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03. 09. 10. - 15:00
Austrian industry-holding stock corporation (ÖIAG) chief Peter Michaelis is in hot water amid claims taxpayers’ money was used to pay for shipping of private goods.
Viennese daily Heute reports today (Fri) the businessman charged ÖIAG with paying 845.24 Euros for express deliveries of CDs, DVDs, magazines, a spyglass and a smoking to the United States and Germany.
A spokesman for ÖIAG – which holds interest in partially and entirely state-owned firms – rubbished the report. "Mr Michaelis has always refunded all private expenses, of course," she said.
Michaelis earns around 750,000 Euros a year, according to business newspapers.
Meanwhile, Social Democratic (SPÖ) financial issues state secretary Andreas Schieder called for a dissolution of the holding cooperation. SPÖ Chancellor Werner Faymann expressed his support of such a move already last year.
Austrian Times
Austrian economy recovers, says OECD
» Business 2012-05-23
The Austrian economy will manage to grow by nearly one per cent this year, according to the Organisation for Economic Co-operation and Development (OECD).
AUA rules out Whitsun travel chaos
» Business 2012-05-23
The current conflict with the works committee does not negatively affect Austrian Airlines’ (AUA) booking figures, according to a spokesman.
» Business 2012-05-23
People’s Party (ÖVP) Economy Minister Reinhold Mitterlehner has admitted difficulties in introducing the Red White Red Card (RWR Card, Rot-Weiß-Rot Card).
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Petrol traders plan legal action
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The domestic mineral oil industry plans to sue the government about plans to set up a tool regulating fuel prices.
Sickness surge causes AUA cancellations
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Passengers are finally feeling the full impact of the emerging labour conflict at Austrian Airlines (AUA).
TA recovers as CEO rejects Pecik fears
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Telekom Austria (TA) is back in the black.
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Brodbeck criticises credit rating 'hysteria'
» Business 2012-05-01
A German economist has warned from "dangerous monopoly circumstances" in the global rating business.
S&P concerned about banks' stability in serious crisis
» Business 2012-04-20
Standard & Poor's (S&P) analyst Alois Strasser has warned that a crisis worse than the most recent one could “totally demolish” Austrian finance institutes’ capital.
Fitch approves Austria's financial trustworthiness
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One of the world’s leading credit rating agencies has confirmed the Austrian AAA.
AUA rules out Whitsun travel chaos
The current conflict with the works committee does not negatively affect Austrian Airlines’ (AUA) booking figures, according to a spokesman.
Weak start for RWR Card
People’s Party (ÖVP) Economy Minister Reinhold Mitterlehner has admitted difficulties in introducing the Red White Red Card (RWR Card, Rot-Weiß-Rot Card).
Pröll outpaces friends and foes in capability check
Austria’s longest-serving governor has been identified as the most capable one in the opinion of citizens.
Foul-mouthed MPs might face fines
Fritz Neugebauer has started another attempt to introduce a system of fees for abusive parliament delegates (MPs).
Car sharers should get cheap U-Bahn tickets say greens
People who support the environment by signing up for car sharing initiatives to cut down inner city congestion should get subsidised public transport.
Film festivals in Vienna
There are two film festivals back to back in Vienna this May and June. The "Let's CEE Film Festival" shows films from Central and Eastern Europe, while the "Vienna Independent Shorts" focuses on short films.
Salzburg builds new prison
Salzburg is to get a new prison.
Postwoman killed by express train
An 32-year-old postwoman was killed instantly when she apparently failed to see a stop sign on a train track - and was hit by a 120 kph express train at the Grimmenstein sortage depot in the Lower Austrian region of Neunkirchen.
Dirty water caused by excrement
Health experts are struggling to find the source of excrement that has contaminated water supplies at the town of Köstendorf in Salzburg province.
Man Utd chase Austrian ace
Manchester United have signalised interest in David Alaba.
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