Hypo Alpe Adria subsidy will be sold

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Business

The final negotiations about the sale of the Austrian subsidy of the bank group Hypo Alpe Adria are currently underway. The Indian “Srei Group” with headquarters in Calcutta allegedly has good chances. The Srei Group is a listed company and one of the leading private financial institutes in the infrastructure sector of India. However, the […]

More homeless people in Vienna, warns Landau

Categories
General News

The number of people living on the streets of Vienna is on the rise, a humanitarian aid expert has announced.Caritas Vienna head Michael Landau said today (Mon) that he expected more homeless people than ever before to be seeking help this winter.Landau explained that around 2,600 homeless people got in touch with Caritas workers at […]

Vorarlberg not upping heating subsidy

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Business

The provincial government of Vorarlberg has decided not to raise the heating subsidy sum for the upcoming winter.People’s Party (ÖVP) councillor Greti Schmid announced today (Tues) that the government will support needy households with 250 Euros this winter, the same amount it provided last year.This means that local political decision-makers will not take inflation into […]