Ministry gives ‘disgraceful’ €200,000 for Pakistan aid

Categories
Politics

The Austrian agriculture ministry has come under fire for providing just 200,000 Euros of immediate aid for victims of flooding in Pakistan.Max Santner, head of the international aid department of the Austrian Red Cross (ÖRK), branded the ministry’s decision to provide 200,000 Euros as “disgraceful”.He added: “I hope this amount is not everything to come […]

Austria named top Q1 investor in Croatia

Categories
Business

Austrian firms have invested more in Croatia than companies from other countries in the first quarter of this year, it has been announced.The Croatian National Bank (HNB) said today (Tues) Austrian businesses spent 195.8 million Euros during the first three months of this year. Germany is in second with business activities worth 90.4 million Euros, […]

Africans often stereotyped in Austria, report says

Categories
General News

Black people living in Austria are still confronted with racism and stereotyping, a new study has revealed.Clara Akinyosoye, chief author of the independent 62-page report, said blacks were often insulted in public and sometimes treated unfairly by police.She added stereotypes like “Blacks are born with a perfect feeling for rhythm” dominate the daily life of […]

Greens want creditors to contribute to EU stability package

Categories
Politics

Green parliamentary whip Werner Kogler called today (Weds) for creditors to make a contribution to the financing of the EU stability package for Euro-zone countries.He said they needed to do that before they dumped bonds issued by countries high in debt on the European Central Bank (ECB), thereby transferring their financial risk to EU tax-payers.Banks […]

Austrian banks ‘will not flee Greece’

Categories
Finance

The chiefs of Austria’s biggest banks ensured they would not reduce investments in financially struggling Greece.Raiffeisenzentralbank (RZB) boss Walter Rothensteiner said after a meeting with the heads of Austria’s other four major banks and People’s Party (ÖVP) Finance Minister: “We will not speculate against Greece, and we won’t reduce our investments in the country.”Austrian banks […]

Austrians save more money than EU average

Categories
Finance

Austrians save more than the European average, new figures show.Federal statistics agency Statistik Austria said yesterday (Weds) Austrians put eleven per cent of their incomes into saving accounts last year – while the average European Union (EU) rate was 5.5 per cent. And 8.3 per cent of incomes in the Eurozone – the 16 European […]

Women’s Run Vienna a boost for health and tourism industry

Categories
Sports

Around 20,000 women are expected to take part in the 23rd Frauenlauf women’s run at Vienna’s Prater park next month.A new record was set last year as more than 18,000 registered participants took part.The tourism industry is expecting a boost from the 30 May event too since runners from 70 different countries led to soaring […]

Alliance blames industrialised nations for climate change

Categories
Green Austria

By William GreenAustrian environmental groups have launched a fresh attack on industrialised nations ahead of the Copenhagen climate change conference next month.The Austrian Alliance for Climate Justice – which includes 50 non-governmental organisations (NGOs) active in the environmental, development-assistance, social and humanitarian sector claimed yesterday (Weds) that industrialised countries were primarily responsible for climate change.The […]