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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
Bulgaria: Caretaker Government Announced
Three weeks after the stepping down of Bulgaria’s right-of-center government, President Rosen Plevneliev put together an interim government.
March 12, 2013
Mignon (PACE) Praises Serbia For Progresses
Today, president of the Parliamentary Assembly of the Council of Europe (PACE) Jean-Claude Mignon gave credit to Serbia’s progress in the execution of reforms and expressed faith in finding solution for the Kosvo issue.
March 12, 2013
Latvia: Increase for Minimum Wages Turned Down
Prime Minister Valdis Dombrovskis explained that a raise of minimum wages to LVL 303 (€ 428) is not realizable at the moment.
March 12, 2013
Austria: Hypo Group Still Sailing in Stormy Waters
Hypo Group wants a fast selling until the end of 2013. Vending of Italian and CESEE subsidiaries could take longer as the economic situation is not appealing at the moment.
March 12, 2013
Hungary: Former President Urges Successor to Veto
Former President Lazlo Solyom warns his follower, President Janos Ader,in a dramatic speech of the end of checks and balances in Hungary’s political system.
March 11, 2013
Austria: Optimistic Economy Minister Forecasts Economic Growth
In an interview with Wirtschaftsblatt, Austria’s economy minister, Reinhold Mitterlehner, forecasts an economic growth rate of 2 % for the next year, 2014.
March 11, 2013
Bulgaria: „Eagle’s Bridge“-Protests Start Today
Other meetings of protest representatives are taking place in Gabrov today to elect a committee for further negotiations with government.
March 9, 2013
Austria: Opposition Puts Forward Constitutional Challenge
Fiscal Pact undermines sovereignty of parliament and forces the country to severe austerity measures.
March 9, 2013
Hungary: Austrian Farmers on the Verge of Dispossession
A new regulation should help Hungarians prevent from "greedy speculators".
March 8, 2013
CZ: President Klaus Leaving Presidential Office
After having been in office for ten years, Czech President Vaclav Klaus left Prague Castle. Today, Friday March 8, his sucessor Milos Zeman is going to be sworn in.
March 8, 2013
Bulgaria/Romania: Schengen-Entry Postponed
The two countries will not become part of the Schengen-zone in 2013. EU interior ministers meet to discuss problem of “social tourism”.
March 7, 2013
Austria: Hypo Managing Board Warns of Losses
Hypo Group’s managers fear that selling the bank precipitately might lead to additional losses up to € 5bn for the bank and federal state.
March 7, 2013
Austria: Elsner Files Lawsuit in US Supreme Court
Former BAWAG CEO Helmut Elsner filed a lawsuit over $ 1.8bn against members of the Austrian Social Democrat party (SPÖ).
March 7, 2013
Slovenia/Croatia: Agreement over Bank Dispute
After years of debate, there seem to be a final agreement in the fight for the insolvent Ljubljanska Banka. The settlement should pave the way for Croatia’s becoming an EU member state.
March 7, 2013
Hungary: Incoming National Economy Minister Summarizes Targets
Succeeding Minister of National Economy Mihály Varga outlined economic policy cornerstones
March 7, 2013
Hungary: Expropriation of Foreign Farmers
Prime Minister Viktor Orbán announced further steps and plans the dispossession of foreign investors.
March 7, 2013
Leitl: "Restructuring Instead of Cashing in"
Christoph Leitl, head of WKO (Austrian Chamber of Commerce), dismisses further plans for a tax hike. The outcome would be fatal and the economy exposed to threats.
March 6, 2013
Poland: NBP Cuts Interest Rate to Record Low
The council of fiscal policy has cut interests rate down to 3.25 % which is the lowest since Poland’s democratic turnaround in 1989.
March 6, 2013
Bulgaria: Electricity Rate to be Reduced by 7 %
Experts still fear that the reduction in electricity prices will not help stopping protests.
March 6, 2013
Verbund AG: New appointments to the Executive Board
Peter Kollmann becomes new CFO of the Austrian energy supplier. CEO Wolfgang Anzengruber was confirmed.
March 5, 2013
Last Meeting between Klaus and Gasparovic
The Presidents of the Czech Republic and of Slovakia will have a last meeting tomorrow.
March 5, 2013
Austria: New CEO for Alpine
The construction company was saved from bankrupcy and is now looking for a new CEO
March 5, 2013
Slovenia: New Government to be Built
Until March 14, the new administration should be nominated. However, 32 % think that the new head of government will not be able to form a government.
March 5, 2013
Bulgaria: Eagles Briges Civic Association To Be Found in Sofia
Protesters are gathering in the Arena Armeets Hall to differentiate their pleas.
March 4, 2013
Latvia: Eager for the Euro. But ready?
Latvia’s leadership considers adopting the Euro in 2015 or 2016. Despite of showing the fastest economic growth rate at 5.1 % in Europe, there is scepticism Latvian population.
