Salzburg deputy resigns after 3bn rogue trader loss


Salzburg’s deputy governor and the man in charge of the province’s finances has announced he plans to resign next month after an alleged rogue trader gambled away billions on risky financial market ventures. Law graduate  Monika R, 45, was hired in 2001 to speculate with taxpayers money and made massive losses in 2006 after she […]

Fekter set to clash with provinces


People’s Party (ÖVP) Finance Minister Maria Fekter is braced for controversial arguments with the financial councillors of Austria’s nine provinces after David Brenner expressed concerns about the government’s debt limit. Brenner – who heads the council of provincial financial councillors – said today (Tues) the federal coalition of Social Democrats (SPÖ) and ÖVP must abstain […]

Indian deported after strolling along motorway

General News

A 44-year-old Indian was detained and sent back to Italy after being caught trying to enter Austria on foot.The man was spotted strolling along the A13 Brenner motorway near Gries am Brenner in Tyrol by traffic policemen on Tuesday, local authorities said today (Thurs). He was deported to neighbouring Italy from where he presumably entered […]