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Slovenia in Austria | Slovenes in Vienna | Bilateral Relations
Austria and Slovenia - Read the latest headlines about bilateral relations in the areas of economy, business, investment, diplomacy, culture and tourism
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UNIQA Insurance Group New in the ATX

The ATX Committee decided to include the two companies, UNIQA Insurance Group and Flughafen Wien to the ATX today.
March 5, 2014
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Poland: Banks Expected to Preserve Ratings

According to US rating agency Standard&Poor;’s, Polish banks will be able to keep their credit ratings this year.
March 4, 2014
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Slovenia: NLB to Break Even in 2014

As part of the restructuring plan, the Slovenian bank is closing branch shops all over the country and downsizing its personnel.
March 4, 2014


Raiffeisen Bank International Postpones Sale of Ukrainian Affiliate

Due to the extremely tense situation in Ukraine, the second-largest lender in CESEE (Central, Eastern and Southeastern Europe) has stopped the sale of Aval Bank.
March 3, 2014
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Hypo Group: Five Potential Buyers for CESEE Affiliates

Alexander Picker, CEO of the nationalized bank Hypo Group Alpe Adria, is optimistic that the affiliates in the Western Balkan countries may be sold until the end of 2014.
March 1, 2014


Slovenia: Economy Minister Rejects New Corporate Taxes

According to newly-appointed Slovenian Minister of Economy, Metod Dragonja, the main driver for economic growth is trade and exports. Instead of introducing new corporate taxes he calls for a fund for domestic enterprises.
February 26, 2014
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Slovenia: SMEs Protest Against Real Estate Tax

Tax bills would rise by many times for small business owners.
February 24, 2014


Slovenia: NLB Reports Losses in Business Year 2013

The biggest lender in Slovenia has amounted considerable losses because of having been forced to create loan loss provisions.
February 22, 2014


EU Commission to Examine Slovenian Bank Restructuring Plan

Slovenia has sent the restructuring plan for its third largest bank, Abanka Vipa, to the EU Commission.
February 20, 2014
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Slovenia: Heading for Recovery

Slovenia seems to have circumnavigated the crisis as the small country is not a Eurozone bail-out candidate anymore, according to Prime Minister Bratusek.
February 17, 2014


Hypo Group Alpe Adria: Nowotny Attacks Fekter

Governor of the Austrian National Bank (OeNB) Ewald Nowotny criticizes former Minister of Finance Maria Fekter sharply and blames her for inactivity.
February 15, 2014 · Updated: February 15, 2014; 18:19
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Dramatic Capital Outflow in CESEE

The countries of Central, Eastern and Southeastern Europe suffer from the dependence on foreign investments. Despite the economic recovery, FDIs are falling persistently.
February 15, 2014


Improving Situation in Slovenia

Banka Slovenije points out that the finance industry was negatively affected by provisions and write-offs. However, the situation seems to be improving.
February 13, 2014


Ukraine: Tough Market for Foreign Banks

The coming two years will be challenging for foreign banks operating in Ukraine.
February 11, 2014
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Ukraine: RBI Examines Offers

Raiffeisen Bank International (RBI) has received a total of twelve offers for its Ukranian affiliate.
February 10, 2014


ECB Wants to Supervise All Banks

For the European Central Bank, the current authority does not go far enough. The ECB wants to control all 6,600 banks in the Eurozone.
February 8, 2014
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Slovenia Under Pressure Again

The International Monetary Fund calls Slovenia to cut public spending radically. The Slovenian government still refrains from unpopular decisions.
February 7, 2014


“Fragile Recovery in CEE Banking Sector”

According to the U.S. rating agency Fitch, the banking sector in Central and Eastern Europe is highly heterogeneous.
February 6, 2014


CESEE: Stuck in Transition or Just a Break?

Despite all difficulties in Central, Eastern and Southeastern Europe, the region remains essential for Austria. The long-term growth potential remains intact.
February 6, 2014 · Updated: February 6, 2014; 13:41
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EBRD: CESEE Not Under Pressure Yet

According to the European Bank for Reconstruction and Development, most countries in CESEE are relatively unaffected despite the renewed pressure on emerging markets.
February 4, 2014


Hypo Group: Calls for Bankruptcy Become Louder

The Austrian government wants to prevent the bankruptcy of the nationalized lender Hypo Group Alpe Adria. However, there are better arguments for an orderly insolvency.
February 3, 2014
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CESEE: Corruption Is Still a Major Obstacle

The European Commission has published its first Anti-Corruption Report today. Above all, the economies in Southern and Southeastern Europe are suffering from corruption.
February 3, 2014


„We Must Watch CESEE Very Carefully“

In an interview with the Austrian daily „Standard“, board member of Österreichische Kontrollbank AG Angelika Sommer-Hemetsberger said that the economic crisis in CESEE is not over yet.
February 3, 2014


