Bowlegs expose bank robber

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General News

A bank robber has been sentenced to more than three years in prison after his ex-girlfriend identified him on CCTV footage because of his bowlegs.The woman said in the witness stand at the Provincial Court in Ried im Innkreis, Upper Austria, yesterday (Thurs) that she was certain the man caught on camera during an armed […]

Graz grows as Vienna comes third

Categories
General News

The population of Graz has soared by more than 13 per cent during the past nine years, outdoing all of Austria’s other provincial capitals.Statistik Austria and the Federation of Austrian Cities (Städtebund) announced yesterday (Thurs) 257,000 people were currently living in the provincial capital of Styria, up by 13.7 per cent compared to 2001.The authorities […]

Shops experience ‘best 8th December in years’

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Business

Retail trade representatives are delighted about “sensational” revenue as hundreds of thousands of Austrians took the opportunity to go shopping on yesterday’s (Weds) national holiday.The 8th of December – which marks the Immaculate Conception of Mary – is traditionally one of the busiest days in the year for the retail trade sector as shops have […]

Road cargo volume may rise as RCA ups rates

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Business

Tons of cargo could be taken off the rails and transported on Austrian roads as cash-strapped Federal Railways (ÖBB) have raised their fees.ÖBB’s cargo transport subsidiary company Rail Cargo Austria (RCA) decided recently to increase rates by around 30 per cent in a bid to get back in the black. ÖBB head Christian Kern said […]

Smokers brace for price hikes

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Business

Prices for some of the most popular cigarette brands in Austria will increase from next year, it has emerged.Japan Tobacco International (JTI), which manages Austrian tobacco maker Austria Tabak, announced today (Weds) that its product range will get more expensive from next month. JTI said the unit price for a packet of Memphis, Smart, Camel […]

Salesman sentenced over €13mn deals with Kim Jong-il

Categories
General News

An Austrian businessman has been sentenced for selling luxury goods to North Korean dictator Kim Jong-il for more than 20 years.Judges at the Criminal Court of Vienna yesterday (Mon) found the entrepreneur guilty of having breached the international trade embargo issued on the dictatorial regime.The defendant sold eight Mercedes-Benz S-Class limousines and two yachts worth […]

Spending cuts will not affect purchase power, survey shows

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Business

Austrians’ spending power will increase year on year in 2011 despite higher taxes and less welfare spending, a new study suggests.RegioData announced today (Tues) that it expected Austrians’ purchasing power to rise by 2.6 per cent next year compared to this year’s rate. The research agency said this increase meant people will have 450 Euros […]

Eurozone troubles pose bigger risk than EE, says Treichl

Categories
Finance

Erste Bank boss Andreas Treichl has revealed he is more concerned about developments in the Eurozone than about developments in Eastern Europe (EE).The banker said today (Fri): “The biggest risk for us, the financial service providers, is the insecurity about the debt rates in the Eurozone and how they can be covered in the coming […]

Men exposed as Xmas shopaholics in poll

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Business

Men will spend around 100 Euros more on Christmas presents than women, a new survey has revealed.GfK Austria found that male Austrians planned to invest 455 on Christmas gifts for their loved ones, while women were expected to spend an average 356 Euros this year.The agency, which interviewed 500 Austrians aged 15 and older, also […]

Under-fire Michaelis ‘will not reapply’

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Business

Peter Michaelis will not apply for another term as head of Federal Industry-Holding Stock Corporation (ÖIAG), it has emerged.A spokeswoman for ÖIAG announced today (Fri) that the businessman, whose contract ends next June, did not have any plans to suggest an extension of his contract. She refused to reveal any names for potential successors, but […]