Eton Institute Vienna launches Summer Campaign with huge Online Sale Vienna language institute offers one-day occasion to boost personal and professional skills Who hasn’t felt like learning and speaking another language recently to explore new worlds and open up one’s mind? And who hasn’t thought that summer would actually be the perfect time for turning […]
An Austrian doctor is claiming to have created the first drive-in doctors surgery – at a petrol station. Visitors who turn up for treatment can spend the waiting time filling up their cars, putting them in the washer or shopping in the petrol station supermarket while they wait to be called by Dr Dieter Zakel, […]
Karlheinz Essl steps away from Baumax
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Baumax founder Karlheinz Essl who hit the headlines earlier this year after he offered to sell his large art collection to Austria to help raise capital for his business, has stepped down as the chair of the company’s Supervisory Board. He has replaced himself with his son Martin Essl, who has been CEO of the […]
Austria as an economic location is seriously under threat according to domestic business leaders. The warning comes after several banks indicated that they were considering moving their headquarters abroad because of the taxes they were having to pay in Austria, and only last week steel industry voestalpine boss Wolfgang Eder also said that the tax […]
Property price rise continues
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The price of property in Vienna has now spiralled so much that every 4th apartment comes with a price tag of 500,000 or more. And every second flat costs 300,000 or more. One of the reasons is that the shortage of available property is resulting in many appartements being renovated and also investment in attic […]
A leading Austrian economist has caused controversy by questioning the government’s stance about how to deal with ailing bank Hypo Alpe Adria. Professor Karl Aiginger, who heads up think tank WIFO and is Professor of Economics at the Vienna University of Economics and Business Administration, said the government were too quick to completely reject the […]
The Austrian central bank has downplayed concerns over whether the real estate bubble in Vienna and the rest of the country could shake financial stability. However the central bank said on Monday it will be monitoring the situation by creating a new fundamental price indicator. Residential real estate in Austria increased 39% between 2007 and […]
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. The Parliamentary questions from Freedom Party MP Hans-Joerg Jenewein were filed to make public the claims in a new […]
By Oliver Rosenauer International students encounter a great deal of challenges when they decide to study abroad. Aside from the usual language barriers there are a series of questions related to jobs, university registration concerns and how to settle into life abroad. In Vienna a group of former Webster University students decided to dramatically change […]
The regional airline Air Alps is to be liquidated. In November flights between Bolzano and Rome were cancelled. Since then they have been trying to attract an investor but this has not been possible the airline announced today. The Austria South Tyrol regional airline is head quartered in Innsbruck, Austria. Over the past months there […]