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OEVP Austrian Peoples Party

Freedom of the Media: Opposition Attacks Interior Minister Kickl

The opposition criticises the e-mail from Interior Minister Herbert Kickl (ÖVP), which is referred to as a "Gleichschaltungs" e-mail and would be a direct attack on democracy, freedom of opinion and freedom of the press.

September 25, 2018

Meet the Minister in Charge for Austria's Presidency of the Council of the EU: Gernot Blümel

During Austria's EU Council Presidency, the name Gernot Blümel, the Federal Minister responsible not only for the EU but also for art, culture and media, will be mentioned time and again. Blümel is also chairmen of the Vienna ÖVP and a close confidant of Chancellor Sebastian Kurz. His ministry is even physically integrated into the Federal Chancellery.

June 5, 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

Mitterlehner Replaces Spindelegger as Party Head and Vice Chancellor

Yesterday evening Reinhold Mitterlehner has been elected by the ÖVP board as new party chairman and vice chancellor. Spindelegger himself had left the party headquarters shortly before. The decision in the ÖVP board was unanimous. He is supposed to lead the party out of the crisis. His first statement after the designation on Tuesday evening was: "We must close ranks." He now wants to discuss in which direction to proceed with the tax reform. A political decision will fall but only in the fall.

August 27, 2014

Austrian Finance Minister Michael Spindelegger Quits

Finance Minister Michael Spindelegger resigned today after eight months in office, the reason are differences within the People's Party (ÖVP) on debt reform and tax. He also stepped down as vice chancellor and head of the Austrian People's Party (ÖVP), the center-right junior partner of the grand coalition government.

August 26, 2014

Why Austria´s Finance Minister Has to Go

Austrian Minister of Finance Michael Spindelegger is everything but firmly in his saddle. Behind the scenes, the fight for Spindelegger´s succession has started with full strength.

February 8, 2014

Austrian Minister of Finance Under Fire

Christoph Leitl, President of the Austrian Chamber of Economics, criticizes the Austrian government sharply. Minister of Finance Michael Spindelegger is put on the defensive.

February 5, 2014

Austria Far from Reaching Fiscal Targets

Josef Moser, President of the Austrian Audit Court fears that the zero deficit cannot be achieved until 2016.

January 18, 2014

Austria: New Government Already Disappoints in the First Week

In 2014, Austria will not achieve its fiscal objectives, new Minister of Finance Michael Spindelegger admitted. Austria´s fiscal situation is observed critically. The country faces a new austerity package.

December 23, 2013

Austria´s Government: Old Turns into New

The leaders of the old government, Chancellor Werner Faymann and Deputy Chancellor Michael Spindelegger, announced to form a new government.

December 12, 2013

Austrian Budget Gap „Only € 18.4bn“

The Austrian government has re-calculated the fiscal shortfall. Scheduled Bank aids come at € 5.8bn. There will be no austerity package, the government claims.

November 14, 2013

Austria: New Austerity Package to Come?

Austrian economists expect that the new government will draft another austerity package. Otherwise the fiscal objectives will not be achieved.

November 6, 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: Fekter Does Not Publish Controversial Industrial Location Study

According to a recent study on the quality of Austria´s industrial location, the number of leaving multinational companies is growing.

August 25, 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

Austria: Controversy About Property Taxes

According to Christian Keuschnigg, director of IHS, property taxes would have a negative impact on economic growth and the employment situation.

February 20, 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

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

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 Socialists Call for New Taxes

The governing SPÖ wants to introduce new property and inheritance taxes.

October 4, 2012

Austrian Railways to be Privatized?

ÖVP (Austrian People´s Party) again pushes for a privatization of ÖBB (Austrian Railways). The sale of the freight division would be conceivable, ÖVP´s chairman Michael Spindelegger says.

October 2, 2012

Austrian Central Bank Looks for New Governor

Next year, the mandates of the board of directors are expiring. Ewald Nowotny is said to be re-elected in his current position.

September 27, 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

ÖIAG to be Enlarged?

Publicly held companies like Verbund or Austrian Railways should be integrated into the Austrian industrial holding group.

September 21, 2012

Lopatka New State Secretary in Austrian Foreign Ministry

Reinhold Lopatka (Austrian People's Party - ÖVP) was sworn in as State Secretary in the Austrian Federal Ministry for European and International Affairs today by Austrian President Heinz Fischer.

September 12, 2012

Austrian Railways: Pöchhacker Opposes to Privatization Plans

Horst Pöchhacker, President of ÖBB´s (Austrian Railways) is against a privatization of the company. Vice-Chancellor Michael Spindelegger (ÖVP) recently suggested to sell ÖBB to Frank Stronach.

September 10, 2012

Fekter Wants Tax Reform

In an interview with the Austrian newspaper „Presse“, Finance Minister Maria Fekter said to plan a tax reform. The entry tax rate should be lowered.

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

Paierl Said to Become Next Chairman at ÖIAG

After months of discrete discussions, the new chairman of the Austrian Industrial Holding (ÖIAG) seems to be certain.

August 16, 2012

Property Taxes: Controversy Between Austrian Government Parties

The Austrian social democrats still push for introducing property taxes. The coalition partner ÖVP rejects the idea.

August 14, 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

Resistance Against Enlargement of ÖIAG

The chairman of ÖBB´s (Austrian Railways) supervisory board Horst Pöchhacker rejects the idea of integrating ÖBB, Verbund or Asfinag into the publicly held Austrian industrial holding ÖIAG.

July 19, 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

ÖIAG Looking for New Leader

After the resignation of Markus Beyrer, the Austrian publicly held ÖIAG (Austrian Industrial Holding) seeks for a new CEO.

July 5, 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

ÖIAG: No Solution in Sight

Today, the supervisory board of the Austrian Industrial Holding (ÖIAG) had a meeting. A clear strategy will not be found anyway.

June 28, 2012

Spindelegger: „Austria Must Delegate Competencies“

The Austrian Vice Chancellor and chairman of ÖVP Michael Spindelegger wants the centralize the European Union.

June 27, 2012

„ÖIAG Should Manage Banking Interests“

Austria´s Finance Minister Maria Fekter wants to upgrade the Austrian state holding ÖIAG.

June 23, 2012

Green Party: ESM Approval Depends on Financial Transaction Tax

The Austrian Green party will only vote for the ESM if there is a basic consent for the financial transaction tax.

June 22, 2012

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

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

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

Austria and Switzerland Signed Tax Treaty

Austria´s Finance Minister Fekter signed the tax treaty with her Swiss colleague Eveline Widmer-Schlumpf. In 2013, additional tax intake of € 1.0bn is expected.

April 14, 2012
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