Sponsored Content
Andreas Schieder
Sponsored Content
Austria for a Strategic Orientation of the EU Towards a Common Army and Away from Coal, Oil and Gas
The Russian attack on Ukraine shook Europe and opened many new and old political questions in the European Union and Austria.
March 24, 2022
Sponsored Content
Criticism of the Lack of Foreign and European Policy Reports
The opposition, represented by Andreas Schieder (SPÖ), criticises the fact that for the last three years the Foreign Ministers Kurz and Kneissel have not submitted any annual Foreign and European Policy Reports for the purpose of reporting on fundamental foreign policy issues.
June 3, 2019
Sponsored Content
European Elections 2019: Austrian Preliminary Final Results
The preliminary result of the 2019 European elections (without absentee ballot) has been announced. The Austrian People's Party won clearly ahead of the Austrian Socialist Party (SPÖ) and the Austrian Freedom Party (FPÖ). The Greens and NEOS followed in places 4 to 5. Votes cast by absentee ballot are not yet included in this result. The turnout without postal votes was 50.6%. In Vienna, the turnout including postal votes was 58.71%.
May 27, 2019
Austrian Government Dismissed: National Council Denies Government Confidence
The parliamentary motion of no confidence of the Social Democrats (SPÖ) was supported by the right-wing populist Freedom Party (FPÖ) and the Liste Jetzt. The majority of the members of the National Council thus expressed their distrust of Chancellor Kurz's government and removed it from office.
May 27, 2019
Sponsored Content
European Elections - Who Stands for Election and How Can a Non-Austrian EU Citizen Vote in Austria?
After the political earthquake in Austria and the end of the turquoise-blue government, the EU election on Sunday is eagerly awaited. A decision will be made on 18 EU mandates from Austria. In European elections, EU citizens are entitled to vote in Austria as long as they are registered in the European electoral register.
May 24, 2019
EU Citizens in Austria - Vote for Your Austrian MEP at the European Elections 2019
EU citizens who have their main residence in Austria can vote for Austrian members of the European Parliament. Here we show you how this works and who you can choose.
February 25, 2019
Enlargement Perspectives for the Western Balkans - The Role of Parliaments
During a panel discussion in the Austrian Parliament, the perspective of enlargement for the Western Balkans and, in this context, the role of parliaments were discussed. The future of the six candidate countries in the Western Balkans is within the EU. They need an honest perspective for this common future with the EU Member States. The EU must contribute to ensuring the stability of the democracies in these countries. The former President of the German Bundestag, Norbert Lammert, attended the discussion.
October 11, 2018
Andreas Schieder Resigns as SPÖ Parliamentary Club Chairman
In the course of the crisis and the restructuring of the Austrian Social Democrats (SPÖ), Mr. Andreas Schieder has thrown in the towel by resigning today as club chairman.
September 25, 2018
Meet Vienna's New Mayor Dr. Michael Ludwig
Michael Ludwig is a Viennese politician, member of the SPÖ, and since a battle vote in January 2018 against Andreas Schieder the designated mayor respectively state governor of Vienna and the state party chairman of the SPÖ Vienna. On 24 May 2018 he will take up his new position as successor to Michael Häupl.
May 3, 2018
Sponsored Content
Hypo Petition Puts Pressure on Austrian Government
The support of the online petition for the establishing of an investigation committee has gained more than 105,000 supporters which puts increasing pressure on the government.
March 28, 2014
Austria: Hypo Petition to be Continued
The online petition for the establishing of a parliamentary investigation committee will not be stopped by the Austrian government, consisting of SPÖ (Social Democrats) and ÖVP (Austrian People’s Party).
March 24, 2014
Hypo Group: Losses Expected to Run into Billions
Hypo Group Alpe Adria is expected to reveal losses of around € 2bn in the balance sheet for the business year 2013. Up to now, losses in the amount of € 1.3bn were expected.
