The Austrian Chancellor has accused British Prime Minister David Cameron of speaking differently to the British public than he does in private with the European Council. The comments were made by Chancellor Werner Faymann during an interview with DerStandard newspaper. “Why I have a hard time with David Cameron, also in a personal relationship and […]
Tag: European
Top Austrian golfer Bernd Wiesberger was pipped to the post at the Austrian Open play-offs on Sunday by Swede Mikael Lundberg. Lundberg managed to hold off the 2012 European Tour champion with a 40-foot birdie putt on the par-three 18th hole. The win was the 49-year-old Swede’s first European Tour victory in nearly six years. […]
FPOe politician Andreas Moelzer is no longer his party’s top candidate for the European Parliament elections. The news comes after his controversial remarks about race in the European Union led to senior Austrian politicians calling for him to withdraw. Moelzer decided to step down from the top candidacy position for the elections in May, citing […]
Austria will receive 350 million EUR owed by bank BAWAG PSK today, in the final repayment of the state aid provided to the lender during the financial crisis. The repayment comes after further capital was provided to BAWAG PSK by shareholders in March. Rumours that owners including investor Cerberus Capital Management are looking to sell […]
Air-traffic controllers across Europe staged a day of protest against the EU plan to unify the European airspace yesterday (Wednesday). There were limited disruptions to Austrian air traffic – the only flights affected were those to and from France. Officials at Vienna-Schwechat’s international airport said that ten links to Paris, Nice and Lyon (France) were […]
A renowned economist has warned from reintroducing the drachma in Greece. Greek economic expert Miranda Xafa said such a step would cause “economic chaos and a social explosion”. She told profil that no one could guarantee the stability of the currency. Xafa added: “No Greek exporter, hotelier or restaurant owner would change their Euros for […]
Austrian economy recovers, says OECD
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The Austrian economy will manage to grow by nearly one per cent this year, according to the Organisation for Economic Co-operation and Development (OECD). The Paris-based institution announced yesterday (Tues) that the small alpine state’s economy had chances to do 0.8 per cent better in 2012 than in 2011 before achieving an improvement of 1.6 […]
Austrian Vice Chancellor Michael Spindelegger has promised that the European Union (EU) will not let Greece down. The head of the People’s Party (ÖVP) said there was no alternative to helping Greece in its current situation. The member state of the EU and the Eurozone is in a serious political crisis after the leaders of […]
Young Austrian Golfers Going For Glory
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A number of Austria’s emerging golfing stars will be heading for Scotland next month to challenge for honours in Europe’s premier junior tournament. Clemens Bauer-Mitterlehner (12) from Vienna will be one of those joining hundreds of young golfers from around the globe at the U.S. Kids Golf European Championship. The tournament, now in its fifth […]
Cooperating clinics ‘can save 2bn’
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A study has made aware of immense savings potential in the health sector. The investigation – carried out by the Institute for Advanced Studies (IHS) – shows that Austria’s clinics could cut their costs by two billion Euros in the coming five years by cooperating more closely. IHS experts said hospitals should specialise on certain […]