Austrians are forking out more on their cars than on food, new figures show.Statistik Austria said today (Weds) that 12.1 per cent of an average households overall expenditure were invested in foodstuff, while 15 per cent are soaked up by costs affecting cars and motorcycles. With 12.8 per cent, investments on leisure activities are also […]
Vienna International Airports (VIA or VIE) performance has been affected by the uprisings in North Africa and the Arabian region.Flughafen Wien AG, the company managing Austrias busiest aerodrome, said today (Tues) the number of passengers to destinations in the Far and Middle East edged down by 0.5 per cent last month compared to March 2010 […]
Austria has registered a significant decline in unemployment.Official figures presented today (Fri) show that fewer than 253,000 people were out of work last month, down by 5.2 per cent compared to March 2010. This development means that the federal jobless rate shrank for the 13th month in a row.The federal labour ministry of Social Democrat […]
Lufthansa bosses say they see an immense potential for savings at affiliate Austrian Airlines (AUA).The German aviation giant acquired a majority stake in AUA in September 2009. Most analysts claimed at the time that the deal would save the Viennese airline from ruin.Now Lufthansa CFO Stephan Gemkow said AUA could reduce its costs by 130 […]
Life keeps getting more expensive in Austria, figures presented today (Weds) show.Inflation rose by three per cent in February compared to the same month in 2010. This is the highest increase since October 2008 when the global economic downturn broke out. The price level soared by 3.1 per cent that month compared to October 2007.Last […]
An on-the-run crook tried to hide from police by hiding under a pile of dresses in a wardrobe, it has been reported.Officials in Saalfelden, Salzburg, announced today (Tues) that the 38-year-old was found crouching under a pile of dresses in his daughters bedroom wardrobe yesterday morning.The mans wife had allowed the police officers in after […]
Austrian Airlines (AUA) has identified the upheaval in North Africa as the main reason for its recent decline in passenger numbers.AUA said today (Thurs) it registered a total of 649,000 customers last month, down by 1.6 per cent compared to February 2010. The airline said especially the number of tickets sold for flights to destinations […]
More exports and higher activity of the countrys production sector have led to a 0.8 per cent increase of the Austrian gross domestic product (GDP) in the final quarter of last year, a think tank has announced.The Institute for Economic Research (WIFO) said today (Thurs) the GDP was 0.8 per cent higher between October and […]
Salaries in Austria will rise this year, according to an internationally operating personnel consulting firm.Aon Hewitt said today (Weds) Austrian businesses would pay three per cent more to their staff this year than in 2010. Aon Hewitt spoke with decision-makers at 42 Austrian firms of various branches. Aon Hewitt stated around half a year ago […]
Viennas unemployment rate has risen significantly.Statistik Austria said today (Tues) 7.6 per cent more people were without a job in the city last month than in February 2010, while all of Austrias other eight political regions registered declines.The overall Austrian unemployment rate was 4.3 per cent last month, down slightly year on year and compared […]