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Publication: TeleTrader.com

First reported May 22 2013 - Updated 9 hours ago - 2 reports

Nowotny: Decision About Bad Bank for Hypo Not Essential Right Now

The Governor of Austrian’s National Bank confirms that the result for the ailing Hypo Group will not be “good” due to the losses that have amounted over the past years.A fundamental decision for or against the establishing of a bad bank for state-owned ... [Published TeleTrader.com - 9 hours ago]

Entities: Ewald Nowotny, sodium thiosulfate, European Union, Klagenfurt (Austria)

First reported 13 hours ago - Updated 13 hours ago - 1 reports

Slovenia: Fiscal Rule to Be Introduced in 2015

Prime Minister Bratusek announced her consent to introduce fiscal rule in 2015.The country’s standstill in regard to the fiscal reforms seems on the verge of coming to an end. Yesterday, Slovenia’s Prime Minister Alenka Bratusek told the media in Brussels ... [Published TeleTrader.com - 13 hours ago]

Entities: Slovenia, Slovenian Democratic Party (SI), Positive Slovenia, Brussels, Reformism

First reported 16 hours ago - Updated 16 hours ago - 1 reports

UBS AG

Austrian Top Banker to Appear in „Offshore-Leaks“

For the first time, a European top banker appears in the “Offshore-Leaks” database. CEO of Raiffeisen Bank International (RBI) Herbert Stepic is coming under massive pressure.Because of businesses in tax havens, CEO of RBI Stepic is coming under pressure. ... [Published TeleTrader.com - 16 hours ago]

Entities: Database, Tax-Haven, UBS AG, Austria, Bank Austria

First reported 16 hours ago - Updated 16 hours ago - 1 reports

Austria: Special Commission to Trace Tax Evaders

Finance Minister Maria Fekter announced the establishing of a special commission which is supposed to use data distributed by the US tax authority.Austria has now expressed interest in the collected data of tax evaders who hide their assets in foreign ... [Published TeleTrader.com - 16 hours ago]

Entities: Austria, Taxes, Maria Fekter

First reported 16 hours ago - Updated 16 hours ago - 1 reports

Donald Tusk

Tusk Encouraged to Run for European Commission Presidency

Polish Prime Minister Tusk confirmed his encouragement, but will decide at another point in time.Poland's Prime Minister Donald Tusk confirmed that he is being encouraged to run for the position as President of the European Commission, but has no intention ... [Published TeleTrader.com - 16 hours ago]

Entities: Donald Tusk, European Commission, Joseph Daul

First reported May 22 2013 - Updated May 22 2013 - 1 reports

European Commission

Banking Secret until 2015 in European Union

The banking secret for tax foreigners in the European Union could finally be completely aborted by 2015. There is an ambiguity about Luxembourg’s position in advance to the EU mini-summit over the extended EU Savings Directive (EUSD).About a month ago, ... [Published TeleTrader.com - May 22 2013]

Entities: European Union, Luxemburg (Luxembourg), European Commission, Austria, Switzerland

First reported May 22 2013 - Updated May 22 2013 - 1 reports

Leitl: „EU Has To Deliver Clear Confession to Business Location Europe...

According to Leitl, the EU Summit has to deliver a “clear confession to business and industrial location” Europe.Head of the Austrian Chamber of Commerce Christoph Leitl expects a “clear and unambiguous confession to the business and industrial location ... [Published TeleTrader.com - May 22 2013]

Entities: Tax Fraud, European Union, Agency for the Cooperation of Energy Regulators, Tax Evasion, Taxes

First reported May 22 2013 - Updated May 22 2013 - 1 reports

Polish Government Passes Job Protection Law

On Tuesday, the Polish government adopted the Labor Minister's document on measures directed to protect employees and businesses during economic downturn, the government press office said.The draft law introduces regulations which consider direct financial ... [Published TeleTrader.com - May 22 2013]

Entities: Sustainment, Labor, Turnover

First reported May 22 2013 - Updated May 22 2013 - 1 reports

Joint Nabucco-Declaration Signed by Governments

Austria, Hungary, Romania, Bulgaria, Turkey adopt Nabucco joint declaration.On Tuesday, the governments of Austria, Hungary, Romania, Bulgaria and Turkey adopted a joint declaration underlining the potential of Nabucco to supply the energy markets of ... [Published TeleTrader.com - May 22 2013]

Entities: NABUCCO, Hungary, Bulgaria, Romania

First reported May 21 2013 - Updated May 22 2013 - 1 reports

Orban’s „Derailment“ Causes Indignation in Germany

Hungary’s head of government Viktor Orban seems to love the confrontation. However, with the accusation of Germany using Nazi-methods he overstepped the mark in terms of tact.Berlin is indignant. The comparison to the Nazi era has caused a storm of protest. ... [Published TeleTrader.com - May 21 2013]

Entities: Viktor Orban, Hungary, Germany, Angela Merkel, Guido Westerwelle

First reported May 21 2013 - Updated May 21 2013 - 1 reports

World Economic Forum on East Asia 2013

Courageous transformation for inclusion and integration. Nay Pyi Taw, Myanmar, 5-7 June 2013.This year's meeting will focus on three pillars:Inspiring Inclusive TransformationRealizing Regional IntegrationScaling Regional Solutions for Global Resilie ... [Published TeleTrader.com - May 21 2013]

