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Austria International Political News | International | EU | Domestic
Read the latest headlines about developments in Austrian politics with reference to the international interest
Erdogan Considers Leaving U.N.
Turkey´s Prime Minister Recep Tayyip Erdogan puts pressure on the United Nations. The representation of the Security Council is not balanced, Erdogan criticizes.
August 26, 2013
Czech Republic: Early Vote No Danger for Sovereign Debt Rating
The current instable political situation is no significant risk factor for the Czech rating yet, the U.S. rating agency Fitch says.
August 25, 2013
Adria Airways to be Acquired by China Southern Airlines
Chinese Southern Airlines wants to gain a foothold in the Slovenian air traffic sector. Besides Adria Airways, Ljubljana Airport will be privatized.
August 25, 2013
Austria: Fekter Does Not Publish Controversial Industrial Location Study
According to a recent study on the quality of Austria´s industrial location, the number of leaving multinational companies is growing.
August 25, 2013
Turkey: Overall Dissatisfaction Grows
A new poll carried out by Gallup shows that about a third of the Turks feel themselves suffering from an economic point of view.
August 25, 2013
Russian National Bank Underlines Stability of Ruble
Russian National Bank emphasizes that the Russian ruble will not devalue.
August 24, 2013
Czech Republic: SME Suffer from Credit Crunch
The recession in the Czech Republic is mainly due to the restrictive lending policy of the domestic banking sector.
August 24, 2013
Turkey: Capital Outflow Endangers Economic Stability
The monetary and economic stability is under enormous pressure. Turkey´s National Bank does not have sufficient reserve to support the Turkish lira.
August 24, 2013
Schwarzenberg Criticizes Spindelegger
The former Czech Minister of Foreign Affairs Karel Schwarzenberg thinks that Austria´s Foreign Minister Michael Spindelegger mainly focuses on domestic politics. The CEE region should co-operate closer in future, he claims.
August 24, 2013
Faymann: Joint Combat against Unemployment
During a meeting with Slovenian Prime Minister Bratusek and Croatian Prime Minister Milanovic and Austria’s second biggest city Graz, Austrian Chancellor Faymann pointed out the governments’ key tasks.
August 23, 2013
EU Commission: Unacceptable Russian Trade Ban
Stefan Füle, EU Commissioner for Enlargement and Neigborhood Policy, expressed his anger at Russia’s measures to ban Ukrainian products from the domestic market.
August 23, 2013
Austria: Leitl Reiterates Criticizm
State Secretary Schieder considers Leitl’s statements “totally out of place”.
August 23, 2013
Polish Airline LOT Puts Pressure on Boeing
Polish carrier LOT is threatening Boeing with claims for compensations. Dreamliner purchased by the airline company were faced with weeks of grounding due to a series of technical problems. Losses are estimated in the amount of up to € 25m.
August 23, 2013
Austria: “Painful Cuts“ at RBI
According to the most recent results, the bank has losses in profits of more then 60 percent. A strict cost reduction program
August 22, 2013
Austria: Fekter Reserved About Further Aids for Greece
In the debate about a third bail-out package for Greece worth billions, Austrian Finance Minister Fekter presented herself restrained.
August 22, 2013
Czech Republic: Zeman Signs Parliamentary Dissolution
Zeman will sign the parliamentary dissolution on August 28. The path is now clear for early elections at the end of October.
August 22, 2013
Romanians Not Satisfied with Wages
More than half of Romanian employees claim not to be paid enough for their work.
August 22, 2013
Eurozone: Strongest Growth Rates in Two Years
The Eurozone continues to recover. Businesses in industrial production and in the service sector increased to a new high in more than two years. However, growth in both sectors is still not enough for the creation of new jobs.
August 22, 2013
Ukraine Diversifies Sources of Reverse Gas Supply
Ukraine plans on soon opening two more routes through Romania and Slovakia.
August 22, 2013
Turkey: Tear Gas against Demonstrators in Istanbul
The police has once more used tear gas against a new demonstration of critics of the government.
August 21, 2013
Leitl: “Austria Screwed Up”
If the US, as the perpetrator of the financial and economic crisis, shows two percent in economic growth, while Austria only 0.2 percent, then this was a “disgrace”, Leitl announced during the economic forum in Alpbach.
August 21, 2013
Poland: Budget Amendment Passed in Parliament
In order to adapt to the slow economic growth the government has amended the budet by permitting this year’s budget deficit to increase to PLN 16bn as well as approving PLN in spending cut, as announced at a press conferenced on Tuesday.
August 21, 2013
Former Austrian Chancellor to Counsel Serbian Government
Former Austrian Chancellor Alfred Gusenbauer (SPÖ) was invited by the Serbian government to advise and support it on their path to the European Union.
August 21, 2013
Austria: Kapsch Wins Bid For 450 Mhz Frequency Band
Kapsch CarrierCom has acquired nine frequency blocks in the 450 MHz range. The invitation to tender had been announced by RTR GmbH last March.
