A motorist association has called on the government to interfere in the Austrian mineral oil industrys price determination.Arbö criticised today (Mon) that one litre of regular car fuel was 4.5 Eurocent cheaper at a petrol station in Germany than at a station in the adjacent Austrian province of Salzburg despite higher mineral oil taxes in […]
Fewer than one out of four Austrians are satisfied with the governments work, according to a poll.Researchers Karmasin found that just 22 per cent are pleased by the performance of the coalition of Social Democrats (SPÖ) and the Peoples Party (ÖVP) which took office in December 2008.Sixteen per cent said they were in favour of […]
Austria has failed to retain its position as the Eurozones jobless rate model pupil, it emerged today (Fri).Figures presented by Eurostat, the European Commissions (EC) statistics agency, show that 4.5 per cent of people living in Austria had no job last month (August 2010: 4.3 per cent). The Netherlands, which took second place in August, […]
Telekom Austria (TA) boss Hannes Ametsreiter has called for more investments in the education sector.The businessman said today (Thurs) Austria must “urgently” think about how to improve the education system.”We must spend more on education if Austrian firms want to be able to compete internationally. Austria has always had a high creative potential. We must […]
People’s Party (ÖVP) Foreign Minister Michael Spindelegger said he has been “forced” into closing some Austrian embassies due to cutbacks ordered by his ministry for the coming years.The minister said today (Mon): “I have not got any other option than closing some embassies.”Spindelegger refused to reveal how many Austrian representations abroad will be shut and […]
Austria has the second-best competitive edge in the Eurozone, a leading think tank has claimed.The Brussels-based Lisbon Council announced today (Mon) that Germany (8.5 points) had the greatest competitiveness among the 16 European union (EU) member states which have adopted the Euro as their sole currency.Austria garnered 8.3 points in the study to come second […]
Car clubs have turned their guns on the government over plans to raise taxes on mineral oil (MöSt).ÖAMTC said today (Thurs) the coalition of Social Democrats (SPÖ) and the conservative Peoples Party (ÖVP) was “lacking ideas” in its attempts to restore the state budget as government officials hinted towards higher MöSt from next year.The motorists […]
Former German Social Democratic (SPD) Finance Minister Peer Steinbrück has criticised the Austrian Social Democrats (SPÖ) for holding back information on the 2011 budget after two provincial elections took place.The Austrian SPÖ government and the conservative Peoples Party (ÖVP) controversially announced it would wait until December to reveal possible higher or new taxes and cuts. […]
Austria has retained its title of being the European Unions (EU) jobless rate model pupil.The European Commissions (EC) statistics body Eurostat found that Austria still had the lowest unemployment rate among the EU-27 with 4.3 per cent, followed by the Netherlands where 4.5 per cent of residents were out of work in August.The agency also […]
Political decision-makers are at odds over what conclusions to draw from economic predictions made today (Fri).The Institute for Economic Research (WIFO) and the Institute for Higher Studies (IHS) announced they expected the Austrian economy to recover quicker from the credit crunch than initially predicted.IHS said the countrys gross domestic product (GDP) will rise by 1.8 […]