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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
Austrian Economy Still Stagnating
The Austrian economy has been stagnating for a year and has avoided recession only just.
May 15, 2013
Serbian – Austrian Cooperation in Social Security Sector
Austrian pension and disability insurance system knowhow particularly useful for Serbia.
May 15, 2013
Austria: EU Competition Authority to Search Agrana
The European competition authority has paid a visit to listed starch and sugar producer Agrana in April.
May 15, 2013
Austria: Labor Restrictions for Croatian Citizens
The Austrian Foreign Ministry announced to use the maximum transitional period of seven years before Croatian citizens can enter the Austrian labor market.
May 15, 2013
Poland: PZU to Acquire Croatia Osiguranje
After years of looking for an opportunity to invest further, PZU, Poland’s major state-owned insurance company, is focusing on aquiring a controlling stake in Croatia Osiguranje.
May 14, 2013
Prolongation of Nabucco Exemption Confirmed
National Regulators Confirm Prolongation of Nabucco Exemption
May 14, 2013
Austria: OeNB Positive About Hypo’s Future
Issuing Bank Director Ittner is confident that it will not come to a liquidation of the ailing banking institute.
May 14, 2013
US Software Producer Oracle to Invest in Romania
US software producer Oracle will invest approximately € 100m in Romania
May 14, 2013
Majority of Czechs Want to Keep the Koruna
A clear majority of Czech citizens reject the Euro and want to keep their national currency, the Czech Koruna.
May 14, 2013
Slovenia Pressed to Take “Swift and Decisive” Actions
On Monday Eurozone Finance Ministers warned Slovenia to take “swift and decisive” action to address its economic imbalances.
May 14, 2013
Austria to Give Up Bank Secret for Foreigners
After years of blocking, Austrian Finance Minister Maria Fekter gave green light to the abandoning of the bank secret for foreigners.
May 14, 2013
Poland: LOT Ready To Be Privatized
A new law passed on Friday makes it possible to privatize Polish carrier LOT.
May 14, 2013
Indian Srei Group to Acquire Austrian Hypo?
Austria is looking for a buyer for the domestic Hypo affiliates. Indian Srei Group seems to have good chances.
May 13, 2013
EU Commission Expects Austria to Agree To EUSD
Head of Eurogroup Jeroen Dijsselbloem expects a constructive approach of Austria in the debate about the automatice exchange of data of tax foreigners in Europe.
May 13, 2013
US: Kerry Announced Support of Ukraine’s EU Integration
US Secretary of State John Kerry announced his support for Ukraine’s move towards an EU membership.
May 13, 2013
Austria: Domestic Banks Reject Taking Over Hypo Group
The task force, appointed for Hypo Alpe Adria Group by the government, held a meeting again today. It is only two more weeks until the suggestions have to be presented to Brussels. Domestic banks reject participating in a bad bank.
May 13, 2013
Russian’s Policy on Belarus: Support As a Means of Subordination
Despite the conflicts and frictions in their bilateral relations, Russia has for years regularly invested in Belarus, according to the Centre of Eastern Studies.
May 13, 2013
CEE/CESEE: Banking Sector on Fastlane
The banking sector in CEE continues to outperform its Western European counterpart.
May 13, 2013
Slovenia Likely To Require More State Funds Than Expected
According to Morgan Stanley, the Slovenian national treasury will need a further amount of € 11bn until 2016. Slovenian Finance Minister Cufer is expected to present the new program in Brussels today.
May 13, 2013
Bulgaria: CEZ to Keep License
Former PM Borisov had been critical of CEZ in Bulgaria. Energy Minister Vasilev annouced the power supplier would not lose its license.
May 13, 2013
Austrian Bank Secret: Faymann Vs. Fekter
Austria‘s agreement to an automatic exchange of data has become a personal match between Chancellor Faymann and Finance Minister Fekter.
May 13, 2013
No Changes in Bulgarian Political Landscape
At the early elections in Bulgaria, Prime Minister Borissov’s Gerb party turns out winner in the early elections.
May 13, 2013
Austria: Hypo Group Dilemma Requires Highest Form of Diplomancy
Before the deadline of handing in the new restructuring paper, talks with the top of EU Commission are supposed to take place with Austrian politicians.
May 10, 2013
CEESE: Economic Growth Stagnant
Orban claims Hungary is the country with the highest growth rate in CEE/CESEE next year.
May 10, 2013
Slovenia: NLB to Fire Workstaff
Slovenia's biggest bank, NLB, is to make up to 700 of its workstaff redundant.
