Newsletter: Vienna International News

Orthodox Christians Celebrate Christmas in Austria

Every year on January 6 and 7, millions of Orthodox Christians around the world celebrate Christmas. In the capital, Vienna and many other cities, especially Serbian and Russian Orthodox Christians, as well as Oriental Orthodox Christians, are currently celebrating Christmas.

Ukrainians Want Raiffeisen Bankers Sanctioned

Austria's Raiffeisen Bank International is coming under pressure in Ukraine. RBI CEO Johann Strobl and another manager are on a list drawn up by Ukrainian authorities, according to which sanctions are recommended.

Inflation Sank in December to 10,2 Percent

The inflation rate continues to drop in Austria. After a reduction in November to 10,6 percent, inflation dropped even further in December to 10,2 percent. However, experts are slowing the enthusiasm down for the moment.

Aging Population Might Cause Debt Problems in the Future for Austria

The Austrian Ministry of Finance published a budget prognosis for the upcoming 30 to 40 years. The financial future looks bleak in Austria. More specifically, the level of debt will be rising in the next years due to an aging population.