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Vienna International Community - Top Diplomats - Latest Headlines
Read updated news about key diplomats in Vienna's international community,e.g. changes in diplomatic personnel in Austria & at Austrian representations abroad
EU Commission: Unacceptable Russian Trade Ban
Stefan Füle, EU Commissioner for Enlargement and Neigborhood Policy, expressed his anger at Russia’s measures to ban Ukrainian products from the domestic market.
August 23, 2013
Austria: Leitl Reiterates Criticizm
State Secretary Schieder considers Leitl’s statements “totally out of place”.
August 23, 2013
Polish Airline LOT Puts Pressure on Boeing
Polish carrier LOT is threatening Boeing with claims for compensations. Dreamliner purchased by the airline company were faced with weeks of grounding due to a series of technical problems. Losses are estimated in the amount of up to € 25m.
August 23, 2013
Austria: “Painful Cuts“ at RBI
According to the most recent results, the bank has losses in profits of more then 60 percent. A strict cost reduction program
August 22, 2013
Austria: Fekter Reserved About Further Aids for Greece
In the debate about a third bail-out package for Greece worth billions, Austrian Finance Minister Fekter presented herself restrained.
August 22, 2013
Czech Republic: Zeman Signs Parliamentary Dissolution
Zeman will sign the parliamentary dissolution on August 28. The path is now clear for early elections at the end of October.
August 22, 2013
Ukraine Diversifies Sources of Reverse Gas Supply
Ukraine plans on soon opening two more routes through Romania and Slovakia.
August 22, 2013
RBI Net Profit Below Analysts’ Expectations: Minus 60.5 Percent
Raiffeisen Bank International with consolidated profit of € 277 million in the first half 2013.
August 22, 2013
Turkey: Tear Gas against Demonstrators in Istanbul
The police has once more used tear gas against a new demonstration of critics of the government.
August 21, 2013
Leitl: “Austria Screwed Up”
If the US, as the perpetrator of the financial and economic crisis, shows two percent in economic growth, while Austria only 0.2 percent, then this was a “disgrace”, Leitl announced during the economic forum in Alpbach.
August 21, 2013
Poland: Budget Amendment Passed in Parliament
In order to adapt to the slow economic growth the government has amended the budet by permitting this year’s budget deficit to increase to PLN 16bn as well as approving PLN in spending cut, as announced at a press conferenced on Tuesday.
August 21, 2013
Former Austrian Chancellor to Counsel Serbian Government
Former Austrian Chancellor Alfred Gusenbauer (SPÖ) was invited by the Serbian government to advise and support it on their path to the European Union.
August 21, 2013
Half of Bulgarian Citizens in Favor of New Elections
Only three months after elections in Bulgaria more than half of voters favor new elections, according to a survey. Supporters of the ruling Socialists are outnumbered.
August 21, 2013
Political Dissatisfaction in Poland Grows
Seven out of ten Poles are disappointed with Polish parliament
August 21, 2013
Czech Parliament Votes for New Elections
The Czech House of Representatives has decided its dissolution on Tuesday evening and therefore clears the way for early parliamentary elections, which in all likelyhood will take place on October 25 and 26.
August 21, 2013
Turkish National Bank to Increase Key Rate
In the fight against the downgrade of the Turkish Lira, the Central Bank of the Republic of Turkey (CBRT) has increased the key rate unexpectedly.
August 20, 2013
Czech Ex President Klaus Not to Return to Politics
Contrary to certain rumors, former President Vaclav Klaus does not plan to return to politics.
August 20, 2013
Czech Republic: New Trial for Dissolution of Parliament
The Czech parliament could enable new elections.
August 19, 2013
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
Russia: Rusal to Slip into the Red
Russian metal giant Rusal has to decrease production by 357,000 tons this year due to a drop in prices in aluminium. The company now hopes for state subsidy.
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
RBI´s CEO Sevelda: Drastic Losses in Hungary
Next week, Vienna-listed RBI (Raiffeisen Bank International) will present the results for the first half year of 2013. RBI will put effort into selective growth strategies.
August 17, 2013
Ukraine Reduces Imports of Gas by 35 Percent
From January to June 2013, Ukraine was able to reduce gas import by more than 35 percent compared to the same period last year, according to Ukrainian Statistics Service.
August 16, 2013
Bulgaria: Parliament Outvoted Presidential Veto Against Budget
With the support of the nationalists, the government has won over the Bulgarian President Plevneliev, who intended to avoid higher public spendings.
August 16, 2013
Faymann to Surpass Spindelegger at Trust Index
The APA/OGM trust indest for federal policits in Austria showed an increase of trust for Chancellor Faymann of 2 while Deputy Chancellor and Foreign Minister Spindelegger slips to minus 2.
August 16, 2013
Russia Blocks Imports from Ukraine
Kyiv demands to immediately remove bureaucratic obstacles.
