The US website Daily FX Market News and Analysis reported today that Austria may well be the next victim of the Euro zone debt crisis. This has to do with Eastern and Central European countries having taken a good part of their debt in Swiss Francs to take advantage of Switzerland’s low interest rates. Daily […]
Tag: Austria
Wrabetz under scrutiny after reelection
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Conservative decision-makers are expected to raise the pressure on Alexander Wrabetz after his re-election as head of national broadcaster ORF. Twenty-nine delegates of ORF’s 35-member foundation council confirmed Wrabetz in office after a two-hour hearing yesterday afternoon (Tues). The other members of the council abstained from voting. Wrabetz started his first term in 2006 thanks […]
Estonian Prime Minister Andrus Ansip has stressed he is not worried about his country’s economic performance despite calls for a boycott of products. The conservative politician told Austrian magazine profil: “I do agree that there is room to improve our political relationship with Russia. However, the economic cooperation is getting better. A tenth of our […]
Red Bull ends US cola adventure
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Red Bull has given up its bid to break the US market with its own cola drink. The Salzburg-based company introduced Simply Cola, a soft drink free from preservatives and artificial flavours, in Europe and overseas three years ago. Red Bull confirmed reports by US media claiming that it decided to stop selling Simply Cola […]
Bosses of Austria’s strongest right-wing faction are struggling to settle an intense party-internal dispute which experts say poses a risk to its grasp for power. Freedom Party (FPÖ) leader Heinz-Christian Strache and Norbert Hofer, Strache’s deputy, recently announced that member of the parliament (MP) Werner Königshofer will be expelled over a string of controversial claims. […]
Seven in 10 back burka ban
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A vast majority of Austrians want an anti-burka law, according to a new poll. Viennese public opinion agency Karmasin spoke with 500 Austrians to find that 71 per cent of them were in favour of such a law prohibiting wearing burkas in public places. Such veils cover women’s bodies expect a small gap for their […]
By Alessia De Silva A new clinic opened down the road from our offices in Vienna recently – with a large picture of a baby on the front. It is the Institut für Reproduktionsmedizin und Psychosomatik der Sterilities – rather a mouthful even if you do speak German – and what that means in English […]
AUA emergency landing in Bosnia
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An Austrian Airlines (AUA) flight had to carry out an unplanned landing en route to Austria. The passenger flight was due to land at Vienna International Airport (VIA or VIE) near Schwechat, Lower Austria yesterday afternoon (Weds). However, pilots of the Dash 8 jet – which started at Podgorica Airport (TGD) in Montenegro – decided […]
The number of requests for political asylum in Austria by people from North Africa has increased in the wake of the unrest in the region, new figures show. Official statistics presented today (Tues) reveal that 23 Libyans asked for asylum in Austria between January and June of this year. Only two refugees from the civil […]
Austria’s AAA rating confirmed
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An influential rating agency has warned Austria about its high state debt. Fitch announced yesterday evening (Mon) Austria needed to act more ambitiously against its steadily increasing high debt rate. The agency claimed the Alpine country would be better protected against economic setbacks in the future if it started to get active now. Austria’s debts […]