City of Vienna further in debt in 2013

Categories
Finance

The level of debt run up by the Social Democrat controlled Vienna city council is at a record high after increasing by 285 million EUR in the last year to 4.63 billion EUR The statistics show that the city paid 84 percent of its running investment costs from the current budget, but about 16 percent […]

Vienna pledges €66mn U-Bahn deal

Categories
Business

The Viennese government may have saved 300 jobs by ordering 20 new underground trains. Bombardier Austria boss Germar Wacker warned yesterday (Mon) his company would be put under immense pressure if the city kept delaying to express the confirmation of an assignment vital to its factory in Vienna-Donaustadt. He explained that the capital’s government intended […]

Brauner denies VIA switch as campaigning intensifies

Categories
Politics

Social Democratic (SPÖ) Vienna financial affairs councillor Renate Brauner has rubbished rumours she was set to enter Vienna International Airport’s (VIA) board.Speculations Brauner would leave politics to become a member of the board of Flughafen Wien AG, the company managing VIA, have lingered on for weeks as decision-makers at the airport have come under pressure […]

Vienna night underground service to begin on 4 September

Categories
General News

The new all-night underground service on Fridays and Saturdays will begin on Saturday, 4 September, it was announced today (Thurs).Vienna Social Democratic (SPÖ) Deputy Mayor Renate Brauner and Günter Steinbauer, the manager of city public transport agency Wiener Linien, said trains would be spaced at 15 minute intervals during night time service.He said the new […]