Grasser was in Asia, not Switzerland says FORMAT

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General News

By Rob Hyde Although Grasser claims he received 500,000 Euros in cash from his mother-in-law in Switzerland, he had flown with AUA to the Far East at the time, says FORMAT magazine. Its article says former finance minister Karl-Heinz Grasser was in Nepal and Peking in the same period he says he was in Switzerland. […]

Grasser sues the Republic of Austria

Categories
Politics

The launch of the hearing of Karl-Heinz Grasser, the former Minister of Finance, against the Republic of Austria has been postponed.  Mr Grasser is suing the prosecutors as they launched a press release regarding searches at his house. Mr Grasser claims that the civil charges are an infringement of his personal rights and constitute damage […]

Grasser rejects BUWOG corruption claims

Categories
Politics

Former Freedom Party (FPÖ) Finance Minister Karl-Heinz Grasser has denied any wrongdoing regarding the sale of real estate management company BUWOG. The enterprise – which manages more than 60,000 apartments – was privatised in 2004 when Grasser headed the finance ministry. Ex-FPÖ General Secretary Walter Meischberger and marketing expert Peter Hochegger, who used to be […]

Grasser says Greece rescue was ‘worst decision’

Categories
Politics

Former Freedom Party (FPÖ) Finance Minister Karl-Heinz Grasser has branded the rescue plan for ailing Greece the “biggest mistake of the European Monetary Union”.Grasser said in a newspaper interview today (Tues) he would have forced the economically struggling country to leave the Eurozone. This term describes the 16 European Union (EU) member states which have […]

Immofinanz on road to recovery

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Business

Vienna-based real estate firm Immofinanz managed to keep its turnover stable in the first three quarters of its 2009/2010 business year (1 May to 30 April).Company officials said today (Weds) it had had turnover of 552.8 million Euros, down by just 0.47 per cent compared to its turnover during the same period of its previous […]