Suspicious Secrecy in the Cause of Hypo Group Alpe Adria

In the matter of Hypo Group Alpe Adria, the Austrian government acts disconcertingly. Details on the situation of the nationalized banks are still kept as a secret.
February 1, 2014
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Upgrades for Slovenian Banks

The long-term ratings of three banks were upgraded by Moody’s.
January 31, 2014


VSE and Kazakhstan Stock Exchange to Intensify Cooperations

Vienna Stock Exchange (VSE) and Kazakhstan Stock Exchange intensify cooperation – joint data vending agreed.
January 30, 2014
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Slovenia: Dispute with Croatia Just Begun

Slovenian Foreign Minister Erjavec announced to continue dispute against Croatia.
January 29, 2014


CESEE: Overtaking Western Europe Not Before 2055

According to the European Bank for Reconstruction and Development, the transition period of Central, Eastern and Southeastern Europe will take longer than initially expected.
January 29, 2014


Austria: Sberbank Affected By Further Costs

Sberbank is faced with further aids for Austrian Volksbank International (VBI). So far the Russian bank has pumped a total of € 1.3bn into Sberbank Europe.
January 27, 2014
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NLB Closing Moscow Office

The step is part of the restructuring and downsizing procedure.
January 27, 2014


S&P Keeps an Eye on Slovenian Banking Sector

The rating agency highlights the critical conditions of the Slovenian banking industry.
January 25, 2014


Another Emergency at Hypo Group Alpe Adria

The series of bad news does not come to an end. After enormous capital injections in 2013, the nationalized Austrian lender again needs help from the Austrian state.
January 24, 2014


Austria: OeNB Forecasts Modest Economic Growth

According to the Austrian National Bank (OeNB) economic growth in Austria only came at 0.3 percent last year.
January 24, 2014


Slovenia: NLB Facing Downsizing Measures

Slovenian NLB is facing severe downsizing measures. As part of the restructuring process, the country’s biggest bank has to lay off personnel.
January 24, 2014
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Foreign Banks Leaving Bulgarian Market

In the past three years three non-domestic banks have left the Bulgarian market.
January 24, 2014


Slovenia: Bank Losses Tripled in 2013

Over the last year losses in the banking sector tripled to almost € 1.1bn.
January 23, 2014


Considerable Differences Across European Mortgage Markets

According to Fitch Ratings, the performance of European residential mortgage markets as a whole has improved. In Southeastern Europe, by contrast, the recovery will take some more time.
January 23, 2014


Insurance Industry Faces Growing Risks

According to the U.S. rating agency Fitch, insurers in Europe have to accept riskier investments. Ratings may deteriorate, Fitch warned.
January 22, 2014


Bank Dispute between Croatia and Slovenia Reappears

Last year Slovenia was ordered in the first instance to pay back the foreign currency deposits of LB’s former affiliate in Sarajevo.
January 22, 2014
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Croatia Supports Albania in EU Accession Course

Albania hopes that EU Accession Negotiations will take place in June 2014.
January 22, 2014


Prices for Houses in EU Dropped Slightly

1.5 percent decrease of house prices in European Union.
January 22, 2014


Slovenian Economy to Shrink “Only” 2 Percent

According to the ERBD’s (European Bank for Reconstruction and Development) revision, Slovenia’s economy will shrink “only” 2 percent up from a 2.5 contraction of GDP which was forecast in November.
January 22, 2014


“No Real Wage Loss This Year“

In terms of real wages, Austria may face a trend reversal this year. In Southeastern Europe, by contrast, poverty is growing considerably.
January 21, 2014


Immofinanz Group Expands Further into Slovenia and the Czech Republic

The Austrian real estate group continues to implement its “STOP.SHOP.” retail warehouse chain concept.
January 21, 2014


S&P Optimistic About Slovenia

The U.S. rating agency reiterated the Slovenian sovereign debt rating at A-. The outlook remains “stable”. S&P´s analysts consider Slovenia´s crisis management as adequate.
January 17, 2014


Slovenia: Controversies over Ambassador’s Statements

Joseph Mussomeli, US ambassador to Slovenia, needs to justify himself to the Slovenian Foreign Ministry over his statements about the country’s independence.
January 17, 2014


WSE to Become Regional Leader?

The Warsaw Stock Exchange (WSE) hopes to take over a “dominant” role in trading in Central Europe, as announced by GPW, the bourse’s operator, on Thursday.
January 17, 2014


Slovenia Attracting FDI from US and UK

The Slovenian Ministry of Finance is taking great efforts to attract investors from the US and the UK.
January 17, 2014


IMF and EBRD Deeply Concerned Over CESEE

Foreign banks continue to withdraw capital from the region. According to the International Monetary Fund, the development is highly considerable.
January 14, 2014


CESEE: Number of NPL Declining

According to a study by Bank Austria, the number of bad loans is declining in Central and Eastern Europe.
January 14, 2014
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