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Peter Kaiser

Infineon Invests 1.6 Billion Euros in New Chip Factory in Austria

German semiconductor manufacturer Infineon is investing in Carinthia in the largest chip factory in Europe. 1.6 billion euros will be invested in the construction of a new semiconductor factory at the Villach site.

May 30, 2018

Austria: Freedom Party Admits Complicity

The Austrian Freedom Party (FPÖ) admits that it was also to blame for the disaster around Hypo Group Alpe Adria.

March 19, 2014

Hypo Group: Government Explains Downsizing Solution

On Tuesday the Austrian government will explain the decided downsizing solution for the ailing bank Hypo Group Alpe Adria. Carinthia only wants to pay € 300m in downsizing costs.

March 18, 2014

Austria: Carinthia Forced to Pay for Hypo Group

Finance Minister Michael Spindelegger announced wanting to include the federal province of Carinthia to participate in the downsizing costs for ailing bank Hypo Group Alpe Adria. Austerity measures are “inevitable”.

March 17, 2014

Faymann: Provinces to Participate in Hypo’s Downsizing Costs

Chancellor Werner Faymann announced that the provinces will have to make a financial contribution to the downsizing costs of Hypo Group. He is in favor of using the provincial share of the bank levy.

March 11, 2014

Hypo Group: Nowotny Calls for Fast Proceeding

Newly designated head of Hypo Group’s task force, Governor of the Austrian National Bank (OeNB) Ewald Nowotny, calls upon the government to fastly proceed with the downsizing of the ailing bank.

February 24, 2014
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