One in five Austrians are at risk of getting themselves into debt this Christmas, a financial expert has warned.Alexander Maly of the Viennese Debtors Counselling Authority said today (Tues): “Some people feel pressure to consume and shop in order to belong to a certain group of friends.”Speaking to the Kronen Zeitung newspaper, Maly said around […]
More than one in 10 Austrians are poor or threatened by poverty, according to a study by Eurostat.The European Commissions (EC) statistics agency announced yesterday (Mon) that 12.4 per cent of people living in Austria earned less than 60 per cent of the national median income of 912 Euros a month for a one-person household. […]
The number of pickpocket offences is increasing and police are bracing for another rise in figures as Austrians are flocking to shopping centres and Christmas markets.Federal police announced today (Tues) that they registered around 15,000 reported cases of thefts by pickpockets in the first nine months of this year. They stressed this was a […]
Austrian Social Democratic (SPÖ) Chancellor Werner Faymann has met with Croatian Democratic Union (HDZ) Prime Minister Jadranka Kosor just three days after her predecessor was arrested in Austria.A spokesman for Kosor claimed that today’s (Mon) meeting was agreed upon “a long time ago”, and dismissed it had anything to do with the arrest of ex-HDZ […]
Austria has failed to make the top 10 in a think tanks latest global democracy ranking.The Vienna-based Democracy Ranking Association announced today (Mon) Norway, which came second in 2009, toppled last years leader Sweden to grab first place in its 2010 Democracy Ranking.Finland takes third place ahead of Switzerland and Denmark. New Zealand makes sixth […]
Austrian businessman Wolfgang Ruttenstorfer has decided not to reapply for a place on the supervisory board of Swiss healthcare company F. Hoffmann-La Roche Ltd. (Roche).Ruttenstorfer, who has headed Vienna-based oil and gas group OMV for eight years, entered Roches supervisory board in 2007. The Swiss health industry giant will decide on who will follow the […]
Infineon Austria head Monika Kircher-Kohl has joined the supervisory board of Siemens Austria.The company, a subsidiary firm of German technology and health industry firm Siemens AG, said today (Mon) that Kircher-Kohl and Austrian Industries (IV) General Secretary Markus Beyrer will succeed Albert Hochleitner and Johann Haider.Infineon Austria, the Austrian branch of German semiconductor producer Infineon […]
Victoria’s Secret is to open a showroom in Austria, according to reports.Austrian business weekly Format claims today (Fri) the American lingerie maker plans to open its first representation in the country in the city centre of Vienna in February.Victoria’s Secret has cooperated with some of the best paid models in the world in advertising its […]
Oil heating causes 40 times more higher carbon dioxide (CO2) emissions than wood pellets systems, according to a new study.Pressure group proPellets Austria announced today (Fri) research by Bioenergy 2020+ and ARGE Renewable Energy Vienna / Lower Austria shows families heating their homes with oil could reduce their greenhouse gas emissions by 97.6 per cent […]
A bank robber has been sentenced to more than three years in prison after his ex-girlfriend identified him on CCTV footage because of his bowlegs.The woman said in the witness stand at the Provincial Court in Ried im Innkreis, Upper Austria, yesterday (Thurs) that she was certain the man caught on camera during an armed […]