Austrian Economic Policy News and Analysis
Read the latest headlines about policies and laws influencing the business and investment environment of Vienna and Austria
US and Turkey to Establish High-Level Committee For Trade and Investment
US and Turkey intend to boost bilateral relations and trade, President Obama and Prime Minister Erdogan announced.
May 17, 2013
Poland: Tusk Potential Candidate for EU Commission Presidency
Polish Prime Minister Tusk among candidates for President of European Commission
May 17, 2013
Croatia‘s and Hungary‘s Fight About Oil Company Ina
The dispute between core shareholders of Croatian oil producer Ina has started anew.
May 17, 2013
Romania: Significant Decline in FDI
Foreign direct investments in Romania declined 41 percent due to ongoing economic difficulties in Eurozone member countries.
May 17, 2013
Hypo to Require € 1bn This Year
The ailing banking institute Hypo Group in the province of Carinthia will need € 1bn. On Friday, the managing board of Hypo Group will present a restructuring plan to the Finance Minister.
May 17, 2013
Over 2,000 Austrian Companies Now Represented in Slovakia
Lopatka: Agreement reached on Austro-Slovak Business Forum
May 16, 2013
Austria: New Bidder for Hypo Group
Apart from Indian Srei Group, a new interested party has entered the match for the ailing banking institute.
May 16, 2013
Turmoil At Croatian Airlines
Employees of the carrier have been on strike for the third day in a row. Numerous flights, including air travels to Austria, had to be cancelled.
May 16, 2013
Austria: Biggest Investor in Serbia
Serbia encourages Austrian enterprises to further invest in Serbian industries.
May 16, 2013
Spindelegger: “The Danube and Black Sea Regions Will Bring a Vital Impetus for the Future of Europe in Its Entirety”
“Gateway to Europe” Conference in Krems, Austria
May 16, 2013
Three Major Energy Companies to Withdraw from Poland
After ExxonMobil two other huge energy enterprises left Poland after unsucessfully drilling for shale gas.
May 16, 2013
Bulgaria’s Election Winner To Annul Results
GERB party, winner of the early presidential elections in Bulgaria, announced to file a lawsuit before the Constitutional Court.
May 16, 2013
Voestalpine Hopes for Participation in South Stream Project
CEO Eder announced the Austrian Steel Manufacturer was leading “intensive” talks with Russian energy company Gazprom.
May 16, 2013
Poland: Rescue Loan for LOT Approved
A new law passed on Friday makes it possible to privatize Polish carrier LOT.
May 16, 2013
Austrian Government Desperate to Sell Hypo Group
Without an agreement for a new plan and without more time for the selling of the Eastern affiliates, the crisis-struck banking institute Hypo Alpe Adria Group will not be able to make up the balances anymore, according to Austrian newspaper Presse.
May 16, 2013
Alpine: Dispute in Poland About to Escalate
A dispute about the construction of a bridge has intensified. The construction company Alpine has withdrawn from the contract for the building of a highway segment in Poland.
May 15, 2013
UK Believes Strongly Ukraine Should Be Part of EU
Foreign Secretary Hague affirmed the UK’s support and approval of Ukraine’s reform zeal.
May 15, 2013
Poland: Economy Not to Recover Before July
Polish economy is not expected to rebound as soon as the second half of this year and only on the condition that export partners see a growing GDP rate.
May 15, 2013
Bosnia, Serbia and Turkey to Sign Economic and Trade Agreement
Ministers for trade and economy from Ankara, Belgrade and Sarajevo agreed to improve economic relations in an effort to enhance shared trade.
May 15, 2013
Ukraine and Poland Could Be Future Leaders in Shale Gas Production
Management consultant enterprise A. T. Kearney regards Poland and Ukraine as the future European leaders in the productin of shale gas.
May 15, 2013
Austrian Economy Still Stagnating
The Austrian economy has been stagnating for a year and has avoided recession only just.
May 15, 2013
Serbian – Austrian Cooperation in Social Security Sector
Austrian pension and disability insurance system knowhow particularly useful for Serbia.
May 15, 2013
Austria: EU Competition Authority to Search Agrana
The European competition authority has paid a visit to listed starch and sugar producer Agrana in April.