Entities: Association of Southeast Asian Nations, Myanmar/Burma, World Economic Forum

First reported May 17 2013 - Updated May 17 2013 - 2 reports

Austria: Preliminary Results on Hypo Group Expected

Hypo Group’s task force, appointed by the government, will present the preliminary corner marks next week.On Tuesday next week the task force for Hypo Group is supposed to meet again. Experts still evaluate models for the establishing of a bad bank where ... [Published TeleTrader.com - May 17 2013]

Entities: Austria, Task Force, European Union, sodium thiosulfate

Quotes

...manner and execution of fiscal consolidation, how compliance with the fiscal rule will be administered and who will supervise it, she announced. "2017 is still the realistic year...but we decided otherwise because of a lack of political will on the other side" Bratusek said as she spoke to reporters after Wednesday's EU summit

Slovenia: Fiscal Rule to Be Introduced in 2015 [Published TeleTrader.com - 13 hours ago]

...often, but, as you are well aware, this is not the time to take this type of decisions," Tusk told reporters ahead of the European Council summit. ". . . I'd rather speak in Warsaw than in Brussels about what I intend to do with myself."

Tusk Encouraged to Run for European Commission Presidency [Published TeleTrader.com - 16 hours ago]

"The State Parties call on the European Council, which will meet on 22 May to address the completion of the Internal Energy Market, to note the wider potential of Nabucco to provide access to new sources of gas for promoting growth and competition at the European level" , the report said

Joint Nabucco-Declaration Signed by Governments [Published TeleTrader.com - May 22 2013]

...not have the intention to cancel the restructuring of national carrier Croatia Airline despite of a strong opposition from the company’s employees. "There's no giving upup on the restructuring plan, there's no going back" Doncic told journalists...

Croatia: PM Warns Of Croatia Airlines’ Downfall [Published TeleTrader.com - May 17 2013]

More Content

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Nowotny: Decision About Bad Bank for Hypo Not E... [Published TeleTrader.com - 9 hours ago]
Slovenia: Fiscal Rule to Be Introduced in 2015 [Published TeleTrader.com - 13 hours ago]
Austrian Top Banker to Appear in „Offshore-Leaks“ [Published TeleTrader.com - 16 hours ago]
Austria: Special Commission to Trace Tax Evaders [Published TeleTrader.com - 16 hours ago]
Tusk Encouraged to Run for European Commission ... [Published TeleTrader.com - 16 hours ago]
Srei Group to Offer € 65.6m for Hypo [Published TeleTrader.com - May 22 2013]
Leitl: „EU Has To Deliver Clear Confession to B... [Published TeleTrader.com - May 22 2013]
Polish Government Passes Job Protection Law [Published TeleTrader.com - May 22 2013]
Banking Secret until 2015 in European Union [Published TeleTrader.com - May 22 2013]
Joint Nabucco-Declaration Signed by Governments [Published TeleTrader.com - May 22 2013]
World Economic Forum on East Asia 2013 [Published TeleTrader.com - May 21 2013]
Orban’s „Derailment“ Causes Indignation in Germany [Published TeleTrader.com - May 21 2013]
Austria: Preliminary Results on Hypo Group Expe... [Published TeleTrader.com - May 17 2013]
Croatia: PM Warns Of Croatia Airlines’ Downfall [Published TeleTrader.com - May 17 2013]
Hypo to Require € 1bn This Year [Published TeleTrader.com - May 17 2013]
Poland: Tusk Potential Candidate for EU Commiss... [Published TeleTrader.com - May 17 2013]
Croatia‘s and Hungary‘s Fight About Oil Company... [Published TeleTrader.com - May 17 2013]
Poland Pressed to Cut Rates [Published TeleTrader.com - May 17 2013]
Romania: Significant Deline in FDI [Published TeleTrader.com - May 17 2013]
Over 2,000 Austrian companies now represented i... [Published TeleTrader.com - May 16 2013]
Turmoil For Croatian Airlines [Published TeleTrader.com - May 16 2013]
Austria: New Bidder for Hypo Group [Published TeleTrader.com - May 16 2013]
Alpine: Dispute in Poland About to Escalate [Published TeleTrader.com - May 15 2013]
Poll Finds 86.5% of Illinois Voters Believe Sta... [Published TeleTrader.com - May 15 2013]
Poland: Economy Not to Recover Before July [Published TeleTrader.com - May 15 2013]
Bosnia, Serbia and Turkey to Sign Economic and ... [Published TeleTrader.com - May 15 2013]
Prolongation of Nabucco Exemption Confirmed [Published TeleTrader.com - May 14 2013]
US Software Producer Oracle to Invest in Romania [Published TeleTrader.com - May 14 2013]
EU Commission Expects Austria to Agree To EUSD [Published TeleTrader.com - May 13 2013]
Austria: Domestic Banks Reject Taking Over Hypo... [Published TeleTrader.com - May 13 2013]