March 12, 2014
Government Downplaying Effects of Hypo Group Desaster
Today, both Chancellor Werner Faymann and Finance Minister Michael Spindelegger had to explain their actions in regard to Hypo Group Alpe Adria in parliament.
February 17, 2014
Austria: President Presses for Progress in Coalition Negotiations
It has been two months after since the coalition negotiations started after the elections for the National Assembley. However, there has been not visible progress.
December 2, 2013
Sponsored Content
Austria: Tax Losses Amount to € 2bn in 2014
The Austrian People’s Party estimates tax losses in the amount of € 2bn for the coming fiscal year as announced by State Secretary for Foreign Affairs Reinhold Lopatka in an interview with radio station Ö1.
November 29, 2013
EU Financial Transaction Tax to Become a Flop?
Experts do not expect the financial transaction tax to become effective next year.
November 27, 2013
Austria: “Budget on Target“
State Secretary for Finance Andreas Schieder points out that “the figures from the Finance Ministry for the budget performance until October show that the budget 2013 is on target.” Social Minister Hundstorfer calls for reforms.
November 25, 2013
Fekter: Austrian Budget Gap Based on Unfavorable Economic Forecast
Yesterday afternoon current Finance Minister Maria Fekter and State Secretary of Finances Andreas Schieder met with the parliamentary budget committee. The opposition parties demanded answers and clarification in regard to the budget gap.
November 19, 2013
IMF Forecasts Only Minimal Growth for Austria in 2013
The International Monetary Fund (IMF) forecasts not even one half percent of GDP growth this year for Austria. However, 2014 has better chances for accelerated growth.
October 8, 2013
Sponsored Content
Schieder: IMF Confirms SPÖ-Claims
State Secretary for Finances, Andreas Schieder regards the demands by the International Monetary Fund (IMF) as a confirmation of those by the Social Democrats (SPÖ).
September 11, 2013
Austria: Up to € 11.7bn for Downsizing Hypo Group
Years of discussion went by; now the EU Commission has approved the downsizing plan for nationalized Hypo Alpe Adria.
September 4, 2013
Schieder: “Successful Employment and Regional Economic Policy Has to Be Continued“
Austrian State Secretary rejects unreliable surveys “talking down” Austrian economy.
August 14, 2013
Austrian Audit Court Criticizes Group Taxation
The costs of the Austrian group taxation model total about € 450m, the Audit Court said in a current report.
July 19, 2013
Fekter Wants to Reduce „Ageing Costs“
Austria´s Minister of Finance Maria Fekter thinks that pension cuts are inevitable. The social democrats reject Fekter´s ideas.
February 15, 2013
Sponsored Content
Austria Concludes Agreement on the Prohibition of Speculation
Minister of Finance Maria Fekter, Secretary of State Andreas Schieder, Conference Governor Markus Wallner, President of the Austrian Association of Municipalities Helmut Mödlhammer signed the agreement on the prohibition of speculation.
February 14, 2013
Austrian Governing Parties Disagree on EU Budget
The Austrian people´s party (ÖVP) has criticized Federal Chancellor Werner Faymann (SPÖ). The social democrats argue that the coalition partner ÖVP has “no team sprit”.
February 11, 2013
Austrian Government May Put Veto Against EU Budget
Members of the Austrian government fear that Austria may lose its discount. The annual loss would come at more than € 180m.
February 5, 2013
Fekter to Present Tax Reform Concept
In May, Austria´s minister of finance Maria Fekter (ÖVP) will present a new fiscal concept.
January 14, 2013
Nowotny Expected to Remain for Full Term
Finance Minister Fekter thinks that Nowotny will not resign before the end of his new term.
January 9, 2013
Sponsored Content
Austrian Banking Package: Losses total € 1.9bn
According to Austria´s Financial State Secretary Andreas Schieder, preliminary losses of the banking package come at € 1.9bn. Further losses are expected.
December 13, 2012
Austrian Socialists Call for New Taxes
The governing SPÖ wants to introduce new property and inheritance taxes.
October 4, 2012
No Leeway for Wage Tax Reduction
Austrian social democrats call for a relief of medium-income earners. Finance Minister Maria Fekter opposes to this idea.
August 27, 2012
Bank Insolvency Law: No Austrian Solo Run
Austria´s government changed its mind. There will be no national bank insolvency law. Austria will wait for a European solution instead.
July 23, 2012
SPÖ Supports Idea of Forced Loans
Like their German counterparts, the Austrian Social Democrats want to introduce forced loans for rich persons.
July 14, 2012
Sponsored Content
Government´s Plans on Bank Insolvency Law Failed
The Austrian government initially planned to initiate a bank insolvency law in order to liquidate financially stricken banks without major difficulties. Now, the plan has failed.
June 22, 2012
Uncertain Future for ÖIAG
After CEO Markus Beyrer announced to resign, a new debate about the future of the publicly held Austrian industrial holding emerged.
June 19, 2012
Mitterlehner Suggests Dissolving ÖIAG
The Austrian Minister of Economics Reinhold Mitterlehner intends to privatizie the remaining stake in Telekom Austria. This could mean the end of the Austrian industrial holding.
June 16, 2012
Fekter: Hollande´s Suggestions are “Nonsense”
Vice-Chancellor Spindelegger and Finance Minister Fekter are strictly against the introduction of Eurobonds and any amendments of the Fiscal Treaty.
May 22, 2012
Raiffeisen Against Bank Insolvency Act
The Austrian government announced to introduce a bank insolvency act in summer. Raiffeisen wants a European solution.
May 9, 2012
Sponsored Content
IMF: Austria´s Contribution to Reach € 6.0bn
The capital increase at the International Monetary Fund costs Austria € 6.0bn. Austria may receive an executive director. Schieder considers introducing Eurobonds.
April 23, 2012
Financial Transaction Tax: Schieder Raises Pressure on EU
Austria´s Financial State Secretary Andreas Schieder threatens to vote against higher EU contributions. To discuss about alternatives of the financial transaction tax is “too early.”
April 10, 2012
Telekom Austria: Pecik Denies Sales Talks
The Austrian investor Ronny Pecik is said to have had sales talks with China Mobile. Pecik reaffirms to remain at Telekom Austria as “long-term investor”.
March 19, 2012
Tax Treaty: Conflict with EU
The EU rejects Austrian tax treaty plans with Switzerland. Austria insists on the bilateral agreement.
March 7, 2012
Partial Nationalization of VBAG Planned
The financially stricken Austrian bank receives new capital. The Republic of Austria makes contributions of € 1.05bn. Bank taxes will increase.
February 27, 2012
Moody's Put Austria on Warning
The Austrian “AAA” rating has been confirmed by the U.S. rating agency. However, credit-watch is put on “negative”.
February 14, 2012
Austerity: ÖVP Becomes Impatient
Negotiations between the coalition partners SPÖ and ÖVP are going on. ÖVP´s chairman Spindelegger locates an “incredibly big need of consolidation”.
January 31, 2012
SPÖ Wants to Defend State’s Stake in Telekom Austria
According to State Secretary Andreas Schieder, the ÖIAG should defend its shareholding of 28%.
December 22, 2011
Fekter Pushes for Further Austerity Measures
The Austrian Minister of Finance, Maria Fekter (ÖVP), announced that the planned austerity measures will not be sufficient. The coalition partner SPÖ is upset.
December 19, 2011
Do Austrian Banks Need More Capital?
Recently, the prominent Austrian industrialist Hannes Androsch expressed his concerns about the equity situation of Austrian banks. Androsch sees many challenges for the domestic bank sector.
October 15, 2011
Mitterlehner with Plans for Reform of ÖIAG
The Minister of Economics intends to reposition the Austrian state holding company. Markus Beyrer, the new CEO, is currently evaluating new concepts.
July 25, 2011
Sponsored Content
Fast News Search
