Bank Secrecy law not important for over half

Categories
Finance

Only 32 percent of Austrians regard the bank secrecy as personally important. This is the result of a survey of the Gallup institute for the “WirtschaftsBlatt”. 71 percent think that Austria is no tax haven. The results were identical nationwide in all age groups and professions. It is also remarkable that even big income earners […]

Stronach tempts another BZÖ politician

Categories
Politics

A councillor from the BZÖ has changed his political allegiance to join “Team Stronach”. The newlyformed political party set up by Austro Canadian multimillionaire Frank Stronach has poached many politicians from rival parties but the BZÖ has suffered particularly badly from losing its members. The latest desertion is of Michael Schabernig, aged 30. Announcing the […]

Coalition accelerates anti-corruption ambitions

Categories
Politics

The government is intensifying its attempts to pass a transparency package in parliament. The Social Democrats (SPÖ) and their coalition partner, the conservative People’s Party (ÖVP), arranged meetings with representatives of the parliament’s three opposition factions to debate details about the planned amendment. The law is set to create stricter rules regarding the subsidisation of […]

Austrians want crystal-clear political funding

Categories
Politics

Full transparency regarding the subsidisation of parties has been identified as the most urgent issue in fighting corruption in a poll. Viennese research centre Karmasin spoke with 500 Austrians for magazine profil. The agency made several suggestions to the interviewed voters about how to fight political corruption. The people the agency spoke with were allowed […]

Kopf promises support for anti-corruption panel

Categories
Politics

The People’s Party (ÖVP) has denied that it tries to enforce an early end to the parliamentary anti-corruption commission. The panel headed by Greens parliamentary member (MP) Gabriela Moser is investigating the various alleged corrupt connections between politicians and businesspeople since January. It suffered a setback when the ÖVP and its government coalition partner, the […]

Gorbach exposed as hunting trip participant

Categories
Politics

Former Alliance for the Future of Austria (BZÖ) Vice Chancellor Hubert Gorbach attended several hunting trips of a weapon industry and telecommunication technology lobbyist, according to leaked documents. Magazine News reports today (Thurs) that Gorbach took part in the hunting outings organised by Alfons Mensdorff-Pouilly. The lobbyist is married to ex-People’s Party (ÖVP) General Secretary […]

Stronach wants to fund political revolution

Categories
Politics

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 […]

Interest in politics hits all-time low

Categories
Politics

Fewer Austrians than ever before are interested in politics, according to a poll. Research group Imas said yesterday (Weds) only five per cent of citizens explained they were “strongly interested” in developments in interior politics. Around three in four admitted being indifferent or uninterested. Imas explained the percentage figure of those very interested has never […]

No Turkish private school for Tyrol

Categories
Politics

A Tyrolean town has rejected a group of Turkish businesspeople’s appeal to run a school. A commission formed by Rum Town Hall officials announced yesterday (Tues) it unanimously agreed to veto the endeavour. Turkish investors and retail trade entrepreneurs asked decision-makers whether they could create and manage a private school. The group aimed at setting […]

Prammer wants speedy TA investigations

Categories
Politics

Barbara Prammer has said exposed occurrences within Telekom Austria (TA) are “almost unbearable.” The Social Democrat (SPÖ) is, as first president of the federal parliament, the highest political representative of Austria after President Heinz Fischer. Prammer appealed on prosecutors to present the results of their investigations as soon as possible. The Social Democrat also said […]