Eton Institute Vienna launches Summer Campaign with huge Online Sale Vienna language institute offers one-day occasion to boost personal and professional skills Who hasn’t felt like learning and speaking another language recently to explore new worlds and open up one’s mind? And who hasn’t thought that summer would actually be the perfect time for turning […]
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City of Vienna further in debt in 2013
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The level of debt run up by the Social Democrat controlled Vienna city council is at a record high after increasing by 285 million EUR in the last year to 4.63 billion EUR The statistics show that the city paid 84 percent of its running investment costs from the current budget, but about 16 percent […]
Austria as an economic location is seriously under threat according to domestic business leaders. The warning comes after several banks indicated that they were considering moving their headquarters abroad because of the taxes they were having to pay in Austria, and only last week steel industry voestalpine boss Wolfgang Eder also said that the tax […]
Vienna Uni: Budget deficit shocker
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The University of Vienna finished the last academic year with an unexpected deficit of 15 million Euros. Rector Heinz Engl said it had budgeted for a loss of 8 million but that the Constitutional Court’s decision to suspend student fees had blown the budget to pieces. The university had a positive balance in 2010 and […]
Defibrillators network in Vienna
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Only ten out of 100 people in Vienna survive a sudden cardiac arrest outside a hospital. The association “Puls” wants to establish a dense network of defibrillators in the city and thus increase the survival rate. Only eleven percent of the people, who suffer a cardiac arrest outside a hospital, survive this. In contrast, there […]
Holidays against burnout
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The growing pressure in the working environment makes holidays even more important. This has been shown by a survey of the European Travel Insurance Company. Moreover, the search for the authentic experience as a counterbalance to the “virtual world of experience” will become more important in the future. However, the number of holidays has not […]
Birth balance negative once again
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The birth balance of 2012 has been negative for the first time in three years. This was due to an increase in deaths. Another trend is that women give birth to their first child when they are older. Even though more children were born last year, there was a negative balance of 484 for the […]
In comparison to European regions, Tyrol and Salzburg have the lowest regional unemployment. Most unemployment occurs in the regions of Spain and Greece. Tyrol and Salzburg registered an unemployment rate 2.5 percent each in 2012. This was followed by four regions in Germany with 2.7 and 2.9 percent. Upper Austria and Styria are also among […]
Baumgartner tax row
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The tax proceedings of the extreme sportsman Felix Baumgartner are still underway. Mr Baumgartner told the Austria Press Agency that he asked the Independent Finance Senate (UFS) to resolve his case. Mr Baumgartner has recently told the newspaper “Kronen Zeitung” that the Ministry of Finance denied his tax-saving status as part of an external audit. […]
OMV sees 4 per cent boost
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The listed oil producing company OMV increased its revenue in the first quarter of 2013 by 4 percent to 10.8 billion Euros compared to the same quarter of last year. The company not only managed to increase the revenue but also the net surplus by 52 percent to 951 million Euros. However, the surplus before […]