Bank Austria (BA) CEO Willibald Cernko has warned tougher rules and new taxes could make it more difficult for banks to find investors.The former HypoVereinsbank manager said today (Weds): “I think the debate over investors should have an Austrian background or come from abroad is totally misleading. The decisive question will be whether we (the […]
Tag: SPÖ
Austrian Industry-Holding Stock Corporation (ÖIAG) head Peter Michaelis has claimed that the sale of Austrian Airlines (AUA) to Lufthansa was a “success”.The Austrian government coalition of the Social Democrats (SPÖ) and the Peoples Party (ÖVP) assigned ÖIAG to sell a major stake of AUA when it became clear that the airline was at risk of […]
The Viennese Animal Protection Union (Wiener Tierschutzverein) has launched a controversial poster campaign in a desperate bid for donations.The images saying “Galgenfrist” (Last Respite) showing pets sitting on stools with nooses around their necks are an attempt to raise money from citizens and companies.The organisation looks after hundreds of abandoned animals at an estate in […]
Austrians spending power will increase year on year in 2011 despite higher taxes and less welfare spending, a new study suggests.RegioData announced today (Tues) that it expected Austrians purchasing power to rise by 2.6 per cent next year compared to this years rate. The research agency said this increase meant people will have 450 Euros […]
Federal President Heinz Fischer has claimed he is “deeply hurt” by the governments decision to slash its development aid spending from next year.However Fischer, who attended the 2011 budget speech by Peoples Party (ÖVP) Finance Minister Josef Pröll in the federal parliament in Vienna today (Tues), also stressed that he had understanding for the planned […]
Viennese public transport agency Wiener Linien has vowed to eradicate errors on its automatic timetable information system.The company said today (Tues) it planned to increase the number of digital information boards at bus and tram stations from the current 500 to around twice this number by 2015.Critics point out that the digitalised devices operations have […]
More fare dodgers caught in Vienna
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The number of public transport fare dodgers caught this year has risen sharply in Vienna, new figures show.The citys public transport operator Wiener Linien announced today (Mon) around 165,000 people were fined for using trams, buses and underground trains without valid tickets during the first 10 months of this year. Around 270 staff carried out […]
Plans to turn Mariahilfer Straße, one of Viennas most popular shopping streets, into a pedestrian area would be well received, a poll has shown.More than six in 10 (60.3 per cent) readers of the Austrian broadcaster ORFs news website back such an idea, whereas around 35 per cent oppose it. Votes are still coming in […]
The number of foreigners at Austrian universities will double over the next 15 years, according to a new study.Frank Landler of the Austrian Academy of Sciences Institute for Demography (ÖAW) in Vienna announced today (Tues) that he expected 82,000 foreigners to study at Austrian institutions in 2025. Only 44,000 students from abroad were registered by […]
Vienna gets first SPÖ-Greens coalition
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Freedom Party (FPÖ) leader Heinz-Christian Strache has vowed “resistance” as the Viennese Social Democrats (SPÖ) and the Greens have agreed to cooperate in the city parliament.The right-winger said today (Fri): “We will fight this horrific experiment, of course.”Strache, whose party garnered almost 26 per cent in last months city ballot, also announced plans to hold […]