The opposition has turned its guns on the government over the latest savings package. The Social Democrats (SPÖ) and the conservative People’s Party (ÖVP) hope to save around 28 billion Euros in the coming years thanks to the budget consolidation pact. The package was passed in parliament yesterday (Weds). The opposition did not approve the […]
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The extension of the North autobahn along the A5 is pushing up property prices in the Weinviertel. Local property agents say that the area has a good reputation especially among businesses and families who will find it a lot easier to get to the capital once the road extension is complete. The region offers the […]
Davutoglu praises integration
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Turkish Foreign Minister Ahmet Davutoglu has visited a school in Vienna. Davutoglu and Austrian People’s Party (ÖVP) Foreign Minister Michael Spindelegger spoke with pupils and teachers of a secondary modern school in Vienna-Favoriten yesterday (Thurs). The families of around 25 per cent of the school’s students come from Turkey. The political scientist – who became […]
VIA mall planned
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Vienna International Airport (VIA or VIE) bosses have spoken about their intention to build a shopping centre. Flughafen Wien (FW) – which operates Austria’s biggest airport – said yesterday (Weds) a 10,000-square metre mall would be constructed in the direct vicinity to VIA in the coming years. The firm said it wanted to set up […]
Red Bull sales soar
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Red Bull managed to sell more than 4.6 billion cans of its trademark drink last year, it was announced yesterday (Weds). The company – which has its headquarters in Fuschl near Salzburg – said 4.63 billion cans of its energy drink were purchased across the world in 2011, 11.4 per cent more than in the […]
The vast majority of Austrians would appreciate the planned European Parliament (EP) voting law reform, according to a new study. The Austrian Society for European Policies (Österreichische Gesellschaft für Europapolitik, ÖGfE) announced today (Fri) that 60 per cent of Austrians wanted to elect the next president of the European Commission (EC) in a direct ballot. […]
Austrian Airlines (AUA) is set to receive fresh capital from Lufthansa while bosses up the pressure on the ailing carrier’s pilots. Lufthansa CEO Christoph Franz said yesterday (Thurs) that the Viennese airline – which was acquired by Lufthansa in September 2009 – would get 140 million Euros. He warned that the money would only be […]
Post AG staff benefit from turnover jump
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Austrian postal services provider Post AG has managed to increase its turnover despite lower interest in sending letters. Post AG chief Georg Pölzl said yesterday (Thurs) that the firm’s turnover rose by 4.2 per cent from 2010 to 2011 to 2.3 billion Euros. He explained that his company registered significantly fewer posted letters and postcards […]
Vienna SPÖ presents smart flats concept
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The Viennese government plans to offer affordable apartments to young families and singles who are on a low income. Viennese Social Democratic (SPÖ) Housing Councillor Michael Ludwig said at the SPÖ Vienna’s summit in Rust, Burgenland, yesterday (Thurs) that his department would create 2,000 “smart flats” within the coming two years. Ludwig said the apartments […]
Vienna’s economic strength slides
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Vienna is no longer one of the 10 richest regions in Europe. Eurostat, the European Commission’s (EC) statistics and research organisation, announced yesterday (Tues) that Vienna made 11th place in its latest check covering the whole European Union (EU). Eurostat said the Viennese area’s economic power was 161 per cent if 100 per cent was […]