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Austria, along with neighboring Switzerland, is the winter sports capital of Europe. However, it is just as popular for summer tourists who visit its historic cities and villages and hike in the magnificent scenery of the alps.




Latest news from Austria


Questions and answers on Europe's debt crisis Print E-mail
Friday, 05 February 2010
With debt piling up to 113% of the economy, investors fear Greece won't pay its debts, in the form of government bonds — or will need a lifeline from other EU countries to meet its 54 billion eu...
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Debt Problems Chip Away at Fortress Europe Print E-mail
Friday, 05 February 2010
For months, the conventional wisdom in Europe was that the speculative aims of bond traders and hedge fund investors would remain largely focused on Greece, Europe’s chronic problem child. But t...
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Europe shares hit 3-mth closing low; banks fall Print E-mail
Friday, 05 February 2010
By Brian Gorman LONDON, Feb 5 (Reuters) - European shares fell for a third day on Friday, and notched up their biggest weekly decline in 11 months, with banks extending recent falls on intensified wor...
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European shares pare losses after U.S. jobs data Print E-mail
Friday, 05 February 2010
By Brian Gorman LONDON, Feb 5 (Reuters) - European shares pared losses on Friday, after a key U.S. labour report showed the unemployment rate surprisingly fell to a five-month low of 9.7 percent, alth...
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Europe shares hit 3-mth closing low; banks fall Print E-mail
Friday, 05 February 2010
European shares fell for a third day on Friday, and notched up their biggest weekly decline in 11 months, with banks extending recent falls on intensified worries about euro zone sovereign debt. The p...
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Portuguese vote against austerity plan to intensify market worries over Europe's debt crisis Print E-mail
Friday, 05 February 2010
BRUSSELS - Fears of another crisis spiral for the world economy deepened Friday after the Portuguese parliament defeated a government austerity plan, triggering renewed concern that the financial cri...
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Via Salzburg and OnnanoKo Drummers Present Two World Premieres by Canadian Composers Alice Ho... Print E-mail
Friday, 05 February 2010
TORONTO, ONTARIO--(Marketwire - Feb. 5, 2010) - In 1999, violinist Mayumi Seiler set out to fulfill her musical vision of a Toronto-based chamber music ensemble that would fuse the extraordinary talen...
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European shares fall to lowest close in 3 months Print E-mail
Friday, 05 February 2010
LONDON, Feb 5 (Reuters) - European shares fell for a third day on Friday, and notched up their worst weekly performance in 11 months, with banks extending recent declines, on intensified worries about...
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Curial Cardinal Denounces Secularization of Religious Life in Europe, North America Print E-mail
Friday, 05 February 2010
February 05, 2010Denouncing the embrace of secularism that has characterized some European and North American religious communities in recent decades, Cardinal Franc Rode, prefect of the Congregation ...
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Walton IPO Canceled; Highlights Fragility of European IPO Market Print E-mail
Friday, 05 February 2010
Walton, a U.K. startup bank, which hasn't yet applied for a banking licence, intends to go ahead with the project and is currently speaking with its cornerstone investors and unidentified private eq...
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European debt fears plague markets again despite surprise fall in US unemployment rate Print E-mail
Friday, 05 February 2010
LONDON - European and U.S. stock markets fell sharply again Friday despite a surprise improvement in the U.S. unemployment rate, as investors fretted about the debt crisis enveloping Europe after Por...
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Fighting for the Right to Party in Amsterdam Print E-mail
Friday, 05 February 2010
Europe's nightlife is under threat and Amsterdam is no exception. Restricted opening hours, rent hikes and increased policing are all serving to dampen the party spirit in the Dutch capital. But some ...
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European Central Bank warns eurozone as markets plunge Print E-mail
Friday, 05 February 2010
The European Central Bank on Thursday welcomed a Greek plan to tackle its debt crisis but warned all eurozone countries to get their finances in order as European financial markets plunged."It is of p...
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Munich Security Conference looking beyond Europe Print E-mail
Friday, 05 February 2010
The Munich Security Conference opened yesterday with an evening address by China's foreign minister - a shift from the meeting's traditional trans-Atlantic focus in a nod to the growing importance of ...
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Taiex, NT$ fall on European budget deficit concerns Print E-mail
Friday, 05 February 2010
Taiwan's stocks slumped to a five-month low and the currency weakened as concern some European nations will struggle to finance widening budget deficits eroded investor appetite for emerging-market as...
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Europe's PIGS don't fly Print E-mail
Friday, 05 February 2010
What's more, even deeper-pocketed issuers such as the U.S. and the U.K. could be paying much higher yields by next year, as they struggle with political squabbles about rising deficits fueled by a mas...
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Emerson Electric Sees Weak Growth In US, Europe For Next 5 Yrs Print E-mail
Friday, 05 February 2010
said he doesn't expect the U.S. economy to lapse into a recession again this year but warned the economic recovery now under way won't be robust. He anticipates high debt levels, lingering high une...
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Spanish PM downplays Obama's decision to skip summit Print E-mail
Friday, 05 February 2010
Washington, Feb 5 (IANS/EFE) Spanish Prime Minister Jose Luis Rodriguez Zapatero said 'it's not a problem' that President Barack Obama decided not to attend the European Union (EU)-US summit set for May in Madrid.
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UK banks exposed to struggling European economies Print E-mail
Friday, 05 February 2010
UK banks have a near-£100 billion exposure to the struggling European economies currently sending shockwaves through global markets. Nerves are frayed because a sovereign debt default by...
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EU's military transport woes Print E-mail
Friday, 05 February 2010
Airbus chief Tom Enders says the agreement to build the A400M was a mistake The fate of Europe's largest defence project is expected to be decided soon - though hopes of a resolution before the weeke...
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