Sinn warns of Eurozone ‘self-service shops’

Categories
Finance

One of Europe’s most influential economists has unleashed an extraordinary attack on the continent’s political elite. Hans-Werner Sinn – who heads the Institute for Economic Research (IFO) in Munich, Germany – has become one of the most outspoken critics of the European Union’s (EU) steps in reaction to the debt crisis of Eurozone members like […]

Almdudler sets its sights on UK

Categories
Business

A leading lemonade manufacturer has revealed plans to expand in Germany and Great Britain. Almdudler announced today (Thurs) it wanted to increase its market share in Germany in the coming years. The firm claimed doubling or tripling its current share in the German supermarket and gastronomy sector was not impossible. Almdudler sold 10 million litres […]

Austrian tattooist chopped into bits in Berlin

Categories
General News

German police and the Austrian foreign ministry are investigating after a chopped-up body found in a river in Berlin was identified as an Austrian. Investigators in the capital city of Germany want to await the results of a DNA check. However, they announced today (Weds) that a friend of Raoul Schmidhuber, 31, identified the torso […]

Algerian accused of crimes in Germany faces extradition

Categories
General News

A 36-year-old Algerian will be extradited to Germany, officials in Upper Austria announced today (Fri). The man was caught after a break-in. Police in the Austrian province explained they decided to hand him over to colleagues in neighbouring Germany after finding out they had issued an international arrest warrant on him. The African is accused […]

Anger as WWII ‘killer’ dies in Austria

Categories
Politics

Austria has been branded as a “paradise for Nazis” after it emerged that an alleged war criminal deceased in a care home in Carinthia. A spokesman for a Caritas retirement centre in Klagenfurt confirmed newspaper reports claiming that Milivoj Asner passed away today (Mon). He said the Croat perished aged 98 in the institution last […]

Happy holidays for national team after German trauma

Categories
Sports

The Austrian national team managed to make amends after having suffered a string of humiliating defeats in the Euro2012 qualification.The squad of Dietmar Constantini celebrated a 3-1 win against Latvia in Graz yesterday evening (Tues). The players clad in red-white-red had to put in some extra effort to please their fans after Pavels Mihadjuks took […]

Gomez ends Austrian Euro2012 hopes

Categories
Sports

Austrian football fans were left frustrated once more as their team suffered a bitter home defeat against old rivals Germany on Friday.The Austrian national team performed extraordinarily well after Germany controlled the scenery only for the first 10 minutes in the sold-out Ernst Happel Stadium in Vienna. Austria’s squad showed a lot of effort in […]

Hitler no longer Amstetten citizen of honour

Categories
General News

A town in Lower Austria has stripped Adolf Hitler of his honorary citizenship – 66 years after the Third Reich leader’s death.Hitler – who was born in Braunau, Upper Austria – committed suicide when the World War Two (WWII) defeat of Germany became imminent in April 1945. Now Amstetten Town Hall delegates dispossessed Hitler of […]

Strabag in German wind power bid

Categories
Business

Building industry top dog Strabag SE is to get involved in a major wind energy project.The Vienna-based company – Austria’s biggest construction firm – said today (Tues) it will cooperate with project leader Northern Energy Projekt GmbH in the endeavour. The German holding will set up around 850 offshore wind power stations in the North […]

Market manipulation suspects nabbed in Austria

Categories
Finance

Businessmen accused of having masterminded a multimillion-Euro financial market manipulation scheme have been arrested in Austria.The Vancouver Sun newspaper reports today (Fri) that ex-stock newsletter editor Pascal Geraths and Canadian stock promoter Aly Babu Mawji were put in custody in Salzburg and Vienna respectively.German prosecutors, who are currently investigating the potentially illegal stock market activities, […]