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Read updated news about key politicians in Vienna's international community
Austria: Chancellor and Deputy Chancellor Lose in Trust Index
Compared to the results of last month, both Chancellor Werner Faymann and his Deputy Michael Spindelegger have lost the voters’ trust according to the APA/OGM Trust Index that was carried out on a sample of 500 persons.
September 13, 2013
Hypo Needs € 700m in Capital Increase
The ailing banking group needs a further capital injection in order to fulfill the lawful capital adequacy requirements.
September 12, 2013
Lopatka Welcomes Statement by Barroso
Subsidiarity is the precondition for a successful European Union.
September 12, 2013
Turkey: Clashes During Protests
In several Turkish cities, the police violently dispersed protest movements and used tear gas and water cannons. The latest wave of protests was triggered by the death of a 22-year-old young man.
September 12, 2013
Schieder: IMF Confirms SPÖ-Claims
State Secretary for Finances, Andreas Schieder regards the demands by the International Monetary Fund (IMF) as a confirmation of those by the Social Democrats (SPÖ).
September 11, 2013
Turkish Airlines Not Interested in Croatia Airlines
The Turkish airline carrier has denied rumors of acquiring states at Croatia Airlines.
September 11, 2013
Former President of Budapest Stock Exchange New Head of Division at RBI
RBI appoints Attila Szalay-Berzeviczy Head of Group Securities Services Business.
September 11, 2013
Austria: Spindelegger Confident About Becoming New Chancellor
The intense elections campaign for the Austrian People’s Party (ÖVP) has officially started on Tuesday. Deputy Chancellor and party leader Spindelegger promised more jobs and housing space.
September 11, 2013
Czech Republic: One Third to Vote for CSSD
According to a poll, 28 percent of Czechs would vote for the Czech Social Democratic Party (CSSD) if an election was held now.
September 10, 2013
Faymann Underlines Necessity of Property Taxes
Austrian Chancellor Werner Faymann (SPÖ) calls for new taxes. In total, property taxes should bring tax revenues of more than € 2.0bn.
September 9, 2013
Orban on Foreign Banks: „Colonization is Over“
Hungary´s Prime Minister Viktor Orban emphasizes that foreign banks have to pay for foreign exchange loans.
September 9, 2013
Poland: Government Gives Green Light to Budget Draft
The Polish Government has approved the budget plan for 2014 with the deficit gap closing further after a refurbishment of the private pension system.
September 9, 2013
Slovenia Shuts Down Two Small Banks
In order to ensure the stability of its financing sector, Slovenia decided to liquidate two banks, Factor Banka and Probanka. According to state officials, the step was also taken to avoid international bailout.
September 9, 2013
Serbia: Plans to Reform Pension System
Serbia plans reform of pension system by year end.
September 9, 2013
Slovenia: Former Prime Minister Accused of Money Laundering
Former Slovenian Prime Minister Janez Jansa’s image is further tarnished as he is alleged of having paid money to a relative’s bank account.
September 6, 2013
Austria: Spindelegger in Favor of “Creative Model“ for Banks
Deputy Chancellor Spindelegger seems willing to lead open discussions about the extension of bank levies.
September 6, 2013
Serbia: UK Enterprises Likely to Invest in Serbia
70 British companies are interested in investing in Serbia's economy.
September 6, 2013
EU Commission Threatens Croatia with Sanctions Once More
EU Commissioner Reding has not yet resolved the issue with Croatia. She announced to expect an easy change of the law.
September 5, 2013
President of Ukraine Presses for Faster Progess
President Yanukovych urges the parliament to adopt laws for a faster progress to the country’s European integration
September 5, 2013
Haselsteiner as Candidate for NEOS
Austrian party NEOS has added former CEO of Strabag Hans-Peter Haselsteiner as top candidate for the parliamentary elections. Haselsteiner has so far supported the party behind the scenes.
September 5, 2013
Serbia's Government Regards Economy as Priority Issue
"Solving economic problems is a priority of the reshuffled government"- Serbian Prime Minister.
September 5, 2013
Faymann: “Banks Should Pay for Hypo”
Austrian Chancellor Werner Faymann does not consider a new austerity package necessary despite of the threatening billions of Euros for the selling and winding-up of the ailing bank.
September 5, 2013
Lopatka Demands Reform for Austrian Railways
State Secretary Lopatka demands Minister of Infrastructure Bures to tackle the expensive pension system at the Austrian Railways by doing away with privliges for emplyoees in order to unburden tax payers.
September 4, 2013
Slovenian Finance Minister: “Enough Tax Burdens“
On Tuesday, the Slovenian Finance Minister Uros Cufer announced that enough additional tax burdens have been introduced.
September 4, 2013
President Fischer Urges Austria to “Roll Up Sleeves“
In regard to the current election campaigns, the Austrian President Heinz Fischer has urged the parties for joint efforts.
