Ex-Rapid Vienna coach Peter Pacult is accused of having seriously insulted a fan of the opponents’ team. The former Austrian national team striker – who currently coaches Red Bull-funded RB Leipzig in the fourth-highest German league – called a St Pauli fan a “gay pig” after his team’s 2-1 win over the Hamburg-based club on […]
Bank Austria (BA) chief Willibald Cernko has welcomed plans to create a bank bankruptcy regulation. Austrian law currently fails to feature rules which determine under which circumstances a financial institute with headquarters in the alpine country can start regulated insolvency procedures. Real economy businesses benefit from such an option on a regular basis. It is […]
Mario Scheiber has announced his resignation from professional skiing. The 29-year-old from East Tyrol – who looks back on doomed, injury-stricken years – said yesterday (Mon) that his right knee had failed to recover in the past weeks but got worse instead. Scheiber, who did not disclose his plans for the future, came fourth in […]
A renowned businessman has explained why he is ready to financially support a new political movement. Frank Stronach, the founder of automotive industry giant Magna International, made headlines a few days ago by claiming to be determined to provide a new political party of young people with “a lot of money”. Now the Austrian-Canadian entrepreneur […]
People’s Party (ÖVP) Vice Chancellor Michael Spindelegger has warned it would be a “disaster” if Austria lost its AAA credit rating. Austria’s soundness is currently given the best-possible rating by the world’s leading credit rating agencies, Moody’s, Standard & Poors (S&P) and Fitch. Economist Bernhard Felderer recently warned that they could downgrade their outlook for […]
A 38-year-old Croatian has been arrested for selling drugs in Carinthia and Salzburg. Police in Villach, Carinthia, announced today (Tues) the man was put in custody last week. They said he dealt with “large amounts” of cocaine, explaining that he added milk powder before selling the illegal substance to his clients In related news, police […]
District chiefs have turned their guns on the Viennese government over its plans to turn all residential areas into 30-kilometre-per-hour (kph) limit zones. The coalition of Social Democrats (SPÖ) and the Green Party of Vice Mayor Maria Vassilakou agreed after partnering up last year to increase the number of 30 kph limit streets in the […]
A controversial new terminal built at Vienna International Airport (VIA) will not be large enough to handle all Austrian Airlines (AUA) flights, according to a newspaper report.Building activities started in 2005 as it was the plan to put the main parts of the terminal called Skylink into operation ahead of the European Football Championship in […]
Political decision-makers in Vienna have revealed plans to drastically reduce the number of hospitals in the city.The Social Democrats (SPÖ) who form a government coalition with the Greens in the federal capital said yesterday (Thurs) that there should be just seven instead of the current 12 city-owned clinics by 2030.SPÖ Vienna Health Councillor […]
Bank Austria (BA) bosses have revealed plans to introduce a service based on the functions of mobile phones of the latest generation.BA private customer’s head of agendas Rainer Hauser said today (Tues) customers will be able to use the programme called SmartBanking with their smartphones over the internet, but also via post and fax.The model […]