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Vienna International Community - Top Politicians - Latest Headlines
Read updated news about key politicians in Vienna's international community
Kotian: “Growth in CEE is Accelerating“
In an interview with Austrian daily “Wirtschafts-Blatt”, CEE expert at Erste Group, Juraj Kotian, points out that the bond market is expected to see growth supported by the successful reduction of debts and high economic growth.
January 20, 2014
Austrian Banks to Resist Further Burdens?
Podium discussion at Viennese law firm Binder Grösswang.
January 20, 2014
Austrian Office Market: Boom is Over
The increase in new construction has reached a new low. According to Bernhard Reikersdorfer (CEO of Remax Austria), the price situation will remain stable.
January 20, 2014
Mitterlehner: „Hypo Group Must Not Burden State Budget“
Austria´s Minister of Economics underlined that the Austrian government is looking for an effective and cost-saving solution for the nationalized Lender Hypo Group Alpe Adria.
January 20, 2014
Austria Far from Reaching Fiscal Targets
Josef Moser, President of the Austrian Audit Court fears that the zero deficit cannot be achieved until 2016.
January 18, 2014
„Hungarian Economy Must be Rearranged“
István Töröcskei thinks that the Hungarian banking sector is highly interesting. In general, the financial sector must help to develop the Hungarian economy, Töröcskei argues.
January 18, 2014
Croatia: “Loose Monetary Policy Shows First Signs of Success”
Boris Vujcic, governor of HNB (Croatian National Bank) thinks that the quantitative easing policy works.
January 17, 2014
Czech Republic: Sobotka Sworn in as PM
Head of the Czech Social Democrats (CSSD), Bohuslav Sobotka, was sworn in as new Prime Minister by President Milos Zeman on Friday afternoon.
January 17, 2014
Slovenia: Controversies over Ambassador’s Statements
Joseph Mussomeli, US ambassador to Slovenia, needs to justify himself to the Slovenian Foreign Ministry over his statements about the country’s independence.
January 17, 2014
Hungary: Forex Loan Problem to be Solved
According to the Hungarian National Bank (MNB), the problem of the foreign-exchange loans could be solved in the next half year.
January 17, 2014
Audit Court Criticizes Austrian Government Sharply
Josef Moser, president of the Austrian Audit Court, has sharply criticized the government’s resolution.
January 17, 2014
WSE to Become Regional Leader?
The Warsaw Stock Exchange (WSE) hopes to take over a “dominant” role in trading in Central Europe, as announced by GPW, the bourse’s operator, on Thursday.
January 17, 2014
Bank Levy: Austrian Regional Banks Under High Pressure
The Austrian government will raise the bank levy significantly. Smaller banks have to perform disproportionately high taxes, Oberbank´s CEO Franz Gasselsberger says.
January 16, 2014
BayernLB Bought Hypo Group Alpe Adria above Value
Apparently former member of BayernLB’s supervisory board acquired Hypo Group Alpe Adria above its value.
January 16, 2014
Immofinanz: Good Prospects for 2014
Immofinanz is one of the major real estate enterprises in both Austria and Europe.
January 16, 2014
Austria: What Happened to the Budget Gap?
The question remains even after the government was confirmed and the first tax package presented.
January 16, 2014
Bulgaria: Loan Portfolios Expected to Increase
The increase in industrial production will have a positive effect on the number of loans taken out.
January 16, 2014
Causa Aliyev: Austrian Justice Minister under Pressure
Austrian Justice Minister Brandstetter has registered more former members of the Kazakh secret service than was previously known.
January 16, 2014
Austria Inflation Rate Dropped in 2013
Last year the overall annual inflation rate dropped to 2.0 percent after 2.4 percent in the previous year.
January 16, 2014
Expansion Course of Austrian Banks Slowed Down
After the financial crisis cooled down the expansion course of Austrian banks in CESEE countries was dampened down.
January 16, 2014
S&P: Polish Banks to Remain “Strongly Profitable”
In 2014’s outlook on Polish banks rating agency Standard&Poor; announced that Polish banks are expected to benefit from an ongoing economic recovery and remain “strongly profitable”.
January 15, 2014
Sajdik New Chairman of UN ECOSOC
The Austrian diplomat Martin Sajdik became President of the Economic and Social Council, which is one of the most important bodies of the UN.
January 15, 2014
Property Market: Vienna More Attractive than Berlin or Munich
Compared to German metropolises, the Viennese property market has still a significant upside potential. Nevertheless, the office market in Vienna is expected to stagnate in the next few years.
January 15, 2014
Bank Austria Declines Selling Plans in Ukraine
CEO of Bank Austria, Gianni Franco Papa, rejects rumors about Bank Austria intending to leave the Ukraine.
January 14, 2014
CA Immo: Operating Performance above Expectations
CA Immo: Strong performance in 2013 boosts profitability and share price development.
