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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
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
EU Commission Waiting For Austria’s Decision
The EU Commission expects a uniform stance in regard to Austria’s bank secret and the transition to automatic exchange of information.
April 23, 2013
Hungary: MNB Cuts Interest Rate by 0.25 %
The Central Bank of Hungary (MNB) has cut interest rates by a quarter percentage point for the ninth month running.
April 23, 2013
Austria: KA Finanz Not Planning On Needing More State Funds
After last week’s S&P report said KA Finanz was prone to needing further state funding, the rating agency apologized to the banking institute.
April 23, 2013
Spindelegger: "Brave Agreement Between Serbia and Kosovo Important Sign of Liberation for Entire Region"
Win-win agreement should now quickly be implemented to the benefit of the people. The EU will have to deliver on its promise
April 23, 2013
Nowotny Concerned About Reputation of Austrian Banks
Ewald Nowotny, Govenor of the Austrian National Bank (OeNB), is critical towards the continuing debate about keeping the bank secrecy. He fears that doubts in the integrity of the domestic banking sector could emerge.
April 22, 2013
Former Polish President: “EU Needs Ukraine”
In an interview with Polish news magazine Wprost, former Polish president Aleksandar Kwasniewski explains that in the future, the EU will need Ukraine.
April 22, 2013
EU Accession Date for Serbia Voted on Today
On Friday, heads of Serbian and Kosovar government Ivica Dacic and Hashim Thaci have come to an agreement under the the special guidance of EU Commissioner for Foreign Affairs Catherine Ashton.
April 22, 2013
Austria: National Assembly to Vote on Bail-Out Package for Cyprus
In order for Cyprus‘ bail-out package to become effective, many national parliaments have to vote in favor of it. Austrian’s opposition is against it.
April 22, 2013
Czech President to Visit Austria
New President of the Czech Republic Milos Zeman is going to visit Austria with his wife Ivana Zemanova on Tuesday and Wednesday.
April 22, 2013
Hungary: Lopatka Presses For Legal Security for Austrian Enterprises
State Secretary Reinhold Lopatka met with Hungarian State Secretary for European Affairs Gergely Pröhle in Budapest toda to urge for legal security for Austrian enterprises in the neighboring country.
April 19, 2013
EU Countries to Use Ukrainian Gas Storage Facilities
EU Countries Show Interest in Ukraine’s Gas Transportation System
April 19, 2013
Serbia: Agreements in Kosovo Negotiations
Commissioner Ashton announced that both countries have found an arrangement.
April 19, 2013
9.2 Million EU Citizens Wish To Work More Hours
Labour Force Survey: Proportion of underemployed part-time workers up to 21.4% in the EU27 in 2012
April 19, 2013
Hungary: Financial Regulator to Be Merged With MNB
Hungary plans to fuse the financial regulator with the central bank.
April 19, 2013
Schwarzenberg: „Slovenia Joining V4 Would Not Be Efficient“
V4 Foreign Ministers have declared disapprobation of Slovenia joining the group.
April 19, 2013
Rehn: Slovenia Has to Take Actions Immediatly
EU official presses Slovenia to restructure its banking industry to evade bailout.
April 19, 2013
Cyprus: Increase of Taxes Resolved
The Cyprian parliament has voted for an increase of taxes. Among other things, business taxes will increase from 10 % to 12.5 %.
April 19, 2013
Bank Austria: Focus on Major Clients in CESEE
In an interview with Austrian newspaper Standard, Head of CESEE division of Bank Austria, Gianni Papa, explains why the banking institute wants to focus on its core market.
April 18, 2013
Austria and Bosnia-Herzegovina to Commence Dialogues
Bosnia-Herzegovina shows interest in Austrian social partnership model and measures against increasing youth unemployment rate.
April 18, 2013
Slovenia: State Aid to Rescue and Re-Structure Companies
At its regular session, the Government also approved the draft Act Governing the Rescue and Restructuring Aid for Companies in Difficulty.
April 18, 2013
Belgrade: Ready to Accept Agreements
Ninth round of Belgrade-Pristina dialogue ended with no agreement
April 18, 2013
S&P: More Funds For KA Finanz
Austrian major banks are performing weakly. Risks increase in CESEE countries. S&P also warns of real estate bubble in Vienna.
April 18, 2013
Bulgaria: FDI Increased by € 40.3m
Largest investments from Greece (€ 9.4m). Austria ranks 4th (€ 6.1m) in investors.
April 18, 2013
Hungary: Average Gross Earnings Increased Marginally
Average gross earnings amounted to HUF 223,100.
April 18, 2013
Heated Debate in EP About Hungary
On Wednesday, the European Parliament has lead a heated debate concerning the controversial amendments to the Hungarian constitution.
April 18, 2013
Spar: Expanding in Hungary
Spar Austria Group intends to expand the meat plant near Budapest and the entire branch network in Hungary.
April 18, 2013
Croatia Looking at EU Through Rose-Tinted Glasses
On July 1, Croatia will be joining the EU as 28th member state. Croatia is the first country after the economic crisis to become a member of the Union.
April 17, 2013
First EU Bail-Out Funds for Cyprus in Mid-May
The € 10bn worth bail-out package for Cyprus will become effective in the next few weeks, according to the Irish EU Presidency.
April 17, 2013
IMF Warns Eurozone of Ongoing Risks to Economic Stability
The International Monetary Fund has warned the Eurozone in a Global Financial Stability Report, urging for a reforming zeal and restructuring of weak banks.
April 17, 2013
Forbes: “Austere Baltic States Outgrow Their European Neighbors”
Forbes magazine has dedicated a comprehensive article about how the Baltic countries manage to conquer the financial crisis.
April 17, 2013
Austria and Turkey to Deepen Relations
Justice Minister Karl wants to improve cooperations with Turkey.
April 17, 2013
Moody’s Confirms Bad Outlook for Slovakia
Ongoing difficulties and slow economic growth in Eurozone are the main factors.
April 17, 2013
Rothensteiner: „Strictly Against Discussion“
Head of RZB (Raiffeisen Zentralbank) Walter Rothensteiner is everything else but happy about the current discussion about the bank secret and deposit guarantee.
April 17, 2013
Slovenia to Emerge From Quagmire By Itself?
A recent report by the OECD paints a dim picture of the country’s economic future.
April 17, 2013
„Unlawful“ Farming in Hungary
The estimated 200 Austrians, who are engaged in agriculture in Hungary, are apparently not highly esteemed by Hungarian Prime Minister Viktor Orban.
April 16, 2013
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