August 16, 2013
Czech Republic: New Elections Expected At the End of October
Prime Minister Petr Necas’ resignation leads to new elections soon. The Social Democrats, who want to introduce the Euro, are potential winners.
August 16, 2013
Cyprus: Bailout Should Have Come Sooner
Cyprus should have applied for an EU rescue package in 2011 to avoid the restrictive terms forced on investors to ensure support, its central bank governor said yesterday.
August 14, 2013
Schieder: “Successful Employment and Regional Economic Policy Has to Be Continued“
Austrian State Secretary rejects unreliable surveys “talking down” Austrian economy.
August 14, 2013
Hungary to Pay Back IMF Credit
A year earlier than necessary € 2.15bn go back to the International Monetary Fund (IMF).
August 14, 2013
Slovenian PM Convinced Agreement on 2014 Budget Will Be Reached
Slovenian Prime Minister Alenka Bratusek is convinced an agreement will be reached regarding changes to the 2014 budget
August 13, 2013
Czech Prime Minister Offers Resignation
Czech Prime Minister Jiri Rusnok has officially filed his resignation six days after a lost vote on confidence.
August 13, 2013
Commerzbank: Austria to Miss Budget Goals
Without a new austerity package, Austria will run up more debts than calculated in the bugdet plan, German Commerzbank says. The country’s AAA ratings are likely to decrease.
August 12, 2013
Czech Republic: Schwarzenberg to Run for Parliamentary Elections
The former Foreign Minister named “autocratic” President Zeman as a motivation.
August 10, 2013
Austria: Spindelegger Wants Reform Government
The next government has to be a “reform government”, according to Austrian Vice Chancellor Michael Spindelegger, since the one in office now has only shown little reform zeal.
August 9, 2013
Austria: Banks Indignant At Chancellor Faymann
Chancellor Werner Faymann has started the election campaign with an attack against the banks. However, CEO of Bank Austria Willibald Cernko points out that the banking industry secures 70,000 jobs in Austria.
August 9, 2013
Romania: Good Prospects for Economic Upturn
In Romania, the inflation forecast for 2013 and for 2014 has been lowered to 3.1 percent which is 0.1 percent less compared to previous figures.
August 9, 2013
Early Elections in Czech Republic Likely
After Czech’s new Prime Minister Jiri Rusnok failed the vote of confidence, there are many indicators that President Milos Zeman will announce early elections.
August 9, 2013
Hungary: Land Reform Evokes Conflict
“Hungarian soil belongs to Hungarian people“. This is the maxim of national-conservative ruling party of Prime Minister Viktor Orban.
August 8, 2013
Czech Government Loses Vote on Confidence
The cabinet of experts of Prime Minister Rusnok only receives 93 out of 200 votes. October may be the month for early elections.
August 8, 2013
Hypo Group: Reason for “Budget Lie”
The situation of ailing bank Hypo Alpe Adria may be worse than assumed. The supervisory board of the bank and the taskforce are discussing about the half-yearly report.
August 7, 2013
Serbia: Attempted Murder on Deputy PM Vucic Prevented
According to Belgrade daily “Nase novine“, Serbian Intelligence Service BIA was able to prevent an attempted murder on Deputy Prime Minister Aleksandar Vucic.
August 7, 2013
Czech Republic: Will Rusnok Remain in Parliament?
Today, August 7, 2013, the members of parliament in Prague will carry out a vote on confidence on the new government of Prime Minister Jiri Rusnok. It is unlikely that Rusnok will remain in parliament.
August 7, 2013
„CESEE Will Come Back“
Andreas Brandstetter, CEO of the Austrian insurance group Uniqa, thinks that Central and Eastern Europe will recover.
August 6, 2013
RBI Considers Withdrawing from Hungary
The Austrian banking group Raiffeisen Bank International wants to focus on other markets. Hungary and Slovenia are shrinking markets, CEO Karl Sevelda says.
August 6, 2013
Bad Bank for Hypo Group?
According to market rumors, Austria´s government wants domestic banks to participate in a bad bank for the nationalized Hypo Group. Finance Minister Maria Fekter denies such reports.
August 5, 2013
CESEE: „Growth Story Did Not End“
In an interview with the Austrian newspaper “Presse”, chairman of the CEESEG supervisory board Willibald Cernko explains that Central and Eastern Europe needs a new growth model.
August 3, 2013
Austria: Verbund to Take Austerity Measures
Only a few months ago, CEO of Verbund Wolfgang Anzengruber promised that “2013 will become the best year in the company’s history”. However, there have been bad news for the energy company ever since.
August 1, 2013
Turkey: Tear Gas Against Protesters Again
Once more, the Turkish police uses tear gas to fight off protesters.
August 1, 2013
Serbia: No Early Elections Despite of Break of Coalition
Dismissal of Finance Minister Mladjan Dinkic. URS is leaving the governmental alliance. Despite of a break of the coalition, there will be no early elections in Serbia.
July 31, 2013
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