Jobless rate shrinks as EE jobseeker barrier set to expire

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Business

Austria has registered a significant decline in unemployment.Official figures presented today (Fri) show that fewer than 253,000 people were out of work last month, down by 5.2 per cent compared to March 2010. This development means that the federal jobless rate shrank for the 13th month in a row.The federal labour ministry of Social Democrat […]

Immense breast cancer awareness in Austria

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General News

A vast majority of Austrian women are undergoing preventive breast cancer screening, according to a new study.German technology and health sector company Siemens AG found that 82 per cent of women living in Austria have seen doctors for such treatments. The firm, which interviewed over 4,000 women aged between 25 and 65 in eight countries, […]

Robbers blow up cash machine

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General News

Criminals may have escaped with thousands of Euros after blasting a cash terminal in Vienna-Favoriten this morning (Mon).Authorities in the federal capital said today that a woman living nearby called the police after she was woken up by the blast at around 3am. Policemen found the entrance of the Raiffeisen branch smashed and the cash […]

Baumit International reports turnover jump

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Business

Baumit International managed a year on year turnover increase in 2010.The company, which is based in Waldegg, Lower Austria, said today (Fri) that its turnover soared by 10 million Euros to 790 million Euros in 2010. The construction material firm does business in 29 countries in Central and Eastern Europe (CEE).Baumit International said it recently […]

Eurozone support must not end, many Austrians think

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Finance

Nearly one in two Austrians said their country should continue to participate in financial projects to stabilise ailing Eurozone members even if the European Union (EU) were to demand higher contributions.A study carried out by research firm Karmasin for weekly magazine profil shows that 49 per cent of Austrians think the federal government of Social […]

Romanian holiday expenditure outbids other EE budgets

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Business

Romanians are spending more than 100 Euros a day on vacations in Austria, it has been revealed.Austria’s national tourism office in Bucharest announced today (Fri) that holidaymakers from the country were spending an average 129 Euros a day during holidays in Austria in the winter. The average daily expenditure of Romanian holidaymakers in Austria in […]

Booming world economy to boost Europe, says WIFO

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Business

Europe’s economies will strongly benefit from thriving world markets, a leading think tank has claimed.Vienna’s Institute for Economic Research (WIFO) announced today (Fri) that the global economy will have grown by 4.4 per cent year on year in 2010 and by around 4.1 per cent the following year before a 4.6 per cent improvement is […]

Silgan might snatch Vogel & Noot

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Business

A leading American metal and plastic containers manufacturer has revealed it is close to completing the acquisition of an Austrian rival.US media report today (Thurs) Silgan Holdings Inc. (Silgan) is ready to take over Vogel & Noot Holding AG (Vogel & Noot) for 253 million Euros.Vogel & Noot, which is based in Wartberg in Styria’s […]

Austrian may have headed European prostitution ring

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General News

A 32-year-old Austrian is accused of having masterminded an internationally operating human-trafficking gang.Austrian police announced today (Thurs) that the man was arrested earlier this week. He is the main suspect in investigations into a prostitution business in Ibiza. Women from the Czech Republic, Germany and other countries were lured to the Spanish island.The Austrian and […]

Austria not among global top 10 regarding democracy

Categories
Politics

Austria has failed to make the top 10 in a think tank’s latest global democracy ranking.The Vienna-based Democracy Ranking Association announced today (Mon) Norway, which came second in 2009, toppled last year’s leader Sweden to grab first place in its 2010 Democracy Ranking.Finland takes third place ahead of Switzerland and Denmark. New Zealand makes sixth […]