Read the latest headlines about developments in Austrian politics with reference to the international interest
Page 6/85

Austria International Political News | International | EU | Domestic

Sanction Imposed on Expobank

Russian-Latvian Expobank was added to the Canada’s black list.

May 9, 2014

Calls for European Energy Union Become Louder

Polish PM Tusk called for a European energy union. His Hungarian counterpart supports the idea.

May 9, 2014

Wesner: “Failing in Business Does Not Mean Personal Failure”

The start-up culture in Austria is clearly different than the one in the US. On the occation of the May Day, experts, including US ambassador to Austria Alexa Wesner, talked about the differences in the start-up scenes.

May 8, 2014

Verbund: Trying to Get Rid of Sorgenia

The Austrian utility Verbund announced not being willing to invest any further money into loss-making Italian energy group Sorgenia.

May 8, 2014

Prime Minister Edi Rama: Albania’s European Renaissance

Edi Rama, Prime Minister of Albania since 2013 is going to address the Bruno Kreisky Forum in Vienna.

May 8, 2014

Austria: Mitsubishi Takes Over Majority Stake in Siemens‘ VAI

The industrial systems subsidiary of Siemens, VAI with the business location in Linz, is sold to Japanese competitor Mitsubishi Heavy Industries (MHI).

May 7, 2014

EU Council Trying to Find a Way Out of Ukraine Crisis

Ahead of the European Council, which is currently taking place in Vienna under the Austrian presidency, Foreign Minister Sebastian Kurz declared not to expect a solution for the conflict in Ukraine.

May 6, 2014

Pewag Striving for Larger Market Share in US

The Austrian snow chain manufacturer appreciates the label “Made in USA”.

May 6, 2014

Vranitzky: Joining EU One of the Most Courageous Steps

A symposium showed the EU Accession process of Austria in the early 1990’s in a new light.

May 6, 2014

“US Rolls Out Red Carpet for Austrian Industrial Enterprises”

Potential Austrian investors are attracted with many incentives such as low energy costs, few bureaucratical hurdles and excellent infrastructure.

May 5, 2014 · Updated: May 6, 2014; 13:25

Agenda Austria 2020: Economy = State

The think tank Agenda Austria 2020 is currently tackling the question what the “economy expects from the state”.

May 5, 2014

Federation of Industries: “Industrial Compact“ for European Competitiveness

The Austrian Federation of Industries (IV) considers the EU entry of Austria as the basis of prosperty and economic growth in the past years. However, now reforms are required to catch up to a global level.

May 5, 2014

Slovenia: Bratusek Remains PM for Time Being

The date of the early elections in Slovenia will be determined this weekend.

May 3, 2014

Hypo Group: Shady Deals with Balkan Diplomats

The Austrian problem bank Hypo Group has troubles recovering debts.

May 3, 2014

Bank Austria: “Russia is Still Profitable”

According to Vice CEO of Bank Austria and head of business operations in CEE Gianni Franco Papa, business in Russia is not yet affected by the political crisis in Crimea.

May 2, 2014

Slovenian Banka Celje Needs Further State Aids

Because of the failed capital increase in the amount of € 160m, Banka Celje is requiring further state capital.

May 2, 2014

Austria: Hypo Group Investigation Committee to be Established?

Will the Austrian government soon give in to establishing an investigation committee for problem bank Hypo Group?

May 2, 2014

Fitch Upgrades Rating for Slovenia

Fitch Ratings has revised the Outlook on Slovenia's Long-term foreign and local currency Issuer Default Ratings (IDR) to Stable from Negative and affirmed the IDRs at 'BBB+'.

May 2, 2014

New Serbian Government Wants Speedy EU Accession

The new Serbian government is determined to accelerate the EU accession progress.

May 2, 2014

Majority of Czech Entrepreneurs Want Euro

According to a survey, more than three quarters of Czech entrepreneurs are in favor of the country adopting the Euro.

April 30, 2014

Austria Gives up Bank Secret for United States

Austria and the US have signed an agreement for the exchange of fiscal data. However, the agreement could be renewed soon.

April 30, 2014

Hypo Group Further Losses to Be Expected

Huge losses by the sale of the SEE banking network could be expected.

April 30, 2014

EU Enlargement: A Success Story for Central Europe

Austria is one of the main beneficiaries of the EU enlargement of 2004.

April 30, 2014

Situation for Austrian Banks in Russia is “Sensitive”

According to the latest statistics, Austrian banks are considerably more engaged in Russia than assumed so far. Debts to domestic financial institutes amount to € 50bn.

April 29, 2014

Slovenia: Early Elections Announced

Contrary to the expectations Prime Minister Alenka Bratusek will remain in office after her defeat in the power struggle with party member of Positive Slovenia (PS) Zoran Jankovic.

