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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
Success for Slovenian Bonds at US Market
Slovenia was able to gain some of the required funds for the restructuring of its banking sector through the US bond market.
May 3, 2013
Dacic to Promote for Serbian Economy in US
Serbia's Prime Minister plans economic trip to United States.
May 3, 2013
Albania and Poland to Enhance Diplomatic Relations
Albania's Minister of Foreign Affairs received the Ambassador of Poland, Mr. Marek Jeziorski this week.
May 3, 2013
Czech Republic to Improve EU Relations?
Visits from high EU officials should herald the start of a new era in the relation between the Czech Republic and the EU.
May 3, 2013
Austria: Commission Wants Roadmap to Hypo’s Future
The EU Commission wants the Austrian government to announce the next steps for Hypo Group until the end of this month.
May 2, 2013
Croatia Airlines To Cancel Flights After Staff Went On Sick Leave
Croatia Airlines had to cancel 13 flights on May 1, after 25% of the airlines staff went on a sick leave, in what the heads of the airline consider a protest against changes to employment conditions.
May 2, 2013
Leitl: „Cut of Base Rate by ECB Important and Necessary Signal“
President of the Austrian Chamber of Commerce Christoph Leitl welcomed the cut of the main refinancing rate to 0.5 percent.
May 2, 2013
Austria: EVN Results Expected to Be Below Estimates
EVN specifies expected consolidated Group net profit as of 09/30/2013
May 2, 2013
Germany: Upgrade and Expansion at Zumtobel Plant in Usingen
Lighting manufacturer invests 1.2 million euros in energy concept and factory hall expansion. Annual energy savings of approx. 25 per cent. EU Green Building certification applied for.
May 2, 2013
Romania: US Chevron to Explore for Shale Gas
Chevron gets green light for exploration of shale gas in Dobrogea blocks.
May 2, 2013
Hypo Group to Get a Bad Bank?
Chancellor Faymann confirmed negotiations about the establishing of a bad bank for non-performing loans.
April 30, 2013
Lopatka: „Poland Important Economic Partner and Ally of Austria in EU“
Austrian State Secretary encourages bilateral relations and trade between the two Central European countries as well as improved relations between EU and US.
April 30, 2013
Joint Energy Diversification Plans for Ukraine and EU
Ukraine and EU share Energy Diversification Plans - Energy Community Official.
April 30, 2013
Romania: OMV Petrom, Exxon And Transgaz To Team Up
According to Romanian officials, OMV Petrom, Exxon and Transgaz might partner to transport the Black Sea gas onshore.
April 30, 2013
Austria Still With Lowest Unemployment Rate
Euro area unemployment rate at 12.1%. EU27 at 10.9%
April 30, 2013
Austria: Government Shows Unanimity About Banking Secret
Fekter criticized Social Democrats.
April 30, 2013
Cyprus: Parliament to Vote on Bail-Out Package Today
Narrow majority of MPs expected to vote in favor.
April 30, 2013
Asmussen: “New Eurozone Members Will Reap Benefits of Initial Phase”
CEEs and The Crisis: Current Challenges and Benefits
April 30, 2013
Selling of Hypo Group Would Cost Austria Dearly
The selling of Hypo Group would cost the Austrian state around € 16bn.
April 29, 2013
„Slovenia Can Manage On Its Own“
In an interview with Austrian newspaper Kurier, President of the Slovenian Bankers Association France Arhar stresses that Slovenia is not the new Cyprus.
April 29, 2013
EU Ready to Adopt Measures Over CEZ in Bulgaria
Van Rompuy promised to take actions during his visit in Prague.
April 29, 2013
Eurozone: Household Savings Rate Decreased Significantly
Household saving rate down to 12.2% in the euro area and to 10.7% in the EU27. Household real income per capita fell by 1.1% in the euro area.
April 29, 2013
Tax Burden: Austria Above EU Average
The overall tax-to-GDP ratio in the EU27 up to 38.8% of GDP in 2011. Labour taxes remain major source of tax revenue.
April 29, 2013
Austria: Solution for Bank Secret Issue Until May 22
After the recent turbulances within the Austrian government coalition, Chancellor Werner Faymann hopes to find an agreement with the EU concerning the bank secret until May 22.
April 29, 2013
Kapsch TrafficCom Last Bidder for Major Project in Slovenia
Austrian listed electronic toll system provider Kapsch is the only bidder for the establishing of an electronic toll system for trucks in Slovenia.
April 26, 2013
Van Rompuy Encourages Romania to Become Eurozone Member
During his one-day visit to the Romanian capital, President of the European Council Van Rompuy noted Romania’s progress and stressed the importance of a banking union within the Eurozone.
