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Vienna Among Europe's Most Expensive Cities
Living in cities is expensive. A study by management consultants Mercer ranks the most expensive cities in the world. Vienna is ranked high as one of the most expensive cities in Europe. Read on if you want to know where life is most expensive.
October 18, 2022
Foreigners in Austria: More Than a Quarter of the Austrian Population Has a Migration Background
A new study by Statistics Austria analysed the countries of origin of Austrians and found that more than a quarter of the Austrian population has a migration background. If you want to know where most foreigners in Austria come from and how much the proportion has increased in recent years, read on.
July 28, 2022
Vienna as Industrial Location: Proximity to Eastern Market Loses Importance
A recent survey shows that Vienna's infrastructure and quality of life are location advantages for Vienna as an industrial location, but the proximity to eastern European and other eastern markets declines in importance. Only 40 percent of the 172 surveyed Viennese industrial companies see the proximity to the eastern EU countries as an advantage,
April 8, 2021
Austrians Show Decreased Approval for EU
In a recent survey published by the European Parliament, the EU loses approval in Austria. Almost half of the Austrians survey believe that the European Union moves in a completely wrong direction, while only 35 percent believe the opposite. Compared to the numbers from 2019, the EU is losing support in Austria.
February 18, 2021
Eurochambres President Demands Rapid Measures for Businesses
At the presentation of the 28th Eurochambres Economic Survey, President of the Association for European Chambers of Commerce Leitl demands "immediate help" for businesses affected by the Covid-19 pandemic. According to him, the survey results show sharp declines in many economic indicators.
November 11, 2020
Investor Survey: Vienna Among Top 3 Locations for Real Estate Investments
Despite the Covid-19 crisis, Vienna is still one of the most attractive European metropolises for real estate investments. According to a recent survey among investors, London, Berlin and Vienna make up the Top 3 locations in which real estate is highly sought.
October 19, 2020
Approval for EU Membership Remains High Among Austrians
A recent survey conducted by the Austrian Society for European Politics shows that the Covid-19 pandemic had only little or no effect on the approval for EU membership among the Austrian population. 70 percent of a representative sample wants to remain in the European Union.
October 2, 2020
Majority of Czech Entrepreneurs Want Euro
According to a survey, more than three quarters of Czech entrepreneurs are in favor of the country adopting the Euro.
April 30, 2014
Banks Still Losing in Trust
The trust in banks is continuing to decline. The scepticism towards the financial branch has increased among 39 percent of Austrians while trust in banks only increased among five percent.
April 28, 2014
Austrians Cautiously Observant
Despite economic recovery the Austrian citizens are still cautiously observant.
April 22, 2014
Austria: Majority Does Not Trust Euro
Only 49 percent of Austrian citizens have faith in the Euro.
April 7, 2014
Hungary: Fidesz Considered Winners of Elections
The governing party Fidesz under Prime Minister Viktor Orban is expected to become the clear winner of the parliamentary elections on Sunday.
April 3, 2014
Czech Republic: Euro Support Still Weak
Almost a quarter of Czech citizens support the idea of joining the single European currency union.
April 2, 2014
Poland: Corporate Sentiment on the Rise
Enterprises in Poland are becoming more and more optimistic.
March 31, 2014
Serbia: Little Faith in Judiciary
The majority of the Serbian population does not trust state institutions, particularly the judiciary.
March 27, 2014
Hungary: Orban Striving to Become PM Again
In an attempt to gain another four years as head of the government Hungarian Prime Minister Viktor Orban praises the country’s achievements in the past years since his Fidesz party came into power.
March 26, 2014
Hypo Group: Nowotny to Replace Liebscher
After Liebscher, head of Hypo Group’s task force, announced throwing in the towel Nowotny, Governor of the Austrian National Bank (OeNB), will become his successor.
February 22, 2014
Hypo Group: 35 Percent Say FPÖ Has Main Share of Blame
According to a survey conducted by Austrian news magazin “Profil”, 35 percent consider the Austrian Freedom Party (FPÖ) to bear the main share of the blame in regard to the financial disaster of Hypo Group.
February 22, 2014
Bulgarians Pessimistic about Own Future
More than 90 percent of Bulgarian citizens deem the country to be in an economically bad situation.
February 20, 2014
Austria Most Popular Country among Hungarians
93 percent of Hungarians feel compassion towards Austria.
February 19, 2014
Austrians Prefer Real Estates as Safe Investment Form
Around two third of Austrian investors prefer safe form of investment like real estates and properties.
February 14, 2014
Banks Lose Credibility and Trust
A survey reveals the fear of financial institutes enriching themselves at the expense of of private persons is widely spread.
February 12, 2014
Hungary: Why Orban Faces Another Victory
At the beginning of April, Hungary will hold elections. Despite a high level of dissatisfaction and political frustration, there will be no government change.
February 7, 2014 · Updated: February 7, 2014; 17:59
Croatia: Optimism Despite Difficult Frame Conditions
After six consecutive years of negative growth rates, Croatia´s economy is still far away from a recovery. Nevertheless, Croatian entrepreneurs are relatively optimistic.