May 15, 2013
Austria: Labor Restrictions for Croatian Citizens
The Austrian Foreign Ministry announced to use the maximum transitional period of seven years before Croatian citizens can enter the Austrian labor market.
May 15, 2013
Poland: PZU to Acquire Croatia Osiguranje
After years of looking for an opportunity to invest further, PZU, Poland’s major state-owned insurance company, is focusing on aquiring a controlling stake in Croatia Osiguranje.
May 14, 2013
Prolongation of Nabucco Exemption Confirmed
National Regulators Confirm Prolongation of Nabucco Exemption
May 14, 2013
Austria: OeNB Positive About Hypo’s Future
Issuing Bank Director Ittner is confident that it will not come to a liquidation of the ailing banking institute.
May 14, 2013
US Software Producer Oracle to Invest in Romania
US software producer Oracle will invest approximately € 100m in Romania
May 14, 2013
Majority of Czechs Want to Keep the Koruna
A clear majority of Czech citizens reject the Euro and want to keep their national currency, the Czech Koruna.
May 14, 2013
Slovenia Pressed to Take “Swift and Decisive” Actions
On Monday Eurozone Finance Ministers warned Slovenia to take “swift and decisive” action to address its economic imbalances.
May 14, 2013
Austria to Give Up Bank Secret for Foreigners
After years of blocking, Austrian Finance Minister Maria Fekter gave green light to the abandoning of the bank secret for foreigners.
May 14, 2013
Poland: LOT Ready To Be Privatized
A new law passed on Friday makes it possible to privatize Polish carrier LOT.
May 14, 2013
Indian Srei Group to Acquire Austrian Hypo?
Austria is looking for a buyer for the domestic Hypo affiliates. Indian Srei Group seems to have good chances.
May 13, 2013
EU Commission Expects Austria to Agree To EUSD
Head of Eurogroup Jeroen Dijsselbloem expects a constructive approach of Austria in the debate about the automatice exchange of data of tax foreigners in Europe.
May 13, 2013
US: Kerry Announced Support of Ukraine’s EU Integration
US Secretary of State John Kerry announced his support for Ukraine’s move towards an EU membership.
May 13, 2013
Austria: Domestic Banks Reject Taking Over Hypo Group
The task force, appointed for Hypo Alpe Adria Group by the government, held a meeting again today. It is only two more weeks until the suggestions have to be presented to Brussels. Domestic banks reject participating in a bad bank.
May 13, 2013
Russian’s Policy on Belarus: Support As a Means of Subordination
Despite the conflicts and frictions in their bilateral relations, Russia has for years regularly invested in Belarus, according to the Centre of Eastern Studies.
May 13, 2013
CEE/CESEE: Banking Sector on Fastlane
The banking sector in CEE continues to outperform its Western European counterpart.
May 13, 2013
Slovenia Likely To Require More State Funds Than Expected
According to Morgan Stanley, the Slovenian national treasury will need a further amount of € 11bn until 2016. Slovenian Finance Minister Cufer is expected to present the new program in Brussels today.
May 13, 2013
Bulgaria: CEZ to Keep License
Former PM Borisov had been critical of CEZ in Bulgaria. Energy Minister Vasilev annouced the power supplier would not lose its license.
May 13, 2013
Austrian Bank Secret: Faymann Vs. Fekter
Austria‘s agreement to an automatic exchange of data has become a personal match between Chancellor Faymann and Finance Minister Fekter.
May 13, 2013
No Changes in Bulgarian Political Landscape
At the early elections in Bulgaria, Prime Minister Borissov’s Gerb party turns out winner in the early elections.
May 13, 2013
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
CEESE: Economic Growth Stagnant
Orban claims Hungary is the country with the highest growth rate in CEE/CESEE next year.
May 10, 2013
Slovenia: NLB to Fire Workstaff
Slovenia's biggest bank, NLB, is to make up to 700 of its workstaff redundant.
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
Romania Seeks Energy Independence
The Black Sea has huge deposits in gas which Romania wants to use to achieve energy autonomy.
May 8, 2013
Fast News Search
This category only
