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

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

Slovenia: Jansa Receives Support

Slovenian Prime Minister Janez Jansa receives support from his party SDS. The government crisis continues, though.

January 10, 2013

Serbia to Sign Loan Agreement with Russia

Tomorrow, Serbia´s Minister of Finance Mladjan Dinkic will visit Moscow.

January 10, 2013

Nowotny Expected to Remain for Full Term

Finance Minister Fekter thinks that Nowotny will not resign before the end of his new term.

January 9, 2013

Slovenia: Government in Crisis

After severe allegations of corruption, Slovenia´s government is under pressure.

January 9, 2013

NBP Plans Further Interest Rate Cuts

Further interest cuts are likely, NBP´s governor Marek Belka told FT in an interview.

January 8, 2013

Hungarian Opposition Optimistic to Come to Power in 2014

Hungary´s opposition leader Attila Mesterhazy seems to be convinced that Prime Minister Orban will be replaced in 2014.

January 8, 2013

Rostowski Initiates Debate on Eurozone Accession

Poland´s Minister of Finance Jacek Rostowski wants to define a criteria catalogue for Poland in order to create the accession “safe and advantageous”.

January 7, 2013

Nowotny Remains Governor of OeNB

According to insiders, Ewald Nowotny will be re-elected as governor of Austrian National Bank (OeNB).

January 7, 2013

„No Tax Reform Before 2016“

Christoph Leitl, President of the Austrian Chamber of Commerce, emphasizes that the government should focus on austerity measures.

January 4, 2013

Vienna Stock Exchange: Management Demonstrates Optimism

Birgit Kuras, CEO of Vienna Stock Exchange, is satisfied with the performance of the Austrian main index ATX.

December 30, 2012

„We Have to Prove Ourselves in 2013“

Jaan Albrecht, CEO of Austrian Airlines, expects that the Austrian subsidiary of German Lufthansa will not need further financial aids from its holding company.

December 29, 2012

Outlook: Europe Remains Under Threat

The European debt crisis will remain a major issue, Austrian Erste Group says.

December 28, 2012

Nowotny Puts Pressure on Austrian Government

Ewald Nowotny, governor of Austrian National Bank (OeNB) wants the Austrian government to continue the austerity course.

December 28, 2012

„We Have to Work Longer“

Christian Keuschnigg, director of the Austrian Institute of Advanced Studies (IHS) demonstrates optimism.

December 27, 2012

RZB: „Hypo Group Is No Issue“

Walter Rothensteiner, CEO of Austrian RZB (Raiffeisen Zentralbank) will not bid for Hypo Group´s subsidiaries.

December 21, 2012

Voestalpine Leaves Europe Step by Step

The Austrian steel company wants to reduce the dependence on Europe. Growth will take place elsewhere, CEO Wolfgang Eder says.

December 20, 2012

Bank Austria: Poland and Turkey are Most Attractive

According to Bank Austria´s board member Gianni Franco Papa, the performance of CESEE markets is satisfying.

December 19, 2012

Komorowski: “Poland Needs Euro”

Poland´s President Bronislaw Komorowski wants his country to join the Eurozone. Now, the government has to convince the people, he says.

December 19, 2012

Siemens Austria: Dividends Reach € 750m

This year, the Austrian subsidiary of the German technology group recorded a moderate profit decrease.

December 18, 2012

Ponta to Remain as Prime Minister

Despite heavy dispute with Ponta, Romania´s President Traian Basescu announced to swear him as Prime Minister. Basescu has no other choice.

December 17, 2012

Strabag SE Appoints Christian Harder as CFO

Managing Director of STRABAG SE subsidiary BRVZ to join management board of STRABAG SE effective 1 January 2013. Appointment of Thomas Birtel as Deputy CEO.

December 17, 2012

Kazakhstan: „Among the Top 30 in 2050“

Kazakh President Nursultan Nazarbayev predicts an economic boom in the next decades.

December 15, 2012

Banking Union: Czech Republic Cautious

For the time being, the Czech Republic will not join the single supervising mechanism.

December 15, 2012

Gasparovic Meets Klaus

The Slovak President Ivan Gasparovic was officially received by his Czech counterpart Vaclav Klaus.

