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Austrian Economic Policy News and Analysis
Read the latest headlines about policies and laws influencing the business and investment environment of Vienna and Austria
Croatia Abolishes Mobile Service Tax
Today, the Croatian Parliament decided to abolishes the 6% mobile service tax. For Telekom Austria, this means a substantial relief.
July 10, 2012
Economic Report: „Reducing Dependence on Europe“
Today, the Austrian government published its "Economic Report 2012".
July 9, 2012
Nowotny on Greece: „We Do Not Have Unlimited Time“
Ewald Nowotny, the governor of OeNB (Austrian Central Bank) is concerned about the Greek austerity program.
July 9, 2012
Hungary Plans to Boost Economy
With a € 1.0bn programme, the Hungarian government aims to create more jobs and stimulate consumption.
July 9, 2012
OeNB Calls Austrian Banks to Improve Equity Base
Presentation of the 23rd Financial Stability Report of OeNB (Austrian Central Bank): Austrian Financial System Influenced by Tensions in the International Financial Markets.
July 9, 2012
Large Saudi Delegation in Vienna
A memorandum of understanding in Austrian Federal Economic Chamber between the Austrian Republic and the Kingdom of Saudi Arabia will be signed.
July 9, 2012
Alpbach Economic Symposium 2012
From Tuesday, August 28, 2:00 pm to Thursday, August 30, 12:15 pm, the Future of the Social Welfare State in Europe will be discussed at the Alpbach Economic Symposium 2012.
July 9, 2012
Hungary: Negotiations on IMF Loan to be Concluded in Autumn
Since January, the Hungarian government tries to secure a € 15bn loan by IMF and the European Central Bank. A final solution may be found in the next months.
July 7, 2012
Alpbach Legal Symposium 2012
Under the motto “Acceptance of Law in Rapid Decline?”, the Alpbach Legal Symposium 2012 will be held from Monday, August 27, 3:00 pm to Tuesday, August 28, 12:45 pm in the Congress Centrum Alpbach.
July 7, 2012
ESM Approved by Austrian Parliament
The controversial European Stability Mechanism was ratified by the Austrian National Council. The right opposition parties criticized the approval massively.
July 6, 2012
Alpbach Political Symposium 2012 “Providing for Future Generations”
From Sunday, August 26, 3:00 pm to Tuesday, August 28, 12:30 pm, the Alpbach Political Forum will be held in the Congress Centrum Alpbach.
July 6, 2012
ÖIAG Looking for New Leader
After the resignation of Markus Beyrer, the Austrian publicly held ÖIAG (Austrian Industrial Holding) seeks for a new CEO.
July 5, 2012
Alpbach Forum “Lobbying and Networking in the European Union”
From Saturday, August 25, 9:00 a.m. to Sunday, August 26 1:45 p.m, the Alpbach Forum will deal with lobbying and networking in the EU.
July 5, 2012
Global Future - Expectations in Science and Technology
The Alpbach Technology Forum as part of the European Forum Alpbach is the largest platform for a research- and technology-related debate in Austria.
July 4, 2012
IMF: Austria Has Favorable Economic Fundamentals
IMF in Washington DC analyzes Austrian macroeconomic outlook and is satisfied with the consolidation path.
July 4, 2012
Austrian Environmental Minister Against Fracking
Nikolaus Berlakovich thinks that shale gas is no alternative. Fracking would be „extremely environmentally harmful“.
July 3, 2012
„Up to 70% of European Steel Capacities are Endangered“
Wolfgang Eder, CEO of Austrian voestalpine, thinks that the European steel industry faces fierce competition from the East.
July 3, 2012
Banking Supervision: Satisfaction and Criticism
Austrian Members of the European Parliament welcomed the decisions taken by the euro summit. By contrast, the opposition party FPÖ criticizes the result as „final step towards a debt union“.
July 3, 2012
Austria Simplifies Migration of Skilled Workers
A simplified migration procedure for skilled workers in shortage occupations has been in place since 16th June 2012.
July 3, 2012
Alpbach Universities of Applied Sciences Forum 2012
This year, the Alpbach Universities of Applied Sciences Forum will focus on “Lifestyles and social networks”.
July 3, 2012
„Developing Our Traditionally Good Cooperation with Canada Further“
The Austrian State Secretary Waldner meets his Canadian counterpart Diane Ablonczy.
July 3, 2012
„ECB as Only Supervisor Not Likely“
OeNB`s (Austrian Central Bank) Governor Ewald Nowotny does not think that ECB will act as only banking supervision authority.
July 2, 2012
Austria Ratifies ESM
The government parties SPÖ and ÖVP got support by the oppositional Green Party. The remaining opposition parties criticized the „loss of sovereignty“ massively.
July 2, 2012
Austrian Banks in CESEE „Too Ambitious“
For the IMF, Austria´s economy is „well situated“. The austerity package is „adequate“.
July 2, 2012
Hungary: Financial Transaction Tax to be Extended
The Hungarian government plans a growth stimulus program, which should be funded with the extension of the current financial transaction tax.
June 30, 2012
Europe 2040: Challenges and Visions
The Alpbach Perspectives 2012 will be held from Monday, August 20 to Wednesday, August 22 in the Congress Centrum Alpbach.
June 30, 2012
Support for Export-Oriented SMEs
The Austrian Ministry of Finance increased the bill guarantee facility for small and medium-sized enterprises to € 1.2bn.
June 29, 2012
Euro-Crisis Continues
According to RCB, the factional dispute between Germany and France decisive for the eurozone. An easing of the situation is not expected.
June 29, 2012
ÖIAG: No Solution in Sight
Today, the supervisory board of the Austrian Industrial Holding (ÖIAG) had a meeting. A clear strategy will not be found anyway.
June 28, 2012
WIFO Wants Unlimited Firewall
According to the Austrian Institute of Economic Research, the firewall must be big enough in order to make speculation against the euro unattractive.
June 28, 2012
Austria´s Fischer Absolved State Visit in Armenia
The Austrian President Heinz Fischer met his Armenian counterpart Serzh Sargsyan. Both heads of states agreen on deepening economic and cultural relations.
June 28, 2012
Austrian Cultural Forum New York Holds First Fund Raising Concert
New York, 28 June 2012 - The Austrian Cultural Forum in New York is holding its first fund raising concert.
June 28, 2012
Austria Connect Canada 2012
2nd Austria Connect Canada 2012 Conference: Intensive exchange of experiences and views in Toronto on Research and Development.
June 28, 2012
Spindelegger: „Austria Must Delegate Competencies“
The Austrian Vice Chancellor and chairman of ÖVP Michael Spindelegger wants the centralize the European Union.
June 27, 2012
Leitl: „Securing Austria´s Top Ranking“
WKO´s President Christoph Leitl calls for reforms. In order retain Austria´s economic position, reforms should be accelerated and taxes should be cut.
June 27, 2012
Austria Still Blocks Agreement on Taxation of Interest Income
The Commission of the European Union wishes Austria to give up its blockade against a reform of the direction on the taxation of interest income. Austria stands by its oppositional attitude.
June 27, 2012
Biopolitics International Organisation in Vienna
The Biopolitics International Organization, a partner of Vienna Economic Forum, launched an conference themed „Green Governance - Building a Society of Hope.“
June 27, 2012
EU Discusses Growth and Employment Pact
Austria´s State Secretary Waldner at the General Affairs Council in Luxembourg: „Putting and end to the negative spiral“.
June 27, 2012
Austria Appreciates Opening of Accession Negotiations
After the beginning of the accession negotiations with the EU, the Austrian government congratulates Montenegro.
June 26, 2012
Fiscal Pact More Expansive for Austria than for Germany
According to the latest calculations, small Eurozone member states would have to pay higher transfers than Germany.
June 26, 2012
Survival of the Euro Questionable
Regarding the future of the common currency, the Austrian economist Fritz Breuss is highly skeptical.
June 26, 2012
Alpbach Health Symposium 2012
Under the motto “Child and Youth Health: The Future starts today”, the Alpbach Forum starts in August 2012.
June 26, 2012
Schwarzenberg: „Czech Republic Should be Europe´s Hard Core“
The Czech Minister of Foreign Affairs thinks that the Czech Republic should be among the EU´s core nations. This would be the only useful alternative for the country, Schwarzenberg says.
June 26, 2012
Austria and South Korea Celebrate 120 Years of Bilateral Relations
Austria´s Foreign Minister Spindelegger: "Relationships between South Korea and Austria better than ever".
June 26, 2012
„The end of the Euro would mean Europe´s Explosion“
Ewald Nowotny, governor of the Austrian Central Bank (OeNB) reaffirms that Europe needs the Euro.
June 25, 2012
Treichl: „Europe Does Not Need the Euro“
Andreas Treichl, CEO of Austrian Erste Group thinks that the European Union would work very well without the common currency. A common army would be more important.
June 25, 2012
„ÖIAG Should Manage Banking Interests“
Austria´s Finance Minister Maria Fekter wants to upgrade the Austrian state holding ÖIAG.
June 23, 2012
Nowotny: „Bank Aids Rescue Economy“
The governor of the Austrian Central Bank OeNB underlines the necessity of the bail-out of Spanish banks.
June 23, 2012
New IV´s President Dissatisfied with Political System
The corruption scandals oft he past would damage Austria´s reputation as business location, Georg Kapsch thinks.
June 23, 2012
Fekter Promotes Financial Transaction Tax
There was no agreement on a common financial transaction tax in all EU member states. Austria´s Finance Minister Fekter wants to introduce the tax in a group of countries instead.
June 23, 2012
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