February 6, 2014
Austria: First Signs of a Credit Crunch
According to the CFO barometer, large enterprises fear that the access to bank loans will continue to worsen. Austrian SME want to become more independent of banks.
February 3, 2014
Serbia: EU Enthousiasm Kept in Limits
A survey among Serbian citizens about an EU membership reveals weak support.
January 30, 2014
Survey: CEOs in Romania Most Optimistic
A great majority of CEOs at Romanian enterprises are confident in regard to the economic outlook and growth in 2014.
January 24, 2014
CEE: Economic Sentiment at Lowest Level
ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE at lowest level.
January 24, 2014
Eurozone: Highest Economic Growth in Two Years
The purchase manager index for the private economy increased to 53.2 points up by 1.1 points, as published by Markit research institute on Thursday.
January 23, 2014
Austria: Savings to Shrink Further
According to Erste Group, the amount to be saved continues to shrink substantially. What is more, average loan amounts are declining moderately.
January 22, 2014
Austria: Distribution of Wealth Extremely Unequal
The top one percent of Austrian households possesses more than 50 percent of all investment income.
January 13, 2014
Eurozone: Number of Bank Credits Keeps Declining
The financial institutes in the Eurozone have been cutting back on granting credits. The lending for both business corporations and private persons has dropped by 2.3 percent.
January 3, 2014
Poland: Little Trust in Insurance Companies
According to a survey, Polish citizens lack in trust in insurance companies.
January 3, 2014
Serbia: Moderate Economic Growth in 2013
According to the release of the Serbian Statistical Office, GDP is estimated to have grown 2.4% in 2013.
January 2, 2014
Slovakia: Date for Presidential Election Fixed
The first round for the presidential elections in Slovakia will take place on March 15, 2014.
December 23, 2013
Slovak Prime Minister Confirms Presidental Candidacy
Slovak Prime Minister Robert Fico, who also serves as head of ruling left-winged Smer Party, announced his candidacy for the presidential office next year.
December 18, 2013
Bulgaria: More than Half of Citizens Would Not Take Out Bank Loan
According to a survey, almost 60 percent of Bulgarians would not take out a bank loan regardless of the terms.
November 27, 2013
Half of Austrians Consider the Country Stuck in Recession
According to an online survey, the Austrians are confident and not concerned by the most recent recession in the Eurozone. With a total of 87 index points consumer’s confidence remained stable in the third quarter of 2013.
November 12, 2013
Austria: Competitiveness Suffers from Poor Infrastructure
According to infrastructure report “FBA“ (Future Business Austria), the Austrian business location is suffering from poor infrastructure which leads to the country missing out on a productivity potential of almost € 34bn.
November 5, 2013
Industrial Sector: Growth Painfully Slow
According to a survey by research institute Markit, industrial production in the Eurozone increased in October for the fourth time in a row. However, the rate of growth is still low.
November 4, 2013
Slovenia: Significant Decline in Business Confidence
Sentiment indicator lower than in the previous month In October 2013 (-13 percentage points) the sentiment indicator was 1 percentage point lower than in September 2013 (-12 percentage points).
October 28, 2013
US Investors: Austrian Industrial Location Loses in Attractiveness
According to a study carried out by the American Chamber of Commerce (AmCham), the quality of the Austrian industrial location is seen ambiguous.
October 25, 2013
CFO Barometer: Upturn in Revenues
The majority of financial managers in the country are still restrained with investments. However, the majority estimates increasing turnovers at enterprises, according to the CFO barometer.
October 21, 2013
Turkey: Green Light for EU Accession Talks
On Tuesday, the EU Commission intends to give green light to accession negotiations with Turkey starting at the beginning of November.
October 18, 2013
Austrians Opposed to EU Enlargement
According to a survey, the majority of Austrians are opposed to an EU Accession of Turkey and Western Balkan States.
October 16, 2013
Poland: 70 Percent against Introduction of Euro
According to a recent survey carried out by Public Opinion Research Center (CBOS) as many as 70 percent reject the idea of introducing the Euro to Poland.
October 15, 2013
Poland: Majority Still against Joining Eurozone
According to a poll, 52 percent of Polish citizens regard the country’s joining the single currency union will be bad for the country.
October 1, 2013
EU Commission: Poland Lacks in Innovation and Work Efficiency
According to the EU Commission’s annual report on the competitiveness among the EU member countries, which was released on Wednesday, Poland has been improving its competitiveness.
September 26, 2013
Austria: SPÖ and ÖVP Hold Slight Majority of Votes
According to the latest survey, the Social Democrats (SPÖ) and the Austrian People’s Party (ÖVP) will have to face losses in the elections of the National Assembly on Sunday. However, they should be able to hold the majority.
September 24, 2013
Poland: 71 Percent Dissatisfied with Domestic State of Affairs
According to a new poll by TNS Polska, the majority of Polish citizens are displeased about the country’s situation reports Polish news agency PAP.
September 23, 2013