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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 Pulling Back Peacekeepers from Syria-Israel Border
Austria announced to pull back its around 380 peacekeepers from the 1,000-strong UN force out of the Golan from the UNDOF mission after grave incidents occurred in Syria.
June 7, 2013
WIIW: FDI in CESEE to Decline
The Vienna Institute for Economic Studies (WIIW) forecasts a decrease of 20 percent in foreign direct investments.
June 7, 2013
RBI Supervisory Board to Elect Stepic’s Successor
On Friday, the supervisory board will vote on former CEO Herbert Stepic’s successor for listed Raiffeisen Bank International (RBI).
June 7, 2013
Ukraine: Epic to Sell Ukrtelekom
Viennese financial investor Epic plans to sell the Ukrainian telecom provider Ukrtelekom. Oligarch Akhmetov will take over 92.8 percent of Epic.
June 6, 2013
Turkey: More Than 4,000 Injured
Three persons have now lost their lives in the protests. 43 persons are in critical conditions. Erdogan announced to keep to the controversial project.
June 6, 2013
Serbia: No EU Accession Negotiations in 2013
Serbia will not be able to start the desired negotiations for an EU membership this year.
June 6, 2013
Poland: Base Rate Down to Record Low
Poland’s Monetary Council has cut the base rate to 2.75 percent.
June 6, 2013
Slovenia: Commission’s Target to Be Achieved in September
Deputy Prime Minister and Interior Minister Gregor Virant announced that Slovenia will achieve the EU Commission’s aim for approving more budget cuts by the end of September to avoid international bailout.
June 6, 2013
Oresharski: Things Were Never So Bad in Bulgaria
One week after assuming office, Bulgaria’s new Prime Minister Plamen Oresharski announced that the social and economic situation in the country has reached an all-time low.
June 5, 2013
Austria: Liebscher as Chairman of Hypo Group’s Supervisory Board
Liebscher is to take over Ditz’ position after the meeting of bodies on June 21.
June 5, 2013
Austrian Justice Minister to Support Serbia’s Approach to EU
Austria to enhance transfer of know-how in regard to the fight against corruption.
June 5, 2013
Austria: Leitl Welcomes Latvia to Join Eurozone
Head of the Austrian Chamber of Commerce Leitl considers the Euro adoption as an important political signal for the cooperation and the strengthening of the European currency union.
June 5, 2013
Turkey: Protests Continue
After trade union KESK aligned with demonstrators, the government offered a chance for negotiations for the first time.
June 5, 2013
Slovenia: Ex PM Convicted in Patria Case
Former Slovenian Prime Minister Janez Jansa was convicted of bribery on Wednesday in Ljubljana.
June 5, 2013
Croatia to Expect Disciplinary Procedure by EU
The Ex-Yugoslavian country has to face harder scrutinizing than its CESEE peers which joined the EU in the last decade.
June 5, 2013
Hypo Group: Possible Deductions from Selling Price
The new British-Indian Owner of Hypo Group is to pay only € 32m for the time being.
June 5, 2013
Slovenia: Bailout As An Option
Prime Minister Bratusek announced her consent to introduce fiscal rule in 2015.
June 4, 2013
Hypo Group: Italian Affilate Not to be Closed
The nationalized Carinthian bank has no plans of shutting down its Italien affiliate.
June 4, 2013
ILO: Risk for Potential Social Unrest in EU
The European Union is prone to social unrest accorking to most recent World of Work Report.
June 4, 2013
Fekter: “Draft Legislation on Zukunftsvorsorge Pension Savings Scheme Will Create Certainty”
Main focus on improving the attractiveness of state-subsidised pension savings scheme and enhancing transparency for customers
June 4, 2013
Latvia: Euro to Be Introduced 2014
Latvia will be able introduce the Euro on January 1 2014. According to diplomats, this is what the EU Commission will recommend on Wednesday in Brussels.
June 4, 2013
Lopatka: "Visa Cooperation Reinforces Mutual Ties Between Austria and the Czech Republic"
Austrian State-Secretary on the signing of a new agreement and working meetings in Prague.
June 4, 2013
S Immo AG: Green Building Certification And Another Award In SEE
BREEAM certificate and SEE Green Building Award for S Immo properties.
June 4, 2013
Austria: Finance Ministry Regrets Ditz’ Withdrawal
Johannes Ditz, chairman of Hypo Group’s suvervisory board, announced his withdrawal yesterday.
June 4, 2013
Turkey: Protests Claimed Life of At Least One Person
According to the medical association at least one protestor was killed in Istanbul. Despite of unequaled violence by the police protests against Prime Minister Erdogan will not break down.