December 11, 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

Hypo Group Expects Enormous Challenges

„Next year will be very difficult.“ CEO Gottwald Kranebitter says in an interview with “WirtschaftsBlatt”.

December 10, 2012

Belka: “Poland Is Free of Economic Imbalances”

The governor of the Polish National Bank (NBP) admits that the economic slowdown is substantial, but no fundamental problem.

December 6, 2012

Telekom Austria: Reappointment of CEO Ametsreiter Uncertain

The future of Telekom Austria´s top management is still open. Anyway, the company gets a third management board member.

December 6, 2012

Voestalpine Expects Stable Development

Regarding the next quarters, CEO Wolfgang Eder is slightly optimistic. Steel demand will remain stable, he says.

December 6, 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

Banking Supervision: Fekter Calls for Flexibility

Today, the meeting of the Finance Ministers of EU countries was unsuccessful. Austria´s Finance Minister Maria Fekter comments that quality is more important than speed.

December 4, 2012

Faymann as Juncker´s Successor?

Austria´s Federal Chancellor Werner Faymann is said to have relatively good prospects to become head of the Euro Group.

December 4, 2012

Rothensteiner: „No Credit Crunch“

Walter Rothensteiner, CEO of Austrian Raiffeisen Zentralbank, thinks that the capital shortfall of European banks does not limit credit supply.

December 3, 2012

“Eurozone On Stable Ground”

Austria´s Minister of Finance Maria Fekter is optimistic. Spain, Portugal and Ireland are making substantial progress. However, the crisis is not over yet, she notes.

December 1, 2012

„Property Taxes are Nonsense“

Austria´s Minister of Finance Maria Fekter reaffirms that property taxes must be prevented.

November 30, 2012

RHI: 2012 Will be Successful

The Austrian refractory company will record a substantial increase in revenues and earnings, CEO Struzl says. However, results of the fourth quarter are expected to slacken.

November 30, 2012

„Too Many Banks in Austria“

Hannes Androsch, President of the Austrian bank holding Fimbag, warns that Austria´s exposure in CESEE countries is disproportionately high.

November 28, 2012

"There is no alternative to intercultural and interreligious dialogue"

UN Secretary General and high-ranking political representatives and religious leaders attend the opening of the new Dialogue Centre in Vienna.

November 27, 2012

Nowotny: „CESEE Needs New Growth Model“

Ewald Nowotny, governor of Austria´s National Bank (OeNB), thinks that the current growth model for the region is outdated.

November 26, 2012

Austrian Railways: Sale is „No Issue”

Christian Kern, CEO of Austrian Railways (ÖBB) underlines that the company must not be sold.

November 24, 2012

„The Worst Is Over Now“

In an interview with the Austrian newspaper “Die Presse”, Birgit Kuras explains that Vienna Stock Exchange faces an upward trend.

November 23, 2012

Austrian Industrial Federation Wants Higher VAT

Georg Kapsch, President of the Federation of Austrian Industries (I) calls for a VAT increase. The VAT rate remains unchanged at 20% of decades.

November 23, 2012

RBI Threatens to Leave Hungary

The Austrian Raiffeisen Bank International criticizes the burden for the banking sector in Hungary.

November 22, 2012

AMAG: Management Board Reappointed

The Supervisory Board of AMAG Austria Metall AG announces the reappointment of the Management Board members.

November 22, 2012

AUA to Strengthen CEE Network

After Air Berlin decided to reduce the number of flights from Vienna to Eastern European destinations, Austrian Airlines intends to fill the gap.

November 20, 2012

Nowotny: „Not Afraid of Inflation“

Ewald Nowotny, governor of Austria´s Central Bank (OeNB) thinks that the danger of a stagnating economy is bigger than the danger of an increasing inflation.

November 20, 2012

Slovenia to Sharpen Austerity Measures

The Slovenian Prime Minister Janez Jansa announced that the austerity policy will be implemented even more consequently.

November 20, 2012

OMV Underlines Necessity of Shale Gas Production

The Austrian oil and gas group stresses that shale gas may reduce the dependency on Russian natural gas.

November 20, 2012