Austria has one of the densest millionaire populations in the world, a survey has revealed.Boston Consulting Groups (BCG) Global Wealth Report 2011 shows that, with 5.2 million households, most US dollar millionaires live in the United States of America. Millionaire households represented only 0.9 per cent of all households in the world. These families owned […]
A severe party-internal rift is building up in the Freedom Party (FPÖ) after a far-right opinion leader questioned the partys ability to rule.FPÖ Member of the European Parliament (MEP) Andreas Mölzer said in his internet blog he wondered “whether we will be able to give answers, create new concepts and carry out real reforms for […]
More than one out of five residents of Vienna are foreigners, statistics have shown.Federal agency Statistik Austria said today (Fri) the capitals percentage of foreigners was 21.5 per cent while only 11 per cent of Austrias populace have other nationalities than Austrian. The authority also explained that, with more than 368,000, around 40 per cent […]
Two Canadian women and a man from Lower Austria have been hospitalised after crashing into each other on their bikes.Police in Lienz, East Tyrol, said today (Thurs) the holidaymakers from overseas were going at high speed on their racing cycles when they collided with the Baden-based man on Tuesday.The trio sustained undisclosed injuries in the […]
Designated Peoples Party (ÖVP) chairman Michael Spindelegger may be forced to change his partys strategy as rumours about the looming foundation of a new party are growing.Newspapers report that Veit Sorger, head of the Federation of Austrian Industries (IV), considers setting up a new political movement. The businessman who has hit out at the […]
Many Austrian businesspeople are questioning investigations indicating that bribery is rampant in the country, a new survey shows.Research group Ernst & Young interviewed more than 100 Austrian employees and company chiefs as part of its European Fraud Survey 2011. The agency said today (Weds) only 34 per cent of polled Austrians believe corruption is common […]
Freedom Party (FPÖ) chief Heinz-Christian Strache accused the government of “dispossessing” Austrians of their assets and savings by supporting ailing Eurozone member Greece.The right-winger said in the federal parliament in Vienna yesterday (Tues) the coalition of Social Democrats (SPÖ) and the Peoples Party (ÖVP) must stop offering any further support to the struggling Southern European […]
A controversial right-winger has higher approval ratings than new Peoples Party (ÖVP) boss Michael Spindelegger.Research firm Karmasin found in a poll for magazine profil that 13 per cent of Austrians want Heinz-Christian Strache (FPÖ), head of the right-wing Freedom Party (FPÖ), to become the countrys next chancellor. Only 12 per cent say the same about […]
A top banker has been accused of “showing personal characteristics of greed and arrogance” after he branded Austrias political elite as “too stupid and cowardly.”Erste Group Bank AG (Erste Bank) boss Andreas Treichl incited an intense discussion about the decision-making of Social Democrats (SPÖ) and the Peoples Party (ÖVP) when he claimed at a business […]
The Austrian Social Democrats (SPÖ) refuse to stop calling for a nuclear energy-free Europe.The party which currently forms a government with the conservative Peoples Party (ÖVP) asked physicist and nuclear technology expert Ernst Ulrich von Weizsäcker to speak at its meeting in Schwechat near Vienna yesterday (Mon).The German warned that there were limits […]