January 14, 2014
Nowotny Sees Growth Potential in Eurozone and CEE
According to Ewald Nowotny, governor of the Austrian National Bank (OeNB), the outlooks for economic upturn in the Eurozone and Central/Eastern Europe have improved significantly compared to only a year ago.
January 14, 2014
Bank Austria Generates Fresh Capital
On Monday, January 13, UniCredit Bank Austria issued its first mortgage bond for 2014 to strengthen its capital base.
January 14, 2014
CESEE: Lack in FDI Causes Modest Economic Growth
The International Monetary Fund (IMF) is cautiously optimistic about economic growth in CESEE.
January 14, 2014
Austria: Expert Paper for Hypo Group’s Bad Bank
An expert paper about possible downsizing options for state-controlled problem bank Hypo Group Alpe Adria is expected to be handed in to the government until the middle of the week.
January 13, 2014
Serbia Facing Testing Year
The Serbian government is currently working on a plan to improve the competitiveness of domestic enterprises.
January 13, 2014
Austrian Budget Planning to be Completed in May
The six groups in the National Assembley have agreed to the parliamentary plan for the first half year of 2014.
January 13, 2014
Austria: VBAG Not to Receive Further Aids
Ailing banking institute VBAG of the Austrian Volksbanken Group will not be granted further state aids.
January 13, 2014
Poland: Finance Minister Optimistic About Growth
According to Finance Minister Mateusz Szczurek, economic growth in Poland could exceed three percent year-on-year in 2015.
January 10, 2014
Austria: Hypo Group Looking for New CRO
Deputy CEO and chief risk officer of Hypo Group Wolfgang Edelmüller will resign as of the end of February.
January 10, 2014
Czech President Announces Appointment of Government
After months of disputes between the election winner and Czech President Milos Zeman, the date of the appointment of the new government was announced.
January 10, 2014
Austria: Wifo Expert Calls for Structural Tax Reform
According to Wifo-expert Schratzenstaller, the planned tax burdens on tobacco and automobiles are “largely useful”.
January 10, 2014
RBI: Change in Shareholdings Expected
The announcement to increase capital by Raiffeisen Bank International (RBI) did not come as a surprise. However, experts and investors did not expect such a high volume (up to € 2.5bn) and fear a dilution in shareholdings.
January 10, 2014
Slovenia: 2014 Credit Line of € 7.7bn
On Thursday the Slovenian government adopted a budget financing plan which includes this year’s credit line of up to € 7.7bn.
January 10, 2014
Austria: VIG to Sell Stakes in Porr
Listed Vienna Insurance Grop (VIG) downsizes its stake in Austrian construction company Porr, which is also listed at the Vienna Stock Exchange.
January 9, 2014
Poland: Key Interest Rate to Remain Unchanged
As expected, the key interest rate will not be changed. According to Marek Belka, governor of the Polish National Bank (NBP), there was no need in monetary interventions.
January 9, 2014
Eurozone: Further Capital Injections at Banks Expected
The Council of the European Central Bank (ECB) is holding a summit today. The low inflation rate in the Eurozone is still a dilemma for the monetary authorities.
January 9, 2014
Hungary: Austrian Farmers Still Left in the Dark
There is still no clarification in the controversial Hungarian land law for Austrian farmers and land owners.
January 9, 2014
Slovenia: Growth through Diplomatic Network
Slovenian Finance Minister Karl Erjavec assured that throught diplomatic network the country’s economy will still be supported.
January 9, 2014
Orco Property Group: Cut in Number of Board Members
Shareholders of Luxembourger real estate company Orco Property Group voted to cut the number of board members from nine to five on Monday.
January 8, 2014
Austria: First Tax Package to Be Presented
The Austrian government intends to present the first tax package tomorrow.
January 8, 2014
Sobotka Presses for Appointment of Czech Government
As reported by Czech news agency CTK, party leader of the Czech Social Democrats (CSSD) Bohuslav Sobotka will get together with President Milos Zeman to request a fast appointing of the new government.
January 8, 2014
Slovenia: Calls for Reforms Become Louder
The Slovenian Chamber of Commerce (GZS) calls upon the government to accelerate the realization of reforms to boost economic growth.
January 8, 2014
Hungary: SZKB to Take over Hungarian RBI?
Hungarian Economy Minister Mihaly Varga considers it unlikely for Szecheny Commercial Bank (SZKB) to take over the Hungarian affiliate of Raiffeisen Bank International (RBI).
January 8, 2014
Serbia: One of Fastest Growing Economies
Last year Serbia was among the ten fastest growing economies in Europe, as pointed out by Deputy Prime Minister Aleksandar Vucic.
January 8, 2014
Hungary Amending Figures of Budget Deficit
Hungarian Finance and Economy Minister Mihaly Varga announced that the budget deficit of 2013 will be below the target after it was lowered dramatically.
January 8, 2014