June 3, 2013
Czech Republic: Dumping Offers for Building of Highway
Major construction companies screw down prices for the building of a highway segment from Linz to Prague.
June 3, 2013
Russia: Gazprom Looking for Alternative Markets
After 40 years of a surge in revenues, Russian energy giant Gazprom has to face turbulent times in Europe.
June 3, 2013
Bulgaria: Wave of Unemployment Expected This Fall
Bulgaria could be hit by a wave of unemployment in the fall of 2013.
June 3, 2013
Romania: Erste Forecasts Economic Growth at 1.8 Percent
Erste keeps Romania's economic growth forecast for 2013 unchanged at 1.8 %.
June 3, 2013
Austria: Unemployment Rose By 9.5 Percent
In total, 330,309 persons were looking for a job in May. Austria still has the lowest unemployment rate within the European Union.
June 3, 2013
Hypo: Ditz to Resign
Chairman of Hypo Group’s supervising board Johannes Ditz might soon resign, according to media reports.
June 3, 2013
Czech Repubic to Restrict Budget Cuts
To boost domestic economy, the Finance Ministry announced to temporarily restrict budget cuts.
May 31, 2013
Leitl: „There Is No More Time To Waste“
Switzerland and Sweden pull away from the rest of the European countries in regard to international competitiveness, according to the latest IMD report, while Austria has been falling behind.
May 31, 2013
Austria: Hypo Alpe Adria Group and Anadi Financial Holdings Pte. Ltd. Signed Deal
After a successful restructuring of the bank the signing is an important step towards the privatization of the banking institute.
May 31, 2013
Slovenia: NKBM Still In the Reds
Particularly high risk provision caused the bank a net loss of € 8.5m. Even for the whole of 2013, losses are expected.
May 31, 2013
Czech Republic Not to Introduce Euro Before 2019
According to reports by the Czech media, the new government intends to apply for the Euro only in 2016.
May 31, 2013
Hypo: Contract Could Be Signed Today
Today the Austrian affiliate of Hypo Group could be transferred to the property of Indian Srei Group. The company is a fast-growing listed enterprise with around 30,000 clients.
May 31, 2013
Poland: Alterated Restructuring Plan for LOT
LOT alters restructuring plan, expects more public aid
May 29, 2013
32 More Austrians Mentioned in Offshore-List
According to Austrian magazine News, 32 further Austrians from all occupations and age groups are listed at the so-called Offshore-Leaks.
May 29, 2013
Erste Group Claimed of Being Interested in Croatian Banks
There are rumors of the taking over of Hypo Croatia and HPB. However, the banks deny the speculations.
May 29, 2013
Austria: Fekter Signed OECD’s Multilateral Assistence Agreement in Tax Matters
Fekter described the signing as a “further important step in the fight against tax evasion and tax fraud”.
May 29, 2013
Romania: No Investors for Post Company
Debts and a collective agreement which makes restructuring impossible until 2018 are among the main reasons the company is not attractive to potential investors.
May 29, 2013
Bulgaria: Parliament to Vote On Government
This morning, the Bulgarian parliament has started a session for the voting on the new government.
May 29, 2013
Hypo Group to Sell Austrian Affiliate
On Friday the deal of nationalized Hypo Bank’s Austrian affiliate will finally be sealed. Indian Srei Group will become the new owner in all likelyhood. The company will pay € 60m to € 70m.
May 29, 2013
Rosneft to Take Over Itera
According to a newspaper report, Rosneft intends to take over Russia’s second biggest gas supplier Itera for around € 2.3bn.
May 28, 2013
Capital Inflow & Outflow In Hungary Broke Records Last Year
Last year, the amount of foreign direct investments totalled EUR 10.462bn in Hungary, which exceeds the previous year’s figure by EUR 6.7bn and which is the largest amount ever recorded.
May 28, 2013
Commission to Publish Reform Recommendations
24 countries, among them Austria, will receive recommendations for reforms by the EU Commission.
May 28, 2013
Czech Republic: Russia to Offer Significant Investments in Return for Temelin Tender
Czech Prime Minister Necas emphasized on the transparency of the decision.
May 28, 2013
Turkey: Next Step Towards EU
According to Reuters, Turkey can now hope for its long-awaited next step towards an EU entry in June. France has lifted its opposition to the country’s EU Accession talks. Experts point out the great economic potential the country offers.
May 28, 2013
RBI: Stepic’s Successor to Be Announced Next Week
Former CEO of RBI (Raiffeisen Bank International) Herbert Stepic has publicly declared his resignation last week. The announcement to his successor is a long time in the coming.
May 28, 2013
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