US activist issues final PNR warning

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Politics

A human rights activist has highlighted the consequences an expected agreement between the European Union (EU) and the USA will have on travellers’ personal rights. US campaigner Edward Hasbrouck said speaking to the Kurier that the so-called Passenger Name Record (PNR) regulation – on which the EU and the United States are set to agree […]

Strabag snatches Oman order

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Business

An affiliate of Strabag SE has achieved a multi-million Euro assignment in Oman. The Austrian construction company said yesterday (Thurs) its Arabian subsidiary company would build a new port in Duqm, a port city in Oman, for 150 million Euros. The deal features the construction of numerous shipyards but also main roads, Strabag explained, adding […]

Fitch sees Greek ruin risk

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Politics

An analyst has warned of a “high” risk of a second Greek bankruptcy. The southern European country, which is part of the Eurozone and the European Union (EU) asked the EU, the International Monetary Fund (IMF) and the European Central Bank (ECB) for financial support for the first time last year to avoid state bankruptcy. […]

Anger as UPC considers sackings

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Business

Employee representatives are outraged as a cable TV and internet connection provider registered 90 workers with the Labour Market Service (AMS). Vienna-based UPC confirmed yesterday (Weds) that the staff could be dismissed. The firm argued it was in the middle of a “phase of restructuring”. UPC currently employs 1,000 staff, down from 1,100 last year. […]

EVN turnover drops as gas price hike is imminent

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Business

Lower Austrian energy sector giant EVN AG has suffered a slight decline in turnover despite selling more electricity and gas to customers in the past winter. The firm announced today (Thurs) its turnover slid by 0.9 per cent to 2.16 billion Euros from the first three quarters of the 2009/2010 business year to the next […]

Austria may be next victim of Euro zone debt crisis

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Business

The US website Daily FX Market News and Analysis reported today that Austria may well be the next victim of the Euro zone debt crisis. This has to do with Eastern and Central European countries having taken a good part of their debt in Swiss Francs to take advantage of Switzerland’s low interest rates. Daily […]

Farmers emphasise quality aspects as prices soar

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Business

Farmers have appealed to customers to appreciate the high quality of food produced in Austria instead of complaining about high prices. The Chamber of Agriculture pointed out today (Thurs) Austria’s food quality and safety standards were much stricter than European Union (EU) regulations in many regards. The chamber also stressed that genetically manipulated products were […]

Faymann pursues no-show policy

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Politics

Political opponents and some fellow party members are expected to turn their guns on Social Democratic (SPÖ) chief Werner Faymann once more as the chancellor skipped an arranged meeting with the president of Poland. Faymann was expected to welcome Bronislaw Komorowski for a brief chat at his office in Vienna on Wednesday. However, the meeting […]

MEPs are clueless, says minister

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Politics

A conservative opinion leader has been accused of “having no idea” about the situation in his homeland after calling for more support for a budget increase of the European Union (EU). Othmar Karas, the head of the delegation of the Austrian People’s Party (ÖVP) in the European Parliament (EP) in Strasbourg, France, recently said that […]

Disputed MEP faces fraud charges

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Politics

A controversial member of the European Parliament (MEP) could be in court for fraud later this year, it has emerged. Hans-Peter Martin made headlines by secretly filming MEPs of different nationalities and political movements to expose their alleged abuse of various privileges in Strasbourg, France, and Brussels, Belgium, where the European Parliament (EP) and the […]