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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
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
Austria: Raiffeisen Group Takes Over VBAG Loans
Loans worth more then € 748m will be taken over by Raiffeisen Group
August 28, 2013
Austria: Hypo Group in “Crisis Mode“
According to Austrian daily “Standard“, there are daily reports about Hypo Group being forwarded to the Austrian National Bank (OeNB).
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
Hypo: Half-Year Results Expected August 28
In order to be able and balance, nationalized Hypo Group required € 700m in capital by the Austrian state.
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
Electricy Thieves Caused Losses for EVN in Bulgaria.
Austrian energy provider EVN lost € 800,000 because of electricity thieves.
August 27, 2013
Austria: Bawag to Pay Back Further State Aid
Due to lower costs and provision profits of the Austrian bank Bawag increased. From the coming year on the bank intends to pay back further state aids and plans on further withdrawing from CESEE.
August 27, 2013
Bulgaria: Gross External Debt Amounts to 91.4 Percent of GDP
Bulgaria's gross external debt has amounted to 91.4% of GDP
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
EU Commission: EU Integration Important for Macedonia
"EU integration continues to be important to all political parties in FYR Macedonia" - Füle
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
Bulgaria and Romania to Strenthen Relations
Bulgaria and Romania plan to strengthen relations at bilateral, regional and European level.
August 26, 2013
Czech Republic: Klaus Reconsiders Returning to Politics
On Saturday, August 24, former Czech President Vaclav Klaus told Czech Television (CT) he is “seriously considering” returning to politics.
August 26, 2013
Russia: Disappointed About Joining WTO
A year ago, Russia joined the World Trade Organization (WTO). However, the country is not satisfied with the results despite of having negotiated about joining for 19 years.
August 26, 2013
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
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