Sponsored Content
Austria International Political News | International | EU | Domestic
Read the latest headlines about developments in Austrian politics with reference to the international interest
ILO Warns of Social Unrest in Europe
Because of the continuing high figures in unemployment in great parts of Europe, experts warn of social unrest.
April 8, 2013
Russia: Economic Growth Below Expectations
The Russian economy is flatlining. The government and the Central Bank of Russia (CBR) blame each other for the current state of affairs.
April 8, 2013
Montenegro: President Vujanovic Declared Winner of the Election
Up to now President Filip Vujanovic has declared himself as the winner of the election two hours after the closing of the polling stations.
April 8, 2013
Barroso: „Existantial Crisis is Over“
President of EU Commission Jose Manuel Barroso came to Vienna to meet with Austrian Chancellor Werner Faymann and Foreign Minister Michael Spindelegger.
April 6, 2013
Czech President Zeman Wants Slovenia As 5th Visegrad Member
The proposal made by Czech’s president Milos Zeman does not arouse enthousiasm among Slovak citizens.
April 6, 2013
Matolcsy’s Program Evokes Mixed Feelings.
During a press conference on Thursday, April 4, new Govenor of Hungarian National Bank (MNB), György Matolcsy presented some of the “creative financial market instruments”.
April 6, 2013
Decisions About Hypo Group’s Future Still Pending
Finance Minister Maria Fekter has presented herself rather reserved after the meeting with EU Commissioner for Competition Joaquin Almunia.
April 5, 2013
Fekter Defends Austrian Bank Secret
With the reference to the agreement with Switzerland and Lichtenstein, Finance Minister Fekter tries to convince the EU Commission to leave the Austrian bank secret at the current situation.
April 5, 2013
Austria: Fekter Craving for Indulgence in Brussels
Austrian Finance Minister Fekter will be in Brussels on Friday to negotiate about the privatization of the nationalized-by –force Hypo Group.
April 4, 2013
Cyprus Airways Threatened With Bankruptcy
According to Cyprian newspaper Fileleftheros, Cyprus Airways is about to fold.
April 4, 2013
Eder: Future of Voestalpine and Steel Manufacturing Industry
In an interview CEO of voestalpine, Wolfgang Eder explains the current situation on the steel market and points out that mass products will come from CESEE countries in the future.
April 4, 2013
Turkey’s Hopes of a Reunited Cyprus
The financial crisis in Cyprus is, according to Turkish President Abdullah Gül, an important opportunity to overcome the seperation of Cyprus.
April 4, 2013
New opportunities for Lithuanian and Turkish business
Lithuanian President Dalia Grybauskaitė together with Turkish leader Abdullah Gül opened the Lithuania-Turkey business forum.
April 4, 2013
VIG: Drastic Downsizing Measures in Romania
Because of increasing losses 450 employees will be made redundant.
April 4, 2013
Cyprus: Evidence Destroyed?
According to reports by the media in Cyprus, important evidence about the heavily affected Bank of Cyprus was destroyed.
April 4, 2013
Keuschnigg Forecasts End of Bank Secret in Austria
Head of the Austrian Institute for Advanced Studies (IHS), Christian Keuschnigg expects the end of the bank secret in Austria.
April 3, 2013
Russia: Refinancing Rate Expected to Be Cut
The Central Bank of Russia (CBR) estimates inflation risks higher than a slow economic growth. However, the refinancing rate is expected to be lowered soon.
April 3, 2013
Law Files Against Bulgaria from EVN and CEZ.
Power Suppliers EVN, CEZ and Energo Pro have to face high losses. CEZ announced to file a law against Bulgaria as well.
April 3, 2013
Poll: Estonians Want Economy Minister to Resign
56 % of Estonian citizens want the Economy Minister Parts to step down.
April 3, 2013
Romania: Ponta Endorses Regionalization
Regionalization, which is encompassed in the constitutional reforms, is supposed to help improve the administrative situation in Romania.
April 3, 2013
Hungary: Public Deficit Amounted to HUF 166.6bn in Q4/2012
The deficit of the general government sector was HUF 566.7 billion in 2012, 2.0% of GDP according to data reported to the EU on 29 March 2013 under the Excessive Deficit Procedure (EDP).
April 3, 2013
Cyprus: Prone to Recession
Despite of the bail-out package, the country is threatened by a deep recession in the coming two years.
April 3, 2013
Austria: How to Benefit from Positive Labor Market Situation
Increasing number of employees should be reason to initiate economic stimuli and focus on investment incentives, states Leitl.
April 2, 2013
Macedonia: Fresh € 100m for Business Sector from EIB
The Macedonian government plans to provide fresh EUR 100 million loan, with 5.5% interest rate, as support to the business sector.