September 4, 2013
Austria: Up to € 11.7bn for Downsizing Hypo Group
Years of discussion went by; now the EU Commission has approved the downsizing plan for nationalized Hypo Alpe Adria.
September 4, 2013
Poland: Tusk Demonstrates Optimism
This year, Poland´s economic growth begins to accelerate. According to Prime Minister Donald Tusk, the growth rate will be higher than 1.5%.
September 4, 2013
Hypo: New Risky Loan Agreements Even in 2012
According to the EU Commission, risky loans were granted by ailing Hypo Group even in 2012.
September 3, 2013
Keuschnigg: “We Already Have The Flat Tax in Austria”
The head of IHS demands tax relief instead of further tax burdens and the adjustment to the inflation rate.
September 3, 2013
Serbian Parliament Approves Cabinet Reshuffle
The Serbian parliament has approved a profound reshuffle of Prime Minister Ivica Dacic’s cabinet.
September 3, 2013
Cyprus: Waiting for the Next Bailout Tranche
Crisis-struck member of the Eurozone Cyprus will have to wait for the next payment out of the bailout-package. Before the next tranche will be transferred the small country has to implement key measures.
September 2, 2013
“Ukraine Will Fulfill Necessary Conditions for SAA”
President Viktor Yanukovych announced during his press conference on August 29 that Ukraine will fulfill the required conditions for signing the Association Agreement with the European Union.
September 2, 2013
Austria: Unemployment Quota Increased to 6.9 Percent in August
The gradual economic recovery has not yet reached the domestic labor market. The number of jobseekers in Austria has increased by 323,111 persons compared to the previous year.
September 2, 2013
Croatia: „Insufficient Move Towards the Positive Direction“
Croatia hopes its economy is moving in the "positive direction".
September 2, 2013
Survey: Faymann Best Chances of Becoming Chancellor
According to a survey carried out for Austrian daily “Standard”, the Social Democrats are gaining in votes while the Austrian People’s Party is slightly falling behind.
August 30, 2013
Romania: Planning on Energy Sufficiency by 2018/19
Gas pipeline between Romania and Moldova is set to become operational this year.
August 30, 2013
Serbia: SMEs Driver for Economy
Serbia's private sector employs 45% of the total number of employees.
August 30, 2013
EU Commissioner Sees First Signs of Economic Turn-Around
EU Commissioner for Economic and Monetary Affairs Olli Rehn can see the first signs of an economic turn-around in the European Union.
August 29, 2013
Romania Claims Compensations for Nabucco
Romania claims EU compensation for abandoned Nabucco project.
August 29, 2013
Austria: Faymann Mocks Schwarzenberg
The Austrian Chancellor reacts to Schwarzenberg’s criticism against Foreign Minister Spindelegger.
August 28, 2013
Poland: Opposition to Gain Support
The percentage of support for leading centrist Civic Platform (PO) under the lead by Prime Minister Donald Tusk dropped to 22 percent in late August.
August 28, 2013
Croatia Backs Down in EU Arrest Warrant
In the dispute about the extradition of a retired officer of the secret service to Germany, Croatia now seems to back down to the pressure put on by the European Union.
August 28, 2013
Czech Republic: Early Elections on Their Way
On Wednesday Czech President Milos Zeman has signed the dissolution of the House of Representatives.
August 28, 2013
Strache: „No New Aids for Greece“
Heinz-Christian Strache, leader of the Austrian Freedom Party (FPÖ), demands that further bail-out funds for Greece should be stopped immediately.
August 27, 2013
Austrian Economy Minister: “No Time for Idle Complacency”
Austrian Minister of Economics and former general secretary of the Austrian Chamber of Commerce (WKO), Reinhold Mitterlehner avoids any dispute with Christoph Leitl, President of WKO but signals a different opinion.
August 27, 2013
Alpine: Former Employees to Receive Wages
Almost 5,000 former employees of bankrupt construction company Alpine can feel relieved as this week the insolvency contingency fund will start with settlements. However, creditors will only be given a rate of five percent.
August 27, 2013
Austria: First Chancellor’s Duel
Chancellor Werner Faymann (SPÖ) and Deputy Chancellor Michael Spindelegger (ÖVP) had their first official chancellor’s duel on TV on Monday. However, people waiting for a major dispute had been disppointed.
August 27, 2013
Poland: Tusk Remains Leader of Civic Platform
With almost 80 percent of votes Prime Minister Tusk wins elections for Civic Platform’s (PO) party leader.
August 26, 2013
EU Commission Threatens Croatia with Sanctions
Only a few weeks after its EU Accession, Croatia is facing threats of sanctions by the EU Commission.
August 26, 2013
2013: Decisive Year for Ukraine
Ukrainian World Congress: European integration as the key to Ukraine’s independence
August 26, 2013
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