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Austria: Kranebitter to Leave Hypo Group
After three and a half years, Gottwald Kranebitter steps back as CEO of nationalized Hypo Alpe Adria. Tax payers are left with a burden running in the billions in the years to come.
August 19, 2013
Telekom Austria Has Still Growth Plans in Serbia
According to market rumors, the Vienna-listed telecommunication group is interested in taking over Serbia Broadband.
August 17, 2013
Raiffeisen Bank International AG - SWOT Analysis & Company Report
This report contains in depth information and data about Raiffeisen Bank International AG and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast data and a SWOT analysis.
August 8, 2013
Credit Crunch in CESEE?
The capital outflow in the CESEE region accelerates. The European Bank for Reconstruction and Development (EBRD) fears negative consequences for the real economy.
August 7, 2013
Croatia: Foreign Currency Loans No Danger for Banks
About 8% of the loan portfolio in Croatia consists of Swiss franc loans. Banks would be able to bear losses.
August 5, 2013
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Croatia: Upwsing Depends on Return of Investors
Vedrana Jelusic, head of EBRD Croatia, thinks that Croatia benefits from the joining the EU. Introducing the euro is no issue yet, she told “Wirtschaftsblatt”.
August 3, 2013
S&P: Croatia Downgraded Again
The rating agency puts the outlook on Croatia from „stable“ to „negative“. The rating remains unchanged.
August 2, 2013
Croatia Might Join Schengen Zone in Three Years
Croatia to start procedures for no-passport zone in 2015.
July 25, 2013
Croatia Receives Major Loan from EIB
The European Investment Bank grants a € 250m loan for the new EU member.
July 23, 2013
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Bulgaria: South Stream Offers 6,000 New Jobs
South Stream Bulgaria´s CEO Georgi Gegov stresses the economic effect of the new gas pipeline from Russia to Western Europe.
July 18, 2013
CNB Expects Croatian GDP to Contract Remarkably
The Croatian National Bank forecasts a GDP decline of 1.0% in 2013.
July 17, 2013
Erste Group Bank AG - SWOT Analysis & Company Report
This report contains in depth information and data about Erste Group and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast data, SWOT analysis, plus data on key events.
July 12, 2013
Dispute about Ina in Hungary and Croatia Escalates
The Croatian prosecution is once more investigating due to bribe payment to former Prime Minister Sanader. Head of Mol, Hernadi, is faced with a possible detention order.
July 11, 2013
Croatia: Majority of Croatian Citizens Approve of EU Membership
67.1 percent of Croatians support country's membership in EU.
July 9, 2013
CEE Slowly Escapes Economic Crisis
Slovenia, Croatia and the Czech Republic have slipped into recession. Experts are particularly worried about the newest EU member.
July 4, 2013
CESEE: GDP Growth in 2013 Weakest Since 2009
CESEE financial markets influenced by global liquidity debate.
July 4, 2013
Croatia To Issue Licenses for Exploration of Oil and Gas
Croatia plans to issue lucrative concession for the production of oil and gas from 2014 on.
July 2, 2013
Faymann: Croatians Realistic With EU Membership
Austrians have a positive attitude towards Croatia’s new membership.
July 1, 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
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