April 2, 2013
Referendum in Poland about Joining Eurozone
Last week, Prime Minister Donald Tusk offered a vote on a referendum about the adoption of the Euro in Poland. A simple majority needed for a decision could settle the issue.
April 2, 2013
Green’s Fear of Russian Black Money in Austria
Once more, the Austrian Greens insist on a reform of the bank secrecy.
April 2, 2013
Cyprus: Finance Minister Steps Down
According to reports by the media, Finance Minister of Cyprus, Michael Sarris will be replaced.
April 2, 2013
Lithuania and Latvia Preparing for Euro
The Baltic finance ministers emphasize sustainable growth and euro importance.
April 2, 2013
2012: Significant Increase in Austrian Construction Industry
According to the latest data issued by Statistik Austria, the construction industry has increased its output significantly in 2012.
April 2, 2013
Bulgaria: Budget Deficit Amounting to BGN 732.0m
The budget balance under the Consolidated Fiscal Programme (CFP) as of end-February 2013 is negative, amounting to BGN 732.0 million.
April 2, 2013
Serbia and Macedonia Enhance Cooperations
Cooperation between Serbia and Macedonia precondition for efficient tackling of regional issues
April 2, 2013
Hungary: Marginal Increase in Employment Rate
In light of the flash report by the Hungarian Central Statistical Office (KSH) released on March 28, a positive trend regarding employment – a priority area for the Government – becomes evident.
April 2, 2013
Cyprus: Anastasiades Comes Under Suspicion
President Nikos Anastasiades is in dire straits as he is accused of having transferred huge amounts of money to foreign countries and having warned relatives. In the meantime, the austerity package is almost set.
April 2, 2013
Slovenia: “We Will Need No Bailout This Year”
Since Greece, Spain and Cyprus are currently finding themselves in disastrous economic situations, Slovenia does not want to seem like the next bail-out candidate.
March 30, 2013
Bulgaria: Labor Hour Costs Increased 5.1 % in Q4 2012
Preliminary data of NSI for the Fourth Quarter of 2012 indicated that the total hourly labour cost rose by 5.1% compared to the Fourth Quarter of 2011.
March 30, 2013
Poland: Inflation Rate for Private Individuals At 1.6 %
March was the seventh consecutive month of decline in private individuals' inflation expectations. Respondents place average inflation rate as expected over the next 12 months at 1.6%.
March 30, 2013
Cyprus: 37.5 % Only The First Cut
Assets will be burdened much higher than assumed. Apart from the mandatory levy of 37.5 % a further amount of 22.5 % will be frozen in.
March 30, 2013
67 % of Estonians Work in Service Sector
According to the data of the 2011 Population and Housing Census (PHC 2011) of Statistics Estonia, 67% of persons employed in Estonia worked in service sector, 29% in industrial sector and only 4% in primary sector.
March 30, 2013
Lithuania: Turnover of Enterprises in Retail Increased By 0.9 %
In February 2013, against February 2012, the turnover of enterprises engaged in wholesale and retail trade in motor vehicles and motorcycles was on the increase.
March 30, 2013
Serbia: Financial Underhand Practices Discovered
Financial underhand practices had lead to losses of € 700m for the Serbian state.
March 30, 2013
Cyprus: 37.5 % Tax on Assets
The compulsory levy on bank assets exeeding € 100,000 has now been fixed. Assets above the amount will be taxed with 37.5 %.
March 30, 2013
EVN to Get Support by State Secretary
State Secretary Lopatka intervened in EVN’s dispute with Bulgarian government. He urges Bulgaria to ensure protection of investments.
March 29, 2013
"Croatia is Paving the Way for the Entire Balkans"
Austria’s Vice Chancellor advocates the commission’s assessment and is looking forward to welcoming Croatia as a new EU member.
March 29, 2013
Hungary: Economic Growth Only in 2014
The MNB, the National Bank of Hungary estimates economic growth to further stagnate in 2013 but forcasts positive devolopments for the next year.
March 29, 2013
Lithuania: Increase in Non-Cash Payments
Significant increase in non-cash payments creates a premise for banks to review their fees
March 29, 2013
Austria: Sale of Kommunalkredit Still in Limbo
Denationalization of Kommunalkredit not yet completed.
March 29, 2013
Cyprus: No Bank Run
The feared bank-run after the almost two-weeks long closing of the banks in Cyprus has not occured.
March 29, 2013
Czech Republic: Disinflation Continues
Analysts expect Czech economy to grow by 1.7 % next year.
March 29, 2013
Slovenia: Situation For Banks Still Shaky
According to the National Bank, the new government in Slovenia needs to avoid becoming the new setting of bail-out negotiations with the EU after the banking crisis in Cyprus.
March 28, 2013
Fast News Search
This category only
