Coalition justifies Austrian-Swiss tax treaty

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Politics

The opposition teamed up in attacking the government over its tax agreement with Switzerland. People’s Party (ÖVP) Finance Minister Maria Fekter agreed with her Swiss counterpart, Eveline Widmer-Schlumpf, about charging a tax of 15 to 38 per cent on Austrians’ assets in Switzerland shortly. Fekter said in Swiss capital Bern, where the treaty was signed […]

ÖVP programme reform planned

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Politics

A new concept by People’s Party (ÖVP) State Secretary Sebastian Kurz will become part of the party’s programme, it has been announced. Foreign Minister Michael Spindelegger, who took over from ex-Finance Minister Josef Pröll as ÖVP chairman in 2011, said yesterday (Weds) that the integration secretary’s democracy paper would be considered “step by step”. Kurz […]

Austrians want crystal-clear political funding

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Politics

Full transparency regarding the subsidisation of parties has been identified as the most urgent issue in fighting corruption in a poll. Viennese research centre Karmasin spoke with 500 Austrians for magazine profil. The agency made several suggestions to the interviewed voters about how to fight political corruption. The people the agency spoke with were allowed […]

Hundstorfer ready to reduce working week

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Politics

The Social Democrats (SPÖ) plan an initiative for shorter working weeks. SPÖ Labour Minister Rudolf Hundstorfer said yesterday (Tues) he would appreciate a reduction of the general working volume from 40 to 38.5 hours. Hundstorfer claimed such a reform could help keeping elderly labourers and employees in work longer. He argued that lowering people’s average […]

PPÖ sets the sails for Graz

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Politics

A public opinion researcher has given the Austrian Pirate Party (PPÖ) good chances to enter the city hall of Graz next year. Sophie Karmasin of Viennese research group Karmasin said the recently established political party might manage to make it into the parliament of the capital of Styria in next year’s city hall ballot. Graz […]

Grasser rejects BUWOG corruption claims

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Politics

Former Freedom Party (FPÖ) Finance Minister Karl-Heinz Grasser has denied any wrongdoing regarding the sale of real estate management company BUWOG. The enterprise – which manages more than 60,000 apartments – was privatised in 2004 when Grasser headed the finance ministry. Ex-FPÖ General Secretary Walter Meischberger and marketing expert Peter Hochegger, who used to be […]

Government wants to tax Liechtenstein foundations

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Politics

The Austrian government is cracking down on another alleged safe haven for private equity. Only last week, Austrian People’s Party (ÖVP) Finance Minister Maria Fekter met with Swiss Finance Minister Eveline Widmer-Schlumpf to finalise a tax treaty between the neighbouring countries. The agreement means that Austrians’ money in Switzerland would be charged with tax rates […]

Schieder relentless about tax on financial transactions

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Politics

A cross-country tax on financial transactions is anything but dead, Social Democratic (SPÖ) Finance Secretary Andreas Schieder has claimed. Schieder said today (Weds) that the Austrian government coalition of his faction and the conservative People’s Party (ÖVP) would keep up the pressure for the introduction of such a levy. He told the Kurier that the […]

Fekter faces the axe, papers claim

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Politics

Rumours that People’s Party (ÖVP) Finance Minister Maria Fekter will soon have to go are increasing following the most recent budget dispute. The finance minister was seen as a contender for ÖVP leadership following the resignation of Josef Pröll as chairman, vice chancellor, and finance minister last year. Economy Minister Reinhold Mitterlehner was given good […]

Kopf promises support for anti-corruption panel

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Politics

The People’s Party (ÖVP) has denied that it tries to enforce an early end to the parliamentary anti-corruption commission. The panel headed by Greens parliamentary member (MP) Gabriela Moser is investigating the various alleged corrupt connections between politicians and businesspeople since January. It suffered a setback when the ÖVP and its government coalition partner, the […]