May 10, 2013
Croatia in No Hurry To Introduce Euro
Croatia would keep the national currency and is in no hurry to introduce the Euro.
May 10, 2013
Slovenia to Raise VAT and Sell 15 State Enterpises
Slovenia has announced to put 15 state companies up for sale and raise VAT in order to acquire revenues and avoid international bailout.
May 10, 2013
Maria Fekter: Hot-Tempered Lady At the Fireplace
Raiffeisen Centralbank (RZB) organized a „fireplace chat“ with Finance Minister Maria Fekter which took place on May 7 in Vienna.
May 8, 2013
Romania Seeks Energy Independence
The Black Sea has huge deposits in gas which Romania wants to use to achieve energy autonomy.
May 8, 2013
Gazpromneft-Aero Signed Major Contract With Turkish Airlines
Gazpromneft-Aero signed a long-term contract with the Turkish airline transport company to refuel all flights.
May 8, 2013
Pressure from EU on Orban Increases
EU demands that Hungary withdraws the changes to the constitution.
May 8, 2013
Austria: Task Force for Hypo Group
The Austrian government is going to establish a task force for the nationalized by force problem bank Hypo Alpe Adria Group.
May 8, 2013
Czech Republic: Extraordinary Income Boosts CEZ Results
Increase in net profits by 24 % results from revenues from the certificates and integrations.
May 8, 2013
EU Commission: Action Plan for Steel Industry in Europe
During his visit to Linz, EU Commissioner for Industry and Entrepreneurship Antonio Tajani announced measures for the steel industry in Europe.
May 7, 2013
Serbia: „Dependent on EU“
Serbia hopes to be able and make the next steps toward an EU membership.
May 7, 2013
Commission: European Economy to Stabilize in First Half of 2013
The economy is projected to return to growth in the second half of 2013. However, annual GDP is forecast to contract by 0.1% in the EU and 0.4% in the eurozone.
May 7, 2013
OMV: Investments in Austria to Increase to € 450m
With extra investments OMV intends to improve the exploration of domestic production fields. However, there are currently losses in the gas business.
May 7, 2013
European Forum Alpbach and IIASA to Enter Strategic Partnership
The International Institute for Applied Systems Analysis (IIASA) and the European Forum Alpbach have entered into a strategic partnership aimed at fostering sustainable solutions to global problems.
May 7, 2013
Magna Negates Downsizing
The Canadian-Austrian automotive component supplier Magna has rejects the alleged cut in workstaff in its plant in Graz.
May 6, 2013
Semeta Confident Austria and Luxembourg Stop Blocking
EU Tax Commissioner Algirdas Semeta does not expect any blocking by Austria for the loosening of the bank secret for foreigners and the transition to the automatic exchange of information.
May 6, 2013
Slovenia: No Agreement on Fiscal Rule
Coalition and opposition remain divided over the question on when to implement the new fiscal law.
May 6, 2013
Spindelegger: Support for Serbian EU Membership
Vice Chancellor and Exterior Minister Michael Spindelegger has promised full support for Serbia on its way to a full EU membership.
May 6, 2013
Real Estate Industry: Major Losses for Properties In CESEE
According to Manfred Wiltschnigg, CEO of Austrian Real Estate Agency Immofinanz until the end of March, investments in Poland are becoming more risky.
May 6, 2013
EU: Hungary and Slovenia Have to Act Quickly
The European Union issued warnings to Slovenia and Hungary to move quickly.
May 6, 2013
30th Financial Conference - Where are we and where are we headed?
Slovenia will witness further privatisation in 2013
May 6, 2013
Austria: Restructuring Plan for Hypo Group Threatened By Rejection
The restructuring plan of Austrian crisis-struck banking institute Hypo Group is threatened to be rejected by the EU Commission.
May 6, 2013
Magna: Workstaff in Europe to be Reduced
According to CEO Walker the factory in Graz needs to become more efficient.
May 6, 2013
Slovenia: South Stream Gas Pipeline Project to Get National Priority Status?
Russia urges Slovenia to give the South Stream gas pipeline project national priority status.
May 6, 2013
Croatia: Pushing Ahead With Croatia Airlines Restructuring
Despite of protests of employees restructuring measures will be continued.
May 3, 2013
Rehn: „Everything Needs to Be Done Against Unemployment“
Commissioner Rehn announced the economy would slowly emerge from recession. Stabilization is expected in the first half of 2013.
May 3, 2013
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