Finance scandal reason for early election

Categories
Politics

The financial scandal in Salzburg has been hotly debated since last December. Many people lost their trust in the government and this has led to early elections on 5 May. The former financial adviser Wolfgang Eisl (ÖVP) issued a letter of attorney ten years ago, which allowed three state servants to make risky financial deals. […]

Rathgeber says she is scapegoat for financial losses

Categories
Finance

The former head of the budget department in Salzburg Monika Rathgeber said in an interview with the magazine “Profil” that everyone was blaming her for the financial scandal. In the interview, Monika Rathgeber gives her detailed view on the charges against her, reported the Austria Press Agency (APA). Apparently, there were neither secret deals nor […]

Rampant corruption in Austria

Categories
Business

Around 10 per cent of Austrians bribed authorities last year and almost one in two believe corruption in the country is on the rise, according to a study.Transparency International (TI) announced yesterday (Thurs) every eleventh Austrian admitted having acted corruptly in bribing officials of various sectors of public life in 2009. The internationally operating non-government […]