Vienna is no longer one of the 10 richest regions in Europe. Eurostat, the European Commission’s (EC) statistics and research organisation, announced yesterday (Tues) that Vienna made 11th place in its latest check covering the whole European Union (EU). Eurostat said the Viennese area’s economic power was 161 per cent if 100 per cent was […]
The number of unemployed people is on the rise in Austria. Statistik Austria announced yesterday (Thurs) that 310,000 residents of the country had no job in February. This is an increase of 6.1 per cent compared to the same month of 2011. Styria experienced the strongest increase among Austria’s nine provinces at 9.4 per cent. […]
ATV has been robbed of its standing as Austria’s most popular private TV station. Puls 4 overtook its key rival for the first time in four years thanks to a market share of 3.2 per cent last month. ATV garnered a stake of three per cent, according to TV consumption research released yesterday (Thurs). ServusTV, […]
Andreas Bierwirth is about to leave the executive board of Austrian Airlines (AUA), according to reports. Several Austrian business dailies report today (Fri) that the businessman’s contract will not be extended. The supervisory board of Lufthansa – which rescued AUA from ruin in 2009 – is understood to debate the details of Bierwirth’s departure in […]
The European Commission (EC) has appealed to Austria to abolish the various hindrances immigrants are facing on the country’s labour market. EC officials decided yesterday (Mon) to issue a warning to the Austrian government coalition of Social Democrats (SPÖ) and People’s Party (ÖVP) as well as to Austrian private economy decision-makers. EC experts said highly […]
Austrian Airlines (AUA) has decided to jack up ticket prices – only two months after the most recent increase. The struggling carrier, which suffered a loss of 65 million Euros in each of the past two years, said yesterday (Weds) its kerosene surcharge would increase as of next Tuesday (28 February). The airline explained that […]
Carinthia’s busiest aerodrome may soon have to do without any subsidies. The European Commission (EC) announced yesterday (Weds) it started examining the funding policy of German provinces and the Austrian province of Carinthia. The authority’s competition regulation watchdogs want to find out whether airports which had not been subsidised by provincial governments and city halls […]
Traffic researchers and motorists’ associations are at odds over how to react to rising fuel prices. Investigations by car club Arbö show that the average price for one litre of diesel fuel reached a four-year record last Monday at 1.397 Euros. The price for petrol shot up too, according to the association. Arbö and ÖAMTC, […]
FlyNiki founder Niki Lauda has harshly criticised a competitor for calling on a court to investigate a decision affecting aviation regulations. It emerged yesterday (Mon) that Austrian Airlines (AUA) filed a lawsuit at the Federal Constitutional Court (VfGH) regarding its number of flights between Vienna International Airport (VIA or VIE) and Ben Gurion International Airport […]
Almost one out of five Austrians consider investing in real estate within the next 12 months, according to an investigation. Public opinion agency Integral found that 19 per cent of Austrians planned to spend money on properties in the coming 12 months – five per cent more than in the previous quarter. The research group’s […]