The region of Velden in Carinthia is the latest named as having been involved in risky financial investments after losing close to 500,000 Euros of taxpayers money. If correct it will mean Velden is the latest in a number of local government bodies that has tried to profit from speculative investments. Now that the tide […]
Tag: Euro
From Autumn 2013 a new cable car will be in use in Wagrain in the Pongau which will connect the town’s two ski resorts. Two weeks ago the construction work for the 14 million Euro project began after four years of planning. The new ski lift will transport 130 people at a time two kilometres […]
Teen fined for child abuse
A 14-year-old school boy has been found guilty of sexually abusing a 12-year-old girl. The unnamed teenager was given a five month suspended sentence and handed a 1,000 euro fine after publishing naked photos of the youngster on the internet. According to the prosecution, the boy convinced the young girl, who attended the same school, […]
From now on you can ice-skate even in Summer. The Wiener Stadthalle is offering an ice-skating area of 1.800 square metres, open every Tuesday throughout the summer. Today is a special ice skating event – the Stadhalle ice rink will open until 11:00 pm as part of the “Long Night of Summer Ice-Skating”. Winter clothes […]
Austrians in football fever
Austrians are in football fever despite not qualifying for the Euro 2012 tournament in Poland and Ukraine, a new study has shown. The research by a Linz market research institute shows that 47 per cent of Austrians are interested in the football – that figure is only 10 per cent less than in 2008 when […]
Burgenland police have smashed a drug ring after the arrest of a Mr Big and then a few hours later rounding up his henchmen. The three were said to have sold drugs for at least 30,000 Euros. The 25-year-old suspect not named for legal reasons was found in Styria by Burgenland police investigators, and turned […]
By John Leo-Moberg Petticoats, the roaring of engines and a whole lot of nostalgia: in Reith im Alpbachtal, fans of the 50s, 60s and 70s are about to gather at the event “Rolling Oldies” in May to listen to live music from the time during a long week end. Period cars, clothes and dreams of […]
With the auction room filled to capacity, a crowd of telephone bidders drove the price for a work by Lorenzo Lippi up to 870,000 Euros at Vienna’s Dorotheum auction house. His “Triumph of David” was created under the influence of the Roman and French reaction to Caravaggio, and as such is characterised by the masterful […]
Johannes Hahn, the European commissioner for regional policy, has made clear that Greece will not receive any additional financial support by his department before the year after next. The former Austrian People’s Party (ÖVP) science minister told the Salzburger Nachrichten on Saturday that it had been previously agreed how much money the European Union’s (EU) […]
Austria benefited the most by the introduction of the Euro, according to an investigation. The German department of internationally operating consulting group McKinsey examined the economic performance of the 17 members of the Eurozone to determine which nation prospered the most. Twelve European Union (EU) states including Austria are the Eurozone’s founding members as they […]