Free Tibet marches tarnish Hu visit


Hundreds of people took to the streets to protest against China’s stance on human rights and democracy as Heinz Fischer welcomed Hu Jintao at Hofburg Palace in Vienna this morning (Mon). The Austrian president discussed economic issues with his Chinese counterpart as they met for the first time since Fischer went on a state visit […]

HGAA stops ship leasing


Struggling Hypo Group Alpe Adria (HGAA) withdraws from nautical leasing operations in Southeast Europe. The bank – which is currently trying to restore its finances after being nationalised in 2009 – said around 320 leased HGAA vessels were currently operating, down from 700 in 2008. International consulting company PriceWaterhouseCoopers claimed in 2009 that 400 HGAA […]

More than 80,000 foreigners to study in Austria in 2025

General News

The number of foreigners at Austrian universities will double over the next 15 years, according to a new study.Frank Landler of the Austrian Academy of Sciences’ Institute for Demography (ÖAW) in Vienna announced today (Tues) that he expected 82,000 foreigners to study at Austrian institutions in 2025. Only 44,000 students from abroad were registered by […]

Androsch says Cerberus may back out of BAWAG PSK


Hannes Androsch has claimed US investor Cerberus Capital Management is considering leaving Austrian BAWAG PSK soon.The Former Social Democratic (SPÖ) finance minister said at a business event last night (Tues) it was possible that the American bank house withdrew its engagement “in the foreseeable future”.Cerberus however is committed to remain on board for at least […]