Political leaders may feel the heat as a “tax on riches” petition by the Upper Austrian Social Democrats (SPÖ) found 15,000 supporters.SPÖ Upper Austria boss Josef Ackerl said today (Weds) the plan was to file a motion in the federal parliament in autumn.Ackerl explained more than 15,000 people have signed his party branchs initiative since […]
Siemens chief Peter Löscher said he saw signs of recovery of the European economy as he attended the opening of a new office complex in Vienna today (Fri).The Austrian said: “Tendencies of the European economy managing to recuperate are clearly visible despite the nervousness dominating the international financial markets.”Löscher stressed that a “stable and transparent” […]
Peoples Party (ÖVP) Vice Chancellor Josef Pröll has appealed to European Union (EU) leaders to introduce a continental tax on financial transactions by next year.”Its clear to me that we need a Europe-wide financial transactions tax. The sooner we agree on it the better. Im in favour of this tax coming into force in 2011,” […]
Green parliamentary whip Werner Kogler called today (Weds) for creditors to make a contribution to the financing of the EU stability package for Euro-zone countries.He said they needed to do that before they dumped bonds issued by countries high in debt on the European Central Bank (ECB), thereby transferring their financial risk to EU tax-payers.Banks […]
The prices of petrol and diesel-fuel in Austria are lower than the EU average, the Economics Ministry said today (Fri).The averge price of a litre of Eurosuper 95 petrol in Austria on 8 March had been 1.143 Euros, compared to the EU average of 1.295 Euros, a difference of 15.21 cents a litre.In addition, the […]
Customers would be the most affected party if the government decides to set up a new tax for insurance companies, a top branch representative has warned.Günter Geyer, Vienna Insurance Group (VIG) chairman and head of the federal insurance companies association, said today (Weds): “Eighty per cent of the money managed by insurance companies belongs to […]