Young Austrians’ views are strongly influenced by hostility to strangers and concerns caused by the economic crisis, according to researchers. The Institute for Youth Culture Research spoke with 400 residents of Vienna aged between 16 and 19 to find that 43.6 per cent of them agreed with the claim that “there are way too many […]
Slalom World Cup given the go ahead
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The Slalom World Cup in Flachau in Austria has been given the go ahead. The FIS (International Ski Federation) declared the Hermann-Maier-World Cup course ready for the slalom competition at the start of next week this morning (Weds). Almost 70 centimetres of snow now lies on the course which will be sprayed over the coming […]
Beckenbauer bashes Bulls
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Football legend Franz Beckenbauer has harshly criticised Red Bull Salzburg’s (RBS) strategy. The ex-Germany captain told the Salzburger Nachrichten on Saturday: “A team have to find each other and ‘grow’, but there have been too many changes going on at Red Bull (Salzburg). Every year, there is another wave of new players. How is that […]
Graz Mayor Siegfried Nagl has said he understands the “anger” of Styrian public servants. Civil servants working for the province of Styria and its capital Graz were informed their salaries would not rise next year despite agreement on federal political level that wages should be increased by 2.95 per cent. Social Democratic (SPÖ) Minister for […]
Placebo worries tarnish debt limit talks
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Alliance for the Future of Austria (BZÖ) boss Josef Bucher has labelled the government’s debt limit bill a “placebo brake” as chances for an accord between the coalition and one of the parliament’s three opposition parties are decreasing. The right-winger said today (Thurs) he was willing to fight for an agreement until Monday but also […]
Spar Austria’s organic brand prospers
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Spar Austria head Gerhard Drexel has vowed to keep focusing on organic products due to the strong demand for the supermarket’s own Natur Pur range. Drexel told the Kurier today (Thurs) that his supermarket chain’s Natur Pur portfolio had achieved two-digit growth rates each year since its introduction. The businessman claimed the sale of organic […]
Raidl snubs ÖVP hot seat offer
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The Viennese People’s Party (ÖVP) tried to persuade an industrialist and conservative opinion leader to take over as chairman, it has emerged. Claus Raidl – who formerly headed tool steel manufacturer Böhler Uddeholm – confirmed today (Thurs) that he was approached by Vienna ÖVP officials about whether he could imagine becoming the party’s new leader. […]
Porr issues profit alert
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Austria’s third-biggest construction company has warned its shareholders of potential losses. Porr AG announced today (Thurs) it might suffer a loss of 70 to 80 million Euros before tax by the end of this year. The firm said it was challenged by write-offs in Eastern European (EE) countries like Hungary and Romania where state-owned institutions […]
The head of the Federal Audit Office (RH) has appealed to political leaders to avoid “gambling away the future of our children”. Josef Moser provided the government coalition and the parliament’s opposition factions with a list of 599 suggestions where the country could become more efficient as lawmakers keep arguing over how to slash the […]
Rating agencies ‘expect clear signal’
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Bernhard Felderer has explained why the Austrian government is well advised to fight for a two-third majority approval of its debt limit project. Social Democrats (SPÖ) and People’s Party (ÖVP) are currently trying to convince the Greens and the rightist Alliance for the Future of Austria (BZÖ) that its stricter budget path until 2020 was […]