Peoples Party (ÖVP) Finance Minister Josef Pröll has stressed Austria was “in full support” of the United Nations (UN) and European Unions (EU) strategy over possible sanctions against Iran as he arrived for a three-day visit in Israel yesterday (Weds).Pröll also said discussing strategies how to fight the effects of the economic crisis was the […]
Tag: crisis
Peoples Party (ÖVP) Economy Minister Reinhold Mitterlehner claimed Austria was “positioned to achieve sustainable growth” as the Organisation for Economic Co-operation and Development (OECD) predicted a bright future was ahead for the countrys economy.The body announced today (Weds) it expected Austrias economy to grow by 1.4 per cent year on year in 2010. Its most […]
Peoples Party (ÖVP) Finance Minister Josef Pröll has called for “rigid controls of, and painful sanctions for, Euro-zone deficit sinners.”Speaking before a meeting of Euro-zone finance ministers in Brussels on the Greek financial crisis today (Fri), he said that was the only way “to prevent such a situation from re-occurring.”The minister added that Austria would […]
The Greek financial crisis will have no immediate impact on Central and Eastern European countries (CEEs), according to Erste Bank analysts.Erste chief analyst Fritz Mostböck said yesterday evening (Thurs) that the crisis might delay adoption of the Euro by CEEs, which had been expected to occur in 2015 or 2016.He noted Poland and Bulgaria had […]
Plastics manufacturer Greiner Group reported that its turnover had declined by eight per cent year on year to 1.031 billion Euros in 2009 yesterday (Thurs) evening.Board members Axel Greiner and Axel Kühner said the decline had been moderate given the financial crisis and attributed it to the effect of fluctuations in currency-exchange rates.They added that […]
A German skier was found lying dead on the edge of a piste yesterday (Mon) at the Seekarspitz ski area in the Obertauern mountains in Salzburg province.Police said other skiers, including three doctors, and a rescue team had tried to vain to revive the man, 41. Rescuers took his body down to the valley floor.Police […]