April 29, 2014

Spindelegger: “Arsonists Are to Blame Not Fire Brigade”

The downsizing of ailing bank Hypo Group Alpe Adria is a heavy burden for this year’s budget. According to Finance Minister Spindelegger, the deficit comes at 2.7 percent of GDP while public debts will soar.

April 29, 2014

Polish Banking Sector: “Too Early for Recovery”

The Polish banking sector has to be patient for economic recovery to show on their results.

April 29, 2014

Future of Slovenian Government Still Uncertain

Early elections expected to be held in the fall.

April 29, 2014

Austrian Banking Sector Making Losses

For the first time in 2013, the Austrian banks made losses in the amount of € 1.035bn.

April 29, 2014

Hypo Group: Huge Burden for Austrian Budget

The downsizing of problem bank Hypo Group Alpe Adria is a huge burden for this year’s budget.

April 29, 2014

Slovenia: ”Everything Will Stand Still”

Due to the current political crisis the fear about devastating impacts on the Slovenian economy is high.

April 28, 2014

Austria: Is Spindelegger Suitable as Finance Minister?

On Tuesday the Austrian Finance Minister will hold his first budget speech. Initial figures reveal record debt levels.

April 28, 2014

Serbia: New Government Taking Drastic Measures

New head of the Serbian government Aleksandar Vucic has ambitious plans to reform the state and restructure state finances.

April 28, 2014

Slovenian Government to Collapse

After the Prime Minister Alenka Bratusek has lost the crucial vote against Zoran Jankovic, the Slovenian coalition is close to break apart. The ailing country faces new elections.

April 26, 2014

Budget Deficit: Austria Threatened with Penalty

Due to the capital injections into the distressed lender Hypo Group, Austria´s 2013 budget deficit will exceed the 3.0% threshold. According to Finance Minister Spindelegger, Austria might face an excessive deficit procedure.

April 25, 2014

Slovenian Coalition in Danger

Prime Minister Alenka Bratusek may lose her job. The governing Slovenian party PS is preparing for a crucial vote.

April 25, 2014

Austria: Bank Levy Begins to Wobble

Austria´s Minister of Economics Reinhold Mitterlehner proposed to reduce the bank levy. The coalition partner, the social democrats, is surprisingly open to talks.

April 25, 2014

„Brussels Must Reconsider Enlargement Policy“

Austrian Minister of Foreign Affairs Sebastian Kurz criticized the EU´s approach towards Ukraine. However, the EU has to develop further.

April 25, 2014

Croatia Faces Radical Fisal Measures

The fiscal situation of the Balkan country and youngest EU member state is disastrous. The Croat government announced to introduce new taxes.

April 25, 2014

Poland Fears War in Ukraine

According to Poland´s Prime Minister Donald Tusk, Poland should prepare for the worst case in Ukraine.

April 25, 2014

Austrian Public Debt Almost at 80% of GDP

The Austrian public debt burden will reach a new all-time high at the end of the current year. The challenging fiscal situation is partly attributable to the capital injections into Hypo Group Alpe Adria.

April 24, 2014

Do Taxes Justify a Relocation of Business?

Tax sensitive business operations should be relocated to other areas if necessary, according to the head of Erste Bank Austria.

April 24, 2014

Austria: Difficult Market Situation for Selling Bawag

The selling of Bawag PSK proves difficult for its owner which is why an IPO is considered a realistic phasing-out scenario. However, experts doubt that an IPO will be a “highflyer”.

April 24, 2014

Poland: BNP Paribas Bank Polska Hopes for Higher Profits

Because of the merger with BGZ Bank BNP Paribas Bank Polska, the Polish branch of the French financial giant, expects a growth of return on equity (ROE) in the double-digit figures.

April 24, 2014

Eder: Policy-Makers Have to Make Decisions

Wolfgang Eder, CEO of Austrian steel manufacturer voestalpine, claims not to have heard anything from the Austrian policy makers after he raised criticizm with regard to the Austrian business location.

April 24, 2014

Vienna Real Estate Market Hopelessly Overstrained?

Real estate trustees in Vienna demand a limit to state-subsidized apartments and call for “unrestricted” rents.

April 23, 2014

Slovenia: List of Debtors of NLB Published

The Slovenian bad bank BAMC (Bank Asset Management Company) has published the list of debtors of the country’s two largest banks, which are responsible for the disaster of the state-controlled banks.

April 23, 2014

Struggling Insurance Industry

Despite favorable results last year the European insurance market has to face a number of adverse factors.

April 23, 2014

Serbia: “Huge Challenges Ahead”

President Tomislav Nikolic appointed Aleksandar Vucic to form a new Serbian government.

April 23, 2014

Austria: Calls for Reduction of Bureaucracy Become Louder

Bureaucratic hurdles burden the Austrian enterprises the most apart from taxes and other levies.

April 23, 2014