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Regulation
Austria Welcomes EU's Artificial Intelligence Framework
Austria's Minister for Digital Affairs, Margarete Schramböck, welcomes the new EU proposition of rules for artificial intelligence. Schramböck stresses the need for an EU-lead process and advocates for secure and innovative solutions that would "promote innovation while ensuring a high level of protection and security."
April 26, 2021
EU Standards for COVID-19 Are Demanded
EU Commissioner Johannes Hahn, National Council President Wolfgang Sobotka (both ÖVP) and EU Member of Parliament Manfred Weber (CSU) are demanding EU standardised regulations in order to prevent further confusion as the regulations within the EU states are varying.
August 26, 2020
WIFO: Lack of Competition in Austria
According to WIFO, lack of competition is causing a growth bottleneck in Austria and requires legal action by the government and the EU.
December 29, 2010
Wage dumping
It is unusual that the former Austrian Trade Union Federation President Rudolf Hundstorfer finalised a draft law without a vote of social partners.
July 16, 2010
Stress tests - Erste Bank and RZB on the list
91 European banks will have to undergo stress tests of European regulators. Two Austrian institutions will be tested as well.
July 8, 2010
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