MP accuses Austrian government of Madoff cover up An Austrian MP has filed a series of Parliamentary questions to make public allegations that senior banking officials and others in the Alpine Republic had actively worked with Bernie Madoff to create his global Pyramid scheme.
'Green' Austria red-faced over EU emissions study
The Austrian government’s attempts to label Austria as an "eco-friendly country" with the know-how for "green technologies" of the future have suffered a throwback as Austria has been revealed as doing badly in reducing its emissions.
Pröll wants stronger Eurostat in crisis
People’s Party (ÖVP) Finance Minister Josef Pröll has suggested providing statistical information body Eurostat with more rights to ensure the European Union (EU) gets through the current financial crisis.
Pröll says Austria 'in full support' of UN and EU in Iran issue
People’s Party (ÖVP) Finance Minister Josef Pröll has stressed Austria was "in full support" of the United Nations’ (UN) and European Union’s (EU) strategy over possible sanctions against Iran as he arrived for a three-day visit in Israel yesterday (Weds).
Pröll welcomes EU regulation of hedge funds
People’s Party (ÖVP) Finance Minister Josef Pröll has welcomed today’s (Tues) unanimous approval of regulation of hedge funds by the 27 EU finance ministers meeting in Brussels.