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Setback for the UN - Austria Won't Sign Global Migration Pact

Austria will follow the US and Hungary in backing out of a United Nations pact on migration (Global Compact for Safe, Orderly and Regular Migration) over concerns that it will blur the line between illegal and legal migration.

October 31, 2018

What Do You Know About the Austrian Federal President Van der Bellen

Alexander Van der Bellen is an Austrian economist, former politician of the Green Party and since 26 January 2017 ninth Austrian Federal President of the Second Republic.

October 4, 2018

Israel - Austria Relations: Lifting of Sanctions Against Kneissl is Nearing

According to information in the daily newspapers "Die Presse" and "Der Standard" on the sidelines of the UN General Assembly in New York, Israel plans to lift its ban on contacts with Austrian Foreign Minister Karin Kneissl. Netanyahu ordered Israeli authorities in December 2017 to refrain from contacts with FPÖ ministers. Although Kneissl is not a party member, she has been nominated by the Austrian Freedom Party FPÖ. However, the official Israeli contact ban will continue to apply to FPÖ government members.

September 26, 2018

Austrian Attaché at Tel Aviv Embassy Poses in T-Shirt of Right-Wing Identitarians

Austrian Foreign Minister Karin Kneissl has recalled Jürgen-Michael Kleppich, Attaché at the Austrian Embassy in Tel Aviv. The reason for this are media reports that shortly after Kleppich moved to Israel in January 2018, he posted a picture of himself in a T-shirt from the shop of right-wing extremist Identitarian Movement on Facebook.

March 22, 2018

Simplified Naturalisations in Austria for Families of Nazi Refugees

Austria plans to facilitate dual citizenship for the descendants of Nazi displaced persons.

March 15, 2018

Annual Report of the European Commission: How did Austria do?

The European Commission presented its annual reports on 27 EU member states. How did Austria do? Well, it kinda ended up with a black eye. The report took a pop at Vienna for a number of structural shortcomings, including tax burden on labour, pension and healthcare expenditures, house prices, restrictive regulation in the services markets, stagnating productivity and and not enough action on spreading digital technologies. That isn’t a particularly good report card for the previous coalition government of ÖVP und SPÖ. Let’s see if the new coalition government of ÖVP und FPÖ can make the grade the next time around.

March 11, 2018

Extremism-Gate: Special Session of Austrian National Council Convened

The somewhat opaque events surrounding the house search of the Federal Office for the Protection of the Constitution and Counter-Terrorism (BVT) are now making political waves. It is deeply disturbing that a unit, which in itself is not responsible for this, is supposed to have carried out the house search at the BVT and allegedly took highly sensitive intelligence information with it. The matter stinks to high heaven. The Austrian opposition has convened the National Council. The parties SPÖ, NEOS and Liste Pilz (LP) demand that Interior Minister Herbert Kickl (FPÖ) provides a complete explanation.

March 9, 2018

Austrian Government Presents Double Budget 2018/19: EU Requirements Are Met - 2019 Balanced Budget

The new Austrian government is planning a zero deficit for next year, Chancellor Sebastian Kurz (ÖVP) and Vice-Chancellor Heinz-Christian Strache (FPÖ) have announced. The planned reduction in corporation tax could be of interest to foreign investors and companies.

February 28, 2018

Presidential Poll Result Overturned by Austrian Constitutional Court

Austria's highest court has annulled the result of the presidential election narrowly lost by the candidate of the far-right Freedom Party Norbert Hofer.

July 1, 2016

Austrian Presidential Candidate Hofer Admits Defeat

Austria's presidential candidate Norbert Hofer admitted his defeat in the election via his Facebook site.

May 23, 2016

Final Results of Austria Presidential Election - Alexander van der Bellen Becomes New President

700,000 votes from polling stations have now been counted. Alexander Van der Bellen has won ahead of his rival Norbert Hofer by 50.3 to 49.7 percent. Thus Alexander van der Bellen, who has the support of the Greens, will become the first Green President of the Republic of Austria.

May 23, 2016 · Updated: May 23, 2016; 16:55

Chancellor Faymann Resigns

Werner Faymann has been Chancellor of Austria and chairman of the Social Democratic Party of Austria (SPÖ) since 2008. Today he announced that he will retire from all of his posts in the coming days. He resigned arguing that the reason is the loss of the support of his own party in the wake of last month's presidential elections.

May 9, 2016

Austria: Oppositional FPÖ Wants Return to Shilling

The largest Austrian opposition party wants to leave the Eurozone.

December 7, 2013

Austrian Elections 2013: Government Punished by the Voters

The two governing parties SPÖ and ÖVP have reached their worst results ever. Nevertheless, nothing will change in Austria.

September 29, 2013

Austrian Elections 2013: Governing Parties Lose Moderately

The Austrian political landscape has changed. New parties will enter the Austrian Parliament. Nevertheless, there is no realistic alternative to the “grand coalition” between SPÖ and ÖVP.

September 29, 2013 · Updated: September 29, 2013; 17:59

Austrian Elections 2013: Majority of Government Wobbles

Tomorrow, Austria will hold elections. The coalition between the social democrats (SPÖ) and the conservatives (ÖVP) has to fear that the majority may be lost.

September 28, 2013

Austria: Opposition Puts Forward Constitutional Challenge

Fiscal Pact undermines sovereignty of parliament and forces the country to severe austerity measures.

March 9, 2013

OeNB Does Not Bring Gold Reserves to Austria

Unlike Deutsche Bundesbank, the Austrian National Bank (OeNB) does not transfer the gold reserves from London back home.

January 17, 2013

Vienna´s Debt Level Grows Considerably

In 2013, the public debt level of Austria´s capital will increase to € 4.34bn.

November 19, 2012

Austrian Budget: Experts Call for Further Reforms (Part 3)

Economists think that the budget does not contain enough reform steps. The opposition does not see any signs of progress.

October 16, 2012

FPÖ Files Suit Against ESM

The biggest Austrian opposition party files a legal complaint against the European Stability Mechanism (ESM) at the Austrian Constitutional Court.

October 15, 2012

Stronach Founds New Party: „Historical Event“

The former CEO of the Canadian automotive group Magna has presented his new party “Team Stronach” today.

September 27, 2012

Banking Package: Austrian Opposition Criticizes Government Sharply

Today, the Austrian Audit Court explained that costs may reach up to € 4.8bn.

September 26, 2012

Austrian Elections 2013: Stronach Confirms Candidacy

This week, the former CEO of Magna Frank Stronach will present the program of his party. The name of the party is not fixed yet.

September 25, 2012

Austrian Chamber of Economics Supports ESM Decision in Germany

Austria´s Minister of Economics Reinhold Mitterlehner: “The decision of the German Constitution Court is an important signal for investments and will promote growth.”

September 12, 2012

Nowotny Hopes for ESM

The governor of OeNB (Austrian Central Bank) thinks that the bond purchases are not sufficient. Politics must help ECB, he argues.

September 10, 2012

FPÖ Wants Nowotny to Resign

The biggest Austrian opposition party criticizes the governor of Austrian Central Bank (OeNB) sharply. FPÖ´s leader Strache blames Nowotny to violate the “no bailout” clause.

September 1, 2012

FPÖ´s Strache Calls for Leaving Eurozone

Heinz-Christian Strache, chairman of the Austrian oppositional freedom party (FPÖ), suggests an Austrian exit.

August 29, 2012

Does the Euro Collapse Now? (Part 1)

The nervousness among Europe´s leaders is growing. Not only Finland warns of a breakdown.

August 17, 2012

Stronach Enters Political Stage

The Austro-Canadian industrialist Frank Stronach founds his own party and intends to run for the next election in 2013. Stronach wants Austria to leave the Eurozone.

August 13, 2012

Constitutional Court: ESM Examination Takes up to 6 Months

According to the biggest Austrian opposition party FPÖ, the European Stability Mechanism violates the Austrian constitution.

July 25, 2012

Fischer Signs ESM and Fiscal Pact

The Austrian Federal President Heinz Fischer approves the parliamentary referanda on the highly controversial ESM and Fiscal Pact. Now, only a constitutional complaint may prevent these issues.

July 17, 2012

Austrian Opposition Parties Fight Against Fiscal Pact

The three Austrian opposition parties FPÖ, The Greens and BZÖ announced to bring a complaint of unconstitutionality against the Fiscal Pact.

July 13, 2012

Fischer Wants to Check ESM

Austria´s Federal President Heinz Fischer does not sign the ESM approval by the Austrian Parliament yet. „I am not under time pressure.“ he says.

July 11, 2012

ESM Approved by Austrian Parliament

The controversial European Stability Mechanism was ratified by the Austrian National Council. The right opposition parties criticized the approval massively.

July 6, 2012

Banking Supervision: Satisfaction and Criticism

Austrian Members of the European Parliament welcomed the decisions taken by the euro summit. By contrast, the opposition party FPÖ criticizes the result as „final step towards a debt union“.

July 3, 2012

Austria Ratifies ESM

The government parties SPÖ and ÖVP got support by the oppositional Green Party. The remaining opposition parties criticized the „loss of sovereignty“ massively.

July 2, 2012

FPÖ Claims Popular Vote on ESM

The biggest Austrian opposition party warns of giving up the sovereignty. Together with the smallest opposition party BZÖ, FPÖ will vote against ESM.

June 21, 2012

Fekter Defends Euro Aids

Austria´s Finance Minister Maria Fekter underlines the „necessity of solidarity“ and stressed ist commitment to the common currency. The Austria opposition party FPÖ made a serious protest.

June 16, 2012

FPÖ: „Europe Has a Banking Problem“

The Austrian opposition leader Heinz-Christian Strache criticizes that European countries are downgraded due to their banks. Further bank aids would be likely.

June 13, 2012

Switzerland Ratifies Tax Treaty with Austria

The Swiss National Council approved the tax deal with Austria. Illegal funds of Austrian nationals in Switzerland will be taxed.

May 30, 2012

A “Speech to Austria”? No.

The disenchantment with politics in Austria is as big as never before. An ambitious, but meaningless speech of Vice-Chancellor Spindelegger will not change the misery.

May 15, 2012

Austrian Opposition Increase Criticism on Swiss Tax Deal

For FPÖ, the tax deal with Switzerland is a “gift for tax evaders”. The Green Party sees support for tax fraud.

April 18, 2012

Labor Time: Resistance Against SPÖ´s Plans

The governing Social-Democrats want to reduce labor time. Industrialists, the Chamber of Commerce and FPÖ decline that idea.

April 17, 2012

Austrian Opposition Aims to Bring Back Gold Reserves

The two Austrian opposition parties FPÖ and BZÖ push the Austrian Central Bank (OeNB) to disclose information about the gold reserves. OeNB refuses to do so.

April 14, 2012

Where is Austria´s Gold?

The major part of Austria´s gold reserves should be located in the U.S. The Austrian Central Bank does not answer any questions.

April 10, 2012

Fiscal Treaty: Austrian Economy Satisfied, Opposition Criticizes

After the signing of the EU fiscal treaty at the EU Summit today, reactions in Austria are very different. The largest opposition party FPÖ calls for a popular vote.

March 2, 2012

„Banks are the Real Austrian Problem“

The Austrian opposition criticizes the rescue of VBAG by the government massively. Further bank aids are feared.

February 28, 2012

FPÖ Wants Cuts in Spendings

The biggest Austrian opposition party suggests reducing public expenditures in order to reduce the budget deficit. Chairman Strache calls for a “subsidy brake”.

January 30, 2012

Strache Claims Cut in Subsidies

The chairman of the Austrian opposition party FPÖ criticized the government fiercely for its fiscal policy.

January 23, 2012
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