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Croatia: Hypo Group Losing Last Industrial Participation
Croatian chemical company Dioki is facing bankruptcy which is why Hypo Group is losing one of the last industrial participations in the country.
October 14, 2013
IMF: „Banks and Companies in a Vicious Circle“
Not only Greece, Spain or Portugal are struggling with a financially stricken banking sector. In Southeastern Europe, the situation is quite similar.
October 11, 2013
Modest Increase in Croatian Purchase Power
Croatian per capita consumer spending is forecast to increase by a modest 18% to 2017.
October 1, 2013
Romania: West Region to Catch Up Economically
Romania's West Region aims to catch up with its more developed peers in the European Union.
September 9, 2013
Croatia: Record Year in Tourism
Croatia will have a record year in tourism says Minister.
September 9, 2013
Serbia: UK Enterprises Likely to Invest in Serbia
70 British companies are interested in investing in Serbia's economy.
September 6, 2013
Turkey Wants to Become 9th Largest Economy by 2050
Turkey is hoping to become the ninth largest economy worldwide by the year 2050. Growth rates will be around 5.2 percent in the years from 2012 to 2017.
August 30, 2013
Wifo: Economic Growth with Brakes On
Economic upswing will take time. Considering the individual branches an uneven picture emerges.
August 9, 2013
Mitterlehner: Romania Offers New Chances for Austrian Economy
Austrian Economy Minister Reinhold Mitterlehner met his Romanian counterpart Varujan Vosganian in Vienna.
June 25, 2013
Significant Trade Surplus in 2012 Reflects Austria's Competitive Strength
Despite the crisis, Austria managed to achieve a significant trade surplus in services in 2012. At the same time it was possible to eliminate Austria's foreign debt in full.
June 4, 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
Positive Development in Austrian Winter Tourism
Current tourism winter season 2012/13: overnights rise by 5.3%
April 25, 2013
Bulgaria: Sofia As Most Affordable Tourist Destination
Huffington Post has nominated Bulgarian capital Sofia to be the most affordable tourist destination in Europe.
April 24, 2013
Global Demand for Tourism Knowhow From Austria
Tourism in Austria is a unique success story. Companies, cities and municipalities from all over the world are profiting from the knowhow of Austria’s tourism experts.
April 23, 2013
Croatia: Greece As A Threat To 2013 Tourism
Last year Croatian tourism proceeds increased 3.2 % on a year-on-year comparision. However, with Greek tourism expected to rebound to pre-crisis standards, the country fears to be left behind in the competition.
April 22, 2013
"Croatia Will Not Benefit From Joining The EU"
Croatia will join the European Union as the 28th member state in a few months. Economists criticize the country for not carrying out enough reforms and only focusing on tourism.
March 22, 2013
Austrian Tourism Industry Performs Well
First half of tourism winter season 2012/13: 2.1% rise in overnights due to non-resident visitors.
February 26, 2013
Austria: Economic Sentiment on the Rise
The Austrian Institute of Economic Research (WIFO) underlines that the economic slowdown comes to a standstill.
February 8, 2013
Austrian Tourism Records New All-Time-High
Tourism in 2012: Almost 131 million overnights mark new all-time-high in number of overnights.
January 25, 2013
Significant Upward Trend in Austrian Tourism Sector
Positive start in winter season 2012/13: 4.15 million overnights in November. The number of guests from Italy and Russia is growing remarkably.
January 4, 2013
WIFO: South Europe Needs New Industrial Policy
The Austrian Institute of Economic Research (WIFO) stresses that Spain, Greece and Portugal need new growth measures instead of austerity cuts.
December 15, 2012
Summer season 2012: Holidaying in Austria Continues to be Very Popular
Over 19 million guests in the 2012 summer season did not only lead to a new record, but also to 65.6 million overnights.
December 6, 2012
Hungary: Tourism Industry Booms
In October, public accommodation establishments saw a 9.1% rise in arrivals.
December 5, 2012
Austria: Services and Tourism Contribute to Increase in Trade Surplus
Austria's trade surplus doubled in the first half of the year to € 3.5bn, despite a fall in goods traffic.
November 13, 2012
Congresses: Vienna Leads the Ranking
Regarding the number of congresses, Vienna still ranks first as event location. The outlook is promising.
