Federal Railways (ÖBB) boss Christian Kern has ruled out tickets becoming more expensive.”Ticket prices should not rise this year. We can save money in passenger services and our infrastructure elsewhere,” he told weekly magazine profil.Asked why he recently called for a 400-million-Euro injection by the state for the debt-ridden company, Kern explained he wanted to […]
One in five Austrians are at risk of getting themselves into debt this Christmas, a financial expert has warned.Alexander Maly of the Viennese Debtors Counselling Authority said today (Tues): “Some people feel pressure to consume and shop in order to belong to a certain group of friends.”Speaking to the Kronen Zeitung newspaper, Maly said around […]
Ten per cent of Austrians struggle to make ends meet, according to a new survey.Pollsters IFES and SORA who carried out the study for the Upper Austrian Labour Chamber (AKOÖ) announced today (Fri) that one in 10 Austrians (350,000) said they were unable to get along on what they earned. The agencies stressed […]
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 […]
Austrian business chiefs earned almost 500,000 Euros in so-called crisis year 2009, research shows.The research by Viennese consulting firm Kienbaum presented today (Thurs) shows that heads of Austrian firms cashed in an average 468,000 Euros before tax last year.Kienbaum experts said Austria lies above the European average, adding that comparable figures for the previous year […]
The vast majority of Austrian mothers and daughters feel left alone by politicians, a survey has found.Vienna-based research agency Karmasin who interviewed 500 parents in March and April revealed today (Thurs) that 82 per cent felt “let down” by politicians when it comes to support for their situation.Austria has been criticised in various […]