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SPOE

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

Christian Kern: After All, Departure from Politics

The former SPÖ leader Christian Kern called to the SPÖ headquarters to quit his candidacy for the EU elections and to announce his farewell to politics. He is now indeed leaving politics and wants to return to the business world as a manager, or even to become an entrepreneur himself.

October 6, 2018

Thomas Drozda Appointed New Federal Managing Director of Austrian Social Democratic Party

The former cultural manager, who was brought back into politics by Chancellor Christian Kern, will accompany the new party leader, Pamela Rendi-Wagner, as Federal Managing Director of the Social Democratic Party (SPÖ).

September 26, 2018

Dr. Pamela Rendi-Wagner Confirmed as Party Leader of the Social Democratic Party of Austria

Pamela Rendi-Wagner, former Minister of Health and Women's Affairs, was nominated new party leader by the SPÖ party executive. This is the first time that a woman has assumed the position of SPÖ chairman. Andreas Schieder made room for Rendi Wagner, Thomas Drozda takes over the federal management from Max Lercher. Who is Rendi-Wagner and what will she do?

September 25, 2018 · Updated: September 26, 2018; 13:00

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

Andreas Schieder Resigns as SPÖ Parliamentary Club Chairman

In the course of the crisis and the restructuring of the Austrian Social Democrats (SPÖ), Mr. Andreas Schieder has thrown in the towel by resigning today as club chairman.

September 25, 2018

Christian Kern to Run as Top Candidate for EU Election and to Resign as Party Chairman

After initial rumours about a stepping down from politics, Christian Kern (SPÖ) announced in the evening that he plans to give up his party chairmanship and instead intends to run in the European Parliament elections as the leading candidate of the SPÖ. "He leaves as party leader, but remains loyal to politics."

September 19, 2018

Austria's Most Significant Opposition Politician About to Resign

According to the daily newspaper "Die Presse", SPÖ boss Christian Kern is about to resign and will announce his resignation later tonight.

September 18, 2018

Meet Vienna's New Mayor Dr. Michael Ludwig

Michael Ludwig is a Viennese politician, member of the SPÖ, and since a battle vote in January 2018 against Andreas Schieder the designated mayor respectively state governor of Vienna and the state party chairman of the SPÖ Vienna. On 24 May 2018 he will take up his new position as successor to Michael Häupl.

May 3, 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

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

Hypo Group Alpe Adria: Harsh Criticism on Austrian Government

The Austrian opposition blames the government for concealing the biggest financial disaster in Austria´s history. Governor of the Austrian National Bank Ewald Nowotny is under fire too.

February 6, 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

VBAG: Further State Aids Questionable

The governing Austrian social democrats (SPÖ) are against providing further funds to the partly nationalized banking group.

December 26, 2013

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

Faymann Underlines Necessity of Property Taxes

Austrian Chancellor Werner Faymann (SPÖ) calls for new taxes. In total, property taxes should bring tax revenues of more than € 2.0bn.

September 9, 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

Austria: Property Distribution Highly Unequal

About 10% of Austria´s population owns 70% of the nation´s wealth. The governing social democrats reaffirm that Austria needs property taxes.

August 5, 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: Opposition Puts Forward Constitutional Challenge

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

March 9, 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

Austria Shows Growing Inequality in Wealth Distribution

According to a study of OeNB (Austrian National Bank), the 3,77 million Austrian households have assets of € 265,033 on average. Median assets reach € 76,445.

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

Austrian Industry Claims Tax Cut

The Federation of Austrian Industries (IV) wants a tax relief. In the coming years, the tax quota should be reduced to 38%.

September 20, 2012

Faymann Demands Property and Inheritance Tax

Austria´s Chancellor Werner Faymann calls for a re-introduction of a property and inheritance tax.

September 17, 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

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

IHS Pleads for Inheritance Tax

Christian Keuschnigg, director of the Austrian Institute of Advanced Studies, thinks that an inheritance tax would be a contribution for more equality.

August 4, 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

SPÖ Supports Idea of Forced Loans

Like their German counterparts, the Austrian Social Democrats want to introduce forced loans for rich persons.

July 14, 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
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