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 […]
The Viennese government has presented plans for a new Bike City housing project. The housing construction initiative for Liesing district resembles buildings in Leopoldstadt district and Vienna-Floridsdorf. Residents of the Bike City in Vienna-Leopoldstadt are allowed to own cars while people living on such an estate in Floridsdorf had to sign a declaration declaring they […]
The Viennese city coalition plans to crack down on early retirement. Social Democratic (SPÖ) Mayor Michael Häupl announced yesterday (Tues) that he wanted to increase the average pension age of the capital’s public servants from the current 56 to 60 years. Häupl did not disclose when the four-year increase should be achieved. His announcement came […]
Volksbank International (VBI) will continue to have its headquarters in Vienna, the vice chairman of the finance institute’s new owner has promised. Sergey Gorkov, the deputy head of Sberbank’s executive board, said today (Mon) VBI would not leave the Austrian capital. He told the Kurier newspaper the plan was to increase the number of staff […]
Social Democratic (SPÖ) whip Josef Cap has said he is optimistic about strong support for a reform of the parliament by all represented factions. The long-time member of parliament (MP) said today (Fri) he was certain that the opposition would approve plans for a reduction of the federal parliament too “if the concept is convincing”. […]
Viennese Social Democratic (SPÖ) Financial Affairs Councillor Renate Brauner has stressed that “immense challenges” are ahead for the city. Brauner told the Kurier today (Fri) that the Viennese SPÖ-Greens coalition would try to avoid a decrease of service quality to citizens despite the need to save one billion Euros in the coming five years. Brauner […]
The Labour Chamber (AK) has criticised real estate managers over sharp price hikes. The organisation said yesterday (Weds) that rents for flats rose by 34.5 per cent on average between 2001 and 2010 while the inflation climbed by just 21 per cent at the same time. AK officials called on property dealers to stop charging […]
Austrians acquired less fuel last year, according to a traffic research organisation. The Austria Traffic Club (VCÖ) said yesterday (Sun) around 9.6 billion litres of petrol were sold in 2011, down from 9.7 billion litres in the previous year. An all-time record was achieved in 2005 when 10.2 billion litres were sold across the country, […]
The Freedom Party (FPÖ) has attacked the People’s Party (ÖVP) over its plan to increase the pension age in the coming years. ÖVP Vice Chancellor Michael Spindelegger announced yesterday (Thurs) his party aimed at raising the actual pension age by four years by 2020. He said a bonus system should ensure that people worked longer. […]
Austrian National Bank (OeNB) President Claus Raidl has called on the government to lower taxes on labour. Raidl told Die Pressr today (Weds) the taxation burden on labour must decline. He called Austria’s income tax system as “insane”. International organisations like the OECD, the Organisation for Economic Co-operation and Development, and the International Monetary Fund […]