August 21, 2013
Half of Bulgarian Citizens in Favor of New Elections
Only three months after elections in Bulgaria more than half of voters favor new elections, according to a survey. Supporters of the ruling Socialists are outnumbered.
August 21, 2013
Political Dissatisfaction in Poland Grows
Seven out of ten Poles are disappointed with Polish parliament
August 21, 2013
Czech Parliament Votes for New Elections
The Czech House of Representatives has decided its dissolution on Tuesday evening and therefore clears the way for early parliamentary elections, which in all likelyhood will take place on October 25 and 26.
August 21, 2013
Turkish National Bank to Increase Key Rate
In the fight against the downgrade of the Turkish Lira, the Central Bank of the Republic of Turkey (CBRT) has increased the key rate unexpectedly.
August 20, 2013
Slovenia: Business Organizations Post Wishlist to Government
Slovenian business organizations have forewarded a wishlist to the government in which they request more "breathing room" by the lowering of taxes and measures to enhance development and competitiveness.
August 20, 2013
Ukraine Remains in a Recession for a Year
In the second quarter of 2013 GDP contracted by 1.1 percent on a year-on-year comparison basis.
August 20, 2013
Czech Ex President Klaus Not to Return to Politics
Contrary to certain rumors, former President Vaclav Klaus does not plan to return to politics.
August 20, 2013
National Bank of Ukraine fully meets domestic demand for cash
The National Bank of Ukraine is committed to developing cashless payments. At the same, cash is needed for retail payments. The growing demand for cash is fully met.
August 20, 2013
Austrian Division of Hypo Alpe Adria Managed to Turn A Profit
In the past half year the Austrian division of nationalized bank Hypo Group made small profits.
August 20, 2013
Czech Republic: New Trial for Dissolution of Parliament
The Czech parliament could enable new elections.
August 19, 2013
Slovenia to Expand Bank Stress Test
Instead of formarly three, ten banks are now supposed to be subjected to a stress test. Results are expected until the end of the year.
August 19, 2013
Austria: Spindelegger Demands Flexibility of Working Hours
Working hours have become the main issue of the election campaigns. The dispute was incensed by the claims of Minister of Economy Mitterlehner to allow up to twelve hours of work per day.
August 19, 2013
Austria: Alpine Creditors Register € 2.29bn
The downfall of construction company Alpine, the biggest bankruptcy in the history of the second Republic, has not been finished yet.
August 19, 2013
Austria: Kranebitter to Leave Hypo Group
After three and a half years, Gottwald Kranebitter steps back as CEO of nationalized Hypo Alpe Adria. Tax payers are left with a burden running in the billions in the years to come.
August 19, 2013
Russia: Rusal to Slip into the Red
Russian metal giant Rusal has to decrease production by 357,000 tons this year due to a drop in prices in aluminium. The company now hopes for state subsidy.
August 19, 2013
OMV: Biggest Additional Purchase in Company’s History
OMV invests billions in a participation in the North Sea: The Austrian energy company acquires stakes of Norwegian enterprise Statoil in oil and gas fields in the North Sea for around € 2bn.
August 19, 2013
Turkey Wants to Stop Capital Outflow
The Turkish government plans to attract more investors. By lower taxes, foreign capital of Turkish nationals should come back to Turkey.
August 17, 2013
Poland´s Economic Growth Accelerates
In the second quarter of 2013, the annual growth rate came at 0.8%. Due to combined monetary and fiscal measures, the outlook is positive.
August 17, 2013
Ukraine Reduces Imports of Gas by 35 Percent
From January to June 2013, Ukraine was able to reduce gas import by more than 35 percent compared to the same period last year, according to Ukrainian Statistics Service.
August 16, 2013
Bulgaria: Parliament Outvoted Presidential Veto Against Budget
With the support of the nationalists, the government has won over the Bulgarian President Plevneliev, who intended to avoid higher public spendings.
August 16, 2013
Faymann to Surpass Spindelegger at Trust Index
The APA/OGM trust indest for federal policits in Austria showed an increase of trust for Chancellor Faymann of 2 while Deputy Chancellor and Foreign Minister Spindelegger slips to minus 2.
August 16, 2013
Russia Blocks Imports from Ukraine
Kyiv demands to immediately remove bureaucratic obstacles.
August 16, 2013
Romania: GDP Slowed Down in Second Quarter 2013
Romania: GDP slowed down in Q2, as expected by RBI.
August 16, 2013
Czech Republic: New Elections Expected At the End of October
Prime Minister Petr Necas’ resignation leads to new elections soon. The Social Democrats, who want to introduce the Euro, are potential winners.
August 16, 2013
Czech Republic to Crawl out of Recession
In the second quarter the Czech economy grew by 0.7 percent compared to the first quarter.
August 15, 2013
Can We Eliminate Extreme Poverty By 2030?
Over the last 200 years the world as a whole has seen a marked decline in the incidence of absolute poverty.
August 14, 2013
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