Faymann tests tax on financial transactions’ potential

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Politics

Austria is investigating how much money it could generate by a tax on financial transactions, according to Chancellor Werner Faymann. The chairman of the Austrian Social Democratic Party (SPÖ) told radio station Ö1 this morning (Tues) a team of experts were examining the issue for the government coalition of his party and the People’s Party […]

Verheugen says Merkel ‘harms German image’

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Politics

Günter Verheugen has launched a scathing attack on German Chancellor Angela Merkel over her actions in the European debt crisis. The former vice president of the European Commission (EC) told Austrian magazine profil the situation would be different today had Merkel said from the start that Europe would let no member of the European Union […]