April 26, 2013
Poland: Trade Union Threatens With Protests
The conflict between the trade union Solidarnosc (solidarity) and the Polish Government aggravates.
April 26, 2013
EU Commission to Start Proceedings Against Hungary
On Wednesday, Justice Commissioner Viviane Reding told reporters in Brussels that the EU Commission will probably launch infringement proceedings against Hungary.
April 26, 2013
Foreign Enterprises Complain About Romanian Policy Making.
Regulations in energy sector were changed overnight.
April 26, 2013
Verbund AG: Closing of The Asset Swap With E.ON
Verbund, Austria’s leading electricity company, and E.ON, one of the world’s largest energy providers, finalised the asset swap that was signed on 3 December 2012.
April 26, 2013
US: Kapsch TrafficCom Opens TDM Protocol
Kapsch and E-ZPass® Group paves the way for nationwide electronic tolling interoperability
April 26, 2013
Alpine and Porr to Be Compensated by Serbia
The Austrian construction companies Alpine and Porr claim € 71m from Serbia before the court of arbitration due to a flopped major project for the building of a highway.
April 26, 2013
Rosneft: Ambitious Plans
Russion oil producer intends to increase its shareholder value by 60 % in the next two years.
April 26, 2013
Austria: Faymann Betrays Ignorance
Chancellor Faymann claims not to have known about the controversial letter which has reached the media yesterday. He fears that Austria would now become a “laughingstock”.
April 26, 2013
Austria: Four Conditions For Commission In Return for Bank Secret
In a letter to Tax Commissioner Semeta Austrian Finance Minister Fekter and Chancellor Faymann set the conditions for the agreement of a negotiation mandate with third countries about the exchange of information.
April 25, 2013
Poland: Audit at Oil and Gas Company PGNiG
Poland’s new Treasury Minister Wlodzimierz Karpinski announced on Wednesday to carry out an urgent audit at Polish state-controlled oil and natural gas company PGNiG.
April 25, 2013
Austria: Green’s Motion of Censure Denied
The Green Party’s motion of censure against Finance Minister Fekter was denied by almost all parties in the National Assembly.
April 25, 2013
NCR to Expand Business Activity in Serbia
US corporation National Cash Registers is to employ a further 300 staff members.
April 25, 2013
Austria Proves Attractive Business Location For International Companies
Strong results for consultancy firm ABA - Invest in Austria: 201 companies started business operations in Austria in 2012, a rise of 10% on 2011.
April 25, 2013
Poland to Support Serbia's European Integration
Dacic and Tusk agreed on improving cooperations, enhancing bilateral trade and increase Polish investments in Serbia.
April 25, 2013
Poland: Public Deficit Targed Missed
Rowstowski does not expect the excessive deficit procedure to be lifted.
April 24, 2013
Ukraine and Ireland to Sign Double Tax Agreement
Ukraine and Ireland signed a Double Tax Agreement in Kyiv during the official visit of Irish Minister of State at the Department of Finance Brian Hayes.
April 24, 2013
Czech Republic: New Rounds of Negotiations for Temelin Tender
Czech power provider CEZ has started another round of talks with bidders in the offer to extend the Temelin nuclear power plant in southern Bohemia.
April 24, 2013
Austrian Greens Put Forward Motion of Censure Against Fekter
The Austrian Greens intend to file a motion of censure against Finance Minister Maria Fekter. Party Leader Eva Glawischnig announced a “match of Greens against Fekter”.
April 24, 2013
Romania: Criticism from EU for Budget Projection
The EU Commission criticizes Romania’s budget projections for the use of EU funds in the time frame between 2014 and 2020.
April 24, 2013
Fekter: "Proposed Reform Creates Security"
Government-Sponsored Pension Plans – Bill Under Review. Objective: Increase the attractiveness of government-sponsored pension plans and improve transparency for customers entering into agreements
April 24, 2013
Albania: Under EU’s Watch
Brussels called for further modernizations of the judiciary in Albania before the EU considers Accession talks with the country. Futhermore the union announced to keep a close eye on the elections in June.
April 24, 2013
Slovenia: Government to Vote On Regulations
Changes to the acts on Slovenian state-owned enterprises are supposed to help restructure and remove the lid from the amount of state aid money granted.
April 24, 2013
Czech Republic: Schwarzenberg Threatens to Leave Government
Statements made by Czech President Milos Zeman concerning the dispute about the appointment of ambassadors during his recent visit in Vienna, have incensed Czech Foreign Minister Karel Schwarzenberg.
April 24, 2013
Hungary: New Political Competition For Orban
Former Finance Minister founds “conservative, pro-European” party.
April 23, 2013
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