Austria’s parliament has approved the eurozone’s permanent rescue fund, clearing the way for the country’s broader participation in the 17-nation zone’s financial crisis management. The governing left-center coalition was supported by the opposition Green party to surpass the two-thirds of votes needed for approval Wednesday. Opposed were the rightist Freedom Party and the populist BZO, […]
Tag: participation
Koren rumoured to succeed Wenzel
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A former BAWAG PSK (BAWAG) manager could take over at Volksbank AG (ÖVAG), according to reports. Business dailies claim today (Weds) that ex-BAWAG vice chief Stephan Koren – whose late father Stephan sen. served as Austrian People’s Party (ÖVP) finance minister between 1968 and 1970 – could be asked by the state to succeed Gerald […]
Strabag seals Polish bridge deal
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A consortium of three Strabag SE subsidiaries has been contracted to build a bridge in a city in northern Poland, it was announced today (Mon).Strabag said the consortium which features Strabag Sp.z o.o. Poland, Strabag AG Austria and Hermann Kirchner Polska Sp. z o.o. will build a bridge in Torun worth 139 million Euros.The […]