Biodegradable credit card launched in Austria

Categories
General News

An Austrian bank is now offering its customers a bank card made out of corn that is biodegradable once it is finished with. The idea is part of an environmental initiative by the Raiffeisen Bank International AG (RBI) which includes not only biodegradable card but also packaging in which it is sent which is also […]

Oil sales in decline

Categories
Business

Austrians are buying less heating oil amid soaring prices, new figures show.The Institute for Economic Oil-Heating (IWO) announced today (Fri) private and business clients bought 1.7 billion litres of the product last year. The organisation explained this was a 0.6 per cent decline compared to figures from 2009.The IWO said it has been registering a […]

Sacher bitter over new ice cream

Categories
Business

Sacher bosses are irritated after a leading ice cream company has presented a Sachertorte flavour.In what is considered as an attempt to tackle Sacher’s unique reputation regarding its famous cake production, ice cream maker Eskimo brands the new product as the perfect birthday surprise.Enjoying a piece of Sachertorte – which was invented by Franz Sacher […]

Austria misses EU research investment target

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Politics

Austria failed to reach the European Union’s (EU) research investments benchmark of three per cent, it has been exposed.Federal statistics agency Statistik Austria said today (Thurs) it expected the government to spend 7.805 billion Euros on research and development this year. This figure would make only 2.76 per cent of the country’s gross domestic product […]

Drunk visits cop shop with a kilo of explosives

Categories
General News

A drunk man carrying 1.1 kilos of explosives showed up at a police station in Saalfelden, Salzburg, on Tuesday night demanding to speak to officers and ‘spill the beans’.The 25-year-old told startled cops he would “name names” and tell them where more of the explosive, an industrial product called “Gelatine-Donarit,” was stashed if they revoked […]