Fewer than two per cent of Austrians are changing their electricity providers to save costs, it has been revealed.Walter Boltz, head of market watchdog E-Control, said today (Thurs): “No more than 1.7 per cent of households are changing their electricity providers each year despite the liberalisation of the sector (in 2001).”Speaking to the Kurier newspaper, […]
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A far-right member of the European Parliament (MEP) has called on Freedom Party (FPÖ) boss Heinz-Christian Strache not to deny the roots of his party.FPÖ MEP Andreas Mölzer told the Kurier newspaper today (Weds) Strache “must not be afraid” of pictures showing him with members of controversial student fraternities. Several FPÖ members of the Austrian […]
Powerful cars in high demand
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An increasing number of Austrians is opting for high-performance cars despite climbing fuel prices.The Austrian Traffic Club (VCÖ) announced today (Weds) that 31 per cent more sport utility vehicles (SUVs) were sold so far this year than in the same time span of 2010. The organisation added that car dealers look back on a 40 […]
An energy sector watchdog has hit out at energy providers for jacking up gas prices.Independent market observer E-Control said today (Weds) companies operating in Austria must not give the ongoing debate about a possible farewell to nuclear energy in Germany as a reason for their gas price hikes.E-Control revealed Austrian households have been forced to […]
OMV profit jumps despite Arab uprisings
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Energy sector giant OMV AG has managed to increase its turnover and profit although it was forced to scale back its activity at some of its most crucial production and exploration sites due to the unrest in the Arabian world.OMV said today (Weds) its turnover soared by 53 per cent to 8.07 billion Euros from […]
The Austrian Social Democrats (SPÖ) refuse to stop calling for a nuclear energy-free Europe.The party which currently forms a government with the conservative Peoples Party (ÖVP) asked physicist and nuclear technology expert Ernst Ulrich von Weizsäcker to speak at its meeting in Schwechat near Vienna yesterday (Mon).The German warned that there were limits […]
Top-level managers of Austrias leading companies raked in a fifth more last year than in so-called crisis year 2009.Reports from today (Tues) have it that members of the executive boards of the 20 Austrian firms quoted on the Vienna Stock Exchange (WBAG) earned around 20 per cent more in 2010 than the year before when […]
Moscow flops in holiday safety poll
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A vast majority of Austrians have admitted fears of street crime in Moscow.Insurance agency Allianz found that only 14 per cent consider the Russian capital as a safe place to visit. The insurer said today (Tues) New York in the United States fared slightly better as 28 per cent of Austrians say they are not […]
National economies in Asia and South America are of European countries and the United States in their bids to recover substantially from the credit crunch, according to an influential research organisation.The Institute for Economic Research (WIFO) announced today (Mon) that many states in Asia and South America were doing well trying to surpass pre-crisis gross […]
Alliance for the Future of Austria (BZÖ) boss Josef Bucher has called for a drastic reform of political structures in the countryside.The right-winger claimed today (Mon) smaller towns and communities should be forced to merge to avoid the financial collapse of the country. Bucher whose appeal comes after various newspapers and magazines as well […]