Bad bank solution for Hypo Alpe Adria

Categories
Finance

Austria’s national bank governor (OeNB) Ewald Nowotny has come out in favour of a “Bad Bank” model to solve the problems of the Hypo Alpe Adria (HGAA) bank. The bank in Carinthia was at the centre of a scandal after it was revealed that it had been involved in a number of questionable activities including […]

Fast food and clean homes to blame for allergy increase

Categories
Lifestyle

Paediatricians at Vienna’s Medical University have raised the alarm about an increase of a third in the number of child allergy sufferers – blaming fast food and excessive hygiene. The experts say that the allergies are a growing problem for children and even food allergies are on the increase, as well as the more common […]

Firemen tackle crematorium fire

Categories
General News

Firemen were called out to deal with an unplanned blaze in an Austrian crematorium at a cemetery in Graz this week. The blaze was caused when a filter overheated and was difficult to bring under control because of the thick isolation around the filter. The filter was fixed to one of the ovens used to […]

17-year-old confesses to 17,000 Euro fraud

Categories
General News

A 17-year-old boy has been caught after selling 17,000 Euros worth of electrical equipment that he acquired after forging contracts and identification in Salzburg. For more than a month beginning in April of this year, the boy completed contracts with different mobile network operators in Salzburg under a false name. Through these contracts he received […]

Wills and Kate wedding bash band in trouble

Categories
Culture

An Austrian band assigned to perform at the most eagerly awaited wedding of this year is facing bankruptcy, it has emerged.Josef Schörkmayr, head of the No Problem Orchestra, revealed some weeks ago that the music group will reportedly rock the wedding party of Prince William and Kate Middleton in London, Great Britain, in April before […]

Maxi-Cosi recalls unsafe kids’ car seat

Categories
General News

Children’s car seat producer Maxi-Cosi announced yesterday (Mon) that it was recalling all of its FamilyFix car seats produced before 3 March 2010.The firm said a mechanical problem in the seat made it impossible to guarantee maximum safety in case of a traffic accident. The firm said the problem had been discovered during a routine […]

Austrian and Slovene foreign ministers to meet next month

Categories
Politics

Austrian People’s Party (ÖVP) Foreign Minister Michael Spindelegger and his Slovene counterpart Samuel Zbogar will meet on 16 March in Vienna, it was announced yesterday (Weds).Slovene news agency STA said yesterday that Zbogar would raise the situation of the Slovene minority in Carinthia at the meeting, including failure to put up bilingual place name signs […]