Greens want public opinion poll on tax question

Categories
Politics

The Green party wants a public opinion poll in the current tax debate. The Green’s spokesperson Werner Kogler said at a press conference today (Fri) that a public opinion poll was necessary to end “red-black stagnation” meaning SPÖ and ÖVP. Furthermore the Greens demanded polls on abolishing mandatory military service and an anti-corruption law. The […]

President’s tax appeal upsets ÖVP

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Politics

Federal President Heinz Fischer has been criticised for backing calls for higher taxes on assets. The former Social Democratic (SPÖ) member of the federal parliament (MP) said yesterday (Sun) he worried about the social peace and balance in the country. Fischer said he would like to put the opinion that Austria’s rich must not be […]

Ackerl wants party to veto EU financial rescue bids

Categories
Politics

The Social Democrats (SPÖ) are in turmoil after a provincial department chief has suggested blocking European decisions to increase chances of the introduction of a new levy. SPÖ Upper Austria boss Josef Ackerl said yesterday (Weds) the federal party board should veto European Union (EU) actions considering debt-stricken members like Greece. Ackerl argued Austrians would […]

Few Austrians own shares

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Finance

The vast majority of Austrians have no interest in stocks, according to research. Pollster Imas found that 75 per cent of residents of the country had no intention to acquire shares. The survey also shows that just 13 per cent of Austrians hold participations in companies via shares and investment funds. The figure resembles results […]

Austria makes rich list’s top 5

Categories
Lifestyle

Austria has one of the densest millionaire populations in the world, a survey has revealed.Boston Consulting Group’s (BCG) Global Wealth Report 2011 shows that, with 5.2 million households, most US dollar millionaires live in the United States of America. Millionaire households represented only 0.9 per cent of all households in the world. These families owned […]

Smoking kills 14,000 every year

Categories
General News

Around 14,000 people succumb to smoking-related diseases in Austria each year, health experts have said on yesterday’s (Tues) World No Tobacco Day (WNTD).The World Health Organization (WHO) explained around 5.5 million people die from such causes all over the world a year. The international institution made aware of the life-threatening aspects of passive smoking as […]

Häupl wants government to be more bullish towards ‘amateur’ Strache

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Politics

Vienna’s Social Democratic (SPÖ) Mayor Michael Häupl has called on the federal government to show more courage in defying the aggressive campaigning of Freedom Party (FPÖ) chairman Heinz-Christian Strache.Häupl told the Kurier newspaper today (Weds): “The government has to do better and more about communicating its achievements such as the battling of the financial crisis, […]

RBI sees €130mn bank tax burden

Categories
Finance

Raiffeisen Bank International (RBI) prepares to fork out more than 100 million Euros of extra taxes to the Austrian government this year.The bank – which handles the international operations of Raiffeisenzentralbank (RZB) – said today (Fri) it expected additional taxes of 130 million Euros in 2011 due to the new Austrian bank solidarity levy. The […]

BA eyes HGAA takeover

Categories
Finance

Bank Austria (BA) chief Willibald Cernko has revealed interest in Hypo Group Alpe Adria (HGAA).The banker said today (Weds) BA was interested in acquiring HGAA’s Austrian business. He explained: “We are talking about 60,000 customers here. It would be highly ignorant not to consider this.”Cernko stressed there were “many requirements” before a possible takeover. The […]

High car fuel tax rate exposed by study

Categories
Business

A leading motorists’ association has criticised the high car fuel taxation rate in Austria.Arbö announced today (Mon) that 57 per cent of the price for one litre of normal car fuel and 52 per cent of what drivers have to spend on a litre of diesel are pocketed by the finance ministry.The car club stressed […]