March 4, 2013
Serbia: No Solution to Kosovo Issue Yet
At today’s trilateral meetings in Brussels for the sequel talks about the association Serb municipalities in Kosovo a gloomy atmosphere between the parties is predominant. Neither Serbia nor Kosovo want to step down from their claims.
March 4, 2013
Czech Republic: CNB Fights Against Recession
As the interest rate was cut to a technical zero, the Czech National Bank considers intervening against the crown.
March 4, 2013
Belka and Rostowski “Time to Move Up a Gear”
Governor of NBP (National Bank of Poland) Marek Belka and Poland´s Minister of Finance Jacek Rostowski want to accelerate Poland´s approach to the Eurozone.
March 4, 2013
Turkey: Erdogan Arouses Harsh Criticism by Equaling Fascism and Zionism
At the UN conference in Vienna Turkeys Prime Minister obtained harsh criticism for his speech. The UN distanced itself from the statements.
March 2, 2013
Romania: Corlatean Questions Admittance to Schengen-Agreement
Exterior minister Corlatean shows no more interest in Romania’s joining the Schengen-zone. Several member states disapprove of this idea.
March 2, 2013
Poland: Fiscal Treaty Ratified
Poland´s President Bronislaw Komorowski has signed the EU Fiscal Pact this week.
March 1, 2013
Hungary: Matolcsy Becomes New Central Bank Governor
Prime Minister Orbán nominated the former National Economy Minister as the new governor of the MNB (National Bank of Hungary). Experts are concerned about the stability of the Forinth.
March 1, 2013
Serbia: Prime Minister Dacic Demands Separation of Kosovo
European Union and USA reject any change of boundery on the Balkan.
March 1, 2013
“Business development focus in solid Austrian ties to Qatar”
Austrian State Secretary meets the Emir of Qatar and Qatar’s Foreign Affairs State Secretary for working discussions.
March 1, 2013
UN Alliance of Civilizations Forum in Vienna
The UN Alliance of Civilizations Forum draws a close with the Vienna Declaration. The forum was attended by Heads of State and Global Foreign Ministers.
March 1, 2013
Austrian Budget: Pensions as Risk Factor
Until 2017, the additional burden has a size of € 1.0bn, Austrian Minister of Finance Maria Fekter says in an interview with “Presse”.
February 28, 2013
Slovenia: Bratusek New Head of Government
Today, Slovenia´s Lower House of Parliament has elected a new Prime Minister. Janez Jansa continues to manage the government business.
February 27, 2013
Slovenia: Jansa Remains Prime Minister
Today, Slovenia´s Parliament will elect a new official head of government. However, Jansa will continue the government business.
February 27, 2013
Euro Adoption: Poland Has No Fixed Date Yet
For the time being, Poland wants to meet the Maastricht Criteria. The date for entering the Eurozone will be fixed in 2015.
February 27, 2013
Austria: Wienerberger in the Red
Results for 2012:Group revenues: € 2,356 million (+23% versus 2011). Operating EBITDA: € 246 million (+2% versus 2011). After tax loss: € 41 million.
February 26, 2013
Poland: Rostowki’s Fight for the Euro
Even though Poland’s rating outlook has been revised from “A-“ to “A” by Fitch it still has to face political reforms in order to improve its economic competitiveness.
February 24, 2013
Austria: Felderer Warns of Property Taxes
The economist believes that already the discussion about property taxes is damaging the Austrian business location.
February 23, 2013
Situation in Bulgaria Remains Tense
After the resignation of the Bulgarian government, the political atmosphere is at a tipping point. The protests continue and are broadening.
February 21, 2013
Poland: Rostowski Becomes Deputy Prime Minister
Poland´s government has completed a government reshuffle. Finance Minister Jacek Rostowski was promoted to Donald Tusk´s Deputy Prime Minister.
February 21, 2013
Poland: Rostowski Wants to Cut the Interest Rates
According to Poland´s Minister of Finance Jacek Rostowski, the real interest rates are still too high. Rostowski wants to boost economic growth.
February 21, 2013
Vienna´s Position as CEE-Hub Is Endangered
The number of multinational companies which withdraw their sub-headquarters from Vienna is growing, experts say.
February 20, 2013
Stavros Efremidis New Executive Director of conwert
Stavros Efremidis is responsible for conwert’s operating business in Germany as Executive. Thomas Doll, Executive Director and CFO of conwert, is responsible for the operating business in Austria and CEE.
February 20, 2013
Bulgarian Government Resigns
This step came as a surprise. Before, Prime Minister Boyko Borisov rejected to step down. In April, the country will hold new elections.
February 20, 2013
Austrian Business Location Still Popular
According to a survey carried out by ABA Invest Austria, Austria ranks third in Europe.
February 19, 2013
Fekter Wants to Reduce „Ageing Costs“
Austria´s Minister of Finance Maria Fekter thinks that pension cuts are inevitable. The social democrats reject Fekter´s ideas.
February 15, 2013
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