Austria and Estonia - Read the latest headlines about bilateral relations in the areas of economy, business, investment, diplomacy, culture and tourism
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Estonia in Austria | Estonians in Vienna | Bilateral Relations

Estonia: Moderate Growth in Exports

According to Statistics Estonia, in 2012 exports of goods increased by 4% and imports by 9% compared to 2011.

February 11, 2013

Austria´s Economic Situation Is „Unfavorable“

Today, the German economic research institute ifo has published a report on the economic outlook in the Eurozone.

February 6, 2013

Baltic Countries: Strong Increase in Retail Trade

In the EU, the volume of retail trade was down by 0.6%. In Austria, turnover in the retail trade sector is decreasing in real terms.

February 5, 2013

Property Market: Baltic Countries Against the EU Trend

Third quarter 2012 compared with third quarter 2011: Euro area house prices down by 2.5%.

January 31, 2013

„Whatever Happens to the Euro, Happens to Our Currency“

In an interview with the Austrian daily newspaper “Kurier”, Latvia´s Prime Minister Valdis Dombrovskis explains why Latvia joins the Eurozone. However, the Latvians are not convinced at all.

January 30, 2013

Bank Austria Centralizes Operations in Baltic Countries

The Austrian subsidiary of Italian UniCredit has shifted the units in Lithuania and Estonia to Latvia.

January 29, 2013

Estonia and Bulgaria Record Lowest Public Debt in EU

Third quarter of 2012 compared with second quarter of 2012: Euro area and EU27 government debt nearly stable at 90.0% and 85.1% of GDP respectively.

January 23, 2013

Baltic Countries: Strong Increase in Industrial Production

Industrial production down by 0.3% in euro area and EU27.

January 14, 2013

CESEE: Airline Industry in Severe Crisis

The airline industry in East and Southeast Europe faces enormous difficulties. Not only Polish LOT needs immediate help.

December 21, 2012

Highest Percentage of Low-Wage Earners in Baltic Countries

One out of six employees in the EU27 was a low-wage earner in 2010. Large differences between men and women, levels of education and types of contract.

December 20, 2012

Labor Costs: Highest Increases in Estonia and Romania

Euro area hourly labour costs rose by 2.0%. In the EU27, labour costs were up by 1.9%.

December 17, 2012

Retail Trade: Highest Increase In Baltic Countries

Volume of retail trade was down by 1.2% in the euro area.

December 5, 2012

Unemployment Decreasing in Baltic Countries

Euro area unemployment rate at 11.7%. EU27 at 10.7%. Austria still records the lowest unemployment quota.

November 30, 2012

CESEE: Social Protection Still Underdeveloped

EU27 spent 29.4% of GDP on social protection in 2010. The lowest ratios were observed in Romania, Latvia, Estonia and Bulgaria.

November 27, 2012

Unemployment: Austria Ranks First in EU

In September, the euro area unemployment rate came at 11.6%. The Baltic countries registered a substantial decrease in unemployment.

October 31, 2012

Estonia: IMF More Optimistic

The Estonian economy is expected to expand by 2.4% this year.

October 18, 2012

Nine Prime Minister Discuss EU Budget in Bratislava

The Prime Ministers of nine countries of Central and Eastern Europe will meet in the Slovak capital on October 5.

October 3, 2012

Public Debt: New EU Members Are More Flexible

Compared to old EU member states, the new member states have more fiscal leeway to overcome the crisis.

September 24, 2012

Latvia: Introduction of the Euro Wobbles

The majority of the Latvians are against joining the Eurozone. The Latvian government is under pressure.

September 22, 2012

EU: Highest Shadow Economy in Bulgaria

A World Bank report shows that the Bulgarian economy is still dominated by illegal work. Among EU-countries, Bulgaria clearly ranks first. Austria has the lowest shadow economy.

September 14, 2012

Austria's Labor Market Opens

As of May 1, 2011 the German and Austrian labor markets open for the new EU citizens. Romania and Bulgaria will follow suit in 2013.

December 30, 2010

CEE Companies in a Turmoil

According to a study by Deloitte, last year Eastern Europe’s top 500 companies showed a clear decline in sales.

September 14, 2010