September 24, 2012
New Record in Croatian Tourism Sector
In the first eight months of 2012, about 10 million tourists came to Croatia. This is a new record level.
September 15, 2012
Austrian Tourism Has Good Prospects
Start of summer season 2012: 16.8% more overnights and 14.4% more guests in May 2012.
June 25, 2012
Austrian Business Location: Further Slump in Competitiveness
According to the Swiss Management Institute IMD, Austria only ranks 21th among 59 analyzed countries. The Austrian tax policy is the absolute weak point.
May 31, 2012
Erste Group: Poland and Ukraine Benefit from Euro 2012
EURO 2012 investments helped to boost investments in both countries. € 30.2bn invested whereof approx. 90% spent on infrastructure in Poland & Ukraine.
May 26, 2012
New Records for Austrian Tourism
Winter season 2011/12: with 64.3 million overnights still at a high level; new record of 16.4 million arrivals.
May 24, 2012
Great Demand for Austrian Tourism Knowledge in Bulgaria
The Bulgarian tourism industry pushes for an improvement in quality. Austrian AWO brings together Austrian suppliers and potential business partners in Bulgaria.
May 21, 2012
Massive Gap in Purchasing Power
Purchasing Power Parities 2012: Higher travel costs for overseas destinations; Austrians' purchasing power 40–70% above the level in Slovakia, Czech Republic and Hungary.
May 21, 2012
Congresses: Vienna Ranks First
Vienna is still number one worldwide in cities hosting international congresses. The U.S. takes first in the country category.
May 18, 2012
Austrian Labor Market: Most Jobs in SME
The quantitatively most important employer in Austria are still small and medium sized enterprises. Above all, handicraft enterprises are a major pillar for the domestic labor market.
May 12, 2012
Austria Achieved Positive Current Account in 2011
Last year, Austria´s current account reached a surplus of 1.9% of the GDP.
May 4, 2012
Small Growth in Austrian Winter Season
The current tourism winter season 2011/12 recorded a rise in overnights by 2.1%.
April 26, 2012
Moderate Increase in Vienna-held Congresses
3,151 congresses were held in Vienna in 2011. This is an increase by 7.0%.
March 27, 2012
Moderate Growth in Tourism Sector
Current Austrian tourism winter season 2011/12: +4.6% more overnights due to rise in February (+11.7%).
March 26, 2012
Moderate Rise in Austrian Bilateral Trade with Italy
In 2011, Austrian exports to Italy went up by 8.6% to € 9.3bn. After Germany, Italy is Austria´s second largest trade partner.
March 21, 2012
Boom in Viennese Tourism
In January 2012, the Austrian capital registered an increase of 11.5% in tourists. 675,000 guest nights were recorded.
February 20, 2012
Air France to Enlarge Operations in Austria
The loss-making airline is under enormous growth pressure and reorganizes itself. Austria is seen as growth market.
February 16, 2012
Support for AUA´s Management
Christoph Leitl, President of Austrian Chamber of Commerce (WKÖ), shows support for the management of Austrian Airlines.
January 31, 2012
New Record in Austrian Tourism
Tourism in 2011: Almost 126 million overnights (+0.8%); all-time-high in number of arrivals.
January 26, 2012
Austria Increasingly Popular for Arab Tourists
In 2011, Austria registered 580,600 guest nights by Arab tourists. Hence, Austria exceeded Switzerland as touristic destination.
January 25, 2012
New Records for Viennese Tourism
In 2011, the Austrian capital registered 11.4 million guest nights, which is a new record.
January 24, 2012
Austrian Hotel Industry Under Pressure
Over the last years, the domestic hotel industry improved its size, capacity utilization and revenues. However, costs are rising massively.
January 14, 2012
Austrian Balance of Current Accounts Positive
In the first three quarters of 2011, the Austrian economy achieved a strong performance. The balance of current accounts was significantly positive.
January 9, 2012
Thomas Cook Austria Achieves Record Result
The Austrian subsidiary of the Germany Thomas Cook AG recorded a rise in operating profits by 19% in 2011.
January 4, 2012
Tourism: Slight Increase in Capacities
Austria offers 65 200 accomodation establishments and 1.09 million beds for tourists in 2011.
December 28, 2011
Record-Breaking Start of Tourism Winter Season
Austria’s tourism industry registered 3.98 million overnights in November. Arrivals rose by 3.5%.
December 23, 2011
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