Nagsasalita ka ba ng tagalog? – Do you speak Tagalog? About 9.000 people in Vienna would immediately reply “Yes!” as the city of Vienna counts 8.972 inhabitants with Filipino migrant background and another 3.566 inhabitants with Filipino citizenship. Eton Institute Vienna http://www.etoninstitute.com/at/ therefore takes the opportunity to throw the spotlight on the city’s Filipino Community […]
Tag: Institute
Vienna was treated to a “Carnival of Languages” last week as a language learning institute celebrated it’s third year in the city with an public event, including free classes and workshops. The Eton Institute Vienna put on dozens of activities at their third birthday event in the Vienna City Centre, including translating typically Viennese songs […]
Earthquake hits Austria
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Austria was shaken by an earthquake measuring 4.2 on the Richter Scale last night (Weds) at 19.17 PM. The epicentre of the earthquake was Ebreichsdorf in Lower Austria. A few days previously another earthquake hit there too. The earthquake was also felt in the Austrian capital of Vienna. According to the Austrian Earthquake Service at […]
Austrians in football fever
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Austrians are in football fever despite not qualifying for the Euro 2012 tournament in Poland and Ukraine, a new study has shown. The research by a Linz market research institute shows that 47 per cent of Austrians are interested in the football – that figure is only 10 per cent less than in 2008 when […]
Rising rents fuel inflation
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Prices climbed by more than two per cent last month. Statistik Austria said yesterday (Weds) the inflation rose by 2.3 per cent, meaning that the average price of predicts and services on offer in Austria climbed to this extent from April 2011 to the same month of this year. This is the lowest rise since […]
An economist has dismissed claims that a higher pension age means more unemployment. Former Institute for Economic Research (WIFO) chief Helmut Kramer said yesterday (Thurs) it was nothing but a “myth” that the number of young people out of work will rise if the average retirement age increases. “There is no connection between a later […]
ÖVAG and BAWAG ‘will not merge’
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FIMBAG boss Klaus Liebscher has admitted uncertainties regarding whether the state will ever again see any of its Volksbank AG (ÖVAG) participation capital. Liebscher told radio station Ö1 today (Thurs) it was impossible to make a definitive statement regarding the issue. He admitted that it was unlikely that the more than one billion Euros would […]
Sberbank set to spend 300mn
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The new owner of Volksbank International (VBI) has revealed plans to invest hundreds of millions of Euros. Sberbank – which transferred 505 million Euros for the finance institute to Volksbank AG (ÖVAG) in February – announced yesterday (Tues) it would spend 300 million Euros on the restructuring of VBI to support the planned expansion. Sberbank, […]
HGAA achieves profits after all
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Hypo Group Alpe Adria (HGAA) has made a profit for the first time in four years. The struggling finance institute – which had to be nationalized in December 2009 – said it managed to make profits of 59 million Euros last year. The Klagenfurt-based bank headed by Gottwald Kranebitter sustained a loss of more than […]
VBI sale ‘sealed soon’
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Volksbank AG (ÖVAG) bosses and Sberbank chiefs will sign contracts about the planned takeover of Volksbank International (VBI) later this week, according to Austrian business papers. Reports from today (Mon) have it that the struggling Austrian bank eventually agreed with the Moscow-based finance sector giant about a takeover price for VBI. Sberbank declared interest in […]