The Austrian government plans to ask high-profile businessmen to join an advisory committee after a leading banker called politicians “stupid and coward.” Erste Group Bank AG (Erste Bank) boss Andreas Treichl’s attack kicked off an intense debate about the relationship of politicians and entrepreneurs last month. The banker – who nearly became federal finance minister […]
A top banker has been accused of “showing personal characteristics of greed and arrogance” after he branded Austrias political elite as “too stupid and cowardly.”Erste Group Bank AG (Erste Bank) boss Andreas Treichl incited an intense discussion about the decision-making of Social Democrats (SPÖ) and the Peoples Party (ÖVP) when he claimed at a business […]
Decision-makers at Austrias biggest bank have been accused of acting greedily by sharply raising supervisory board members salaries.The Erste Group Bank AG (Erste Bank) board announced today (Thurs) that each member of the financial institutes supervisory board will receive 700,000 Euros for its achievements last year, up from half the amount in 2009 when the […]
One of Austrias most controversial museum chiefs has stepped down after it emerged that private birthday parties he held at the attraction could have caused damages of several thousands of Euros.Peter Noever announced yesterday (Weds) he decided to resign as director of Viennas Museum for Applied Art (Museum für angewandte Kunst, MAK). Noever has headed […]
A national TV manager has caused a stir by calling on staff not to let the Opera Ball “turn into a ball of the bitches”.Wolfgang Lorenz, the chief programme director of Austrian broadcaster ORF, confirmed today (Weds) that a leaked company-internal e-mail with this statement was sent by him to employees in charge of the […]
Erste Bank boss Andreas Treichl has revealed he is more concerned about developments in the Eurozone than about developments in Eastern Europe (EE).The banker said today (Fri): “The biggest risk for us, the financial service providers, is the insecurity about the debt rates in the Eurozone and how they can be covered in the coming […]