EUR 100m For Small And Medium-Sized Enterprises In Styria

The European Union’s European Investment Bank issued the following news release: Small and medium-sized enterprises (SMEs) in Austria are to receive further funding from the European Investment Bank (EIB) to finance their projects. The EIB is to lend EUR 100m to Raiffeisen-Landesbank Steiermark AG (RLB Steiermark), which will onlend the funds to its customers. A […]

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Austria Immigration Statistics – an overview

The Austrian Statistics Center reported on Wednesday that on January 1, 2013, there were 8,451,860 people living in Austria. This account to 0.52 percent or 43,739 more people than at the beginning of 2012. This increase is claimed to be due to more immigration. In January, around 11.9 percent of people living in Austria were […]

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Political will and big spending put Austrians to work

Sebastian Liedl is 17, and in half a year will be a fully qualified employee at the Austrian steel group Voestalpine, where he can look forward to a starting monthly wage of about 2,000 euros ($2,600). Unlike his contemporaries in Greece, Spain or Portugal, Liedl has never feared unemployment. He always knew he wanted to […]

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Austrian unemployment rises dramatically

There has been a nine percent rise in unemployment in Austria compared to the same month last year. The fragile economic development in Austrian and Europe has seen the unemployment rates drastically shoot up. There are 20,818 more unemployed people than in May last year and a grand total of 251,895 jobless individuals in Austria. […]

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AUSTRIAN MEETING INDUSTRY IS GROWING

Austria remains one of the most sought-after destinations in the meeting industry. Hotels are profiting increasingly from this development. “Overall in 2012 over 14,000 events were organized in Austria with more than 1.3 million participants,” said the Petra National Tourist Office (Gf Advertising Austria) during the presentation of the Austrian Meeting Industry Report (mira). This […]

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EU officials seek more private investment in jobs

With many of the European Union’s economies mired in stagnation, EU officials are seeking to emulate part of the U.S. model for creating growth and jobs by fostering more private investment in businesses. Irish Finance Minister Michael Noