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Konrad Pesendorfer
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Change at the Helm of Statistics Austria - Halt of "Message Control"


German-born Prof. Dr. Tobias Thomas replaces Konrad Pesendorfer, takes over as Co-CEO and becomes Technical Statistics Director General. His first official act is the suspension of advance transmissions of statistical press releases to the Federal Chancellery of Austria (BKA).
June 2, 2020
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EU Puts Limit to State Aids for Hypo Group

So far, € 4.8bn in capital aids had to be injected into ailing bank Hypo Group Alpe Adria. According to an EU statement, the Austrian state is only permitted to spend € 3.65bn on Hypo Group.
February 14, 2014
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Hypo Group: Bad Bank Active at Least 10 Years

Austria’s rating by Standard & Poor’s (“AA+”, stable outlook) is currently not compromised. Because of the establishing of the bad bank the debt rate will rise four to six percent.
February 12, 2014


Austria: Debt Quota to Increase Slightly

Because of the new EU regulations the debt quota will increase by around 2.5 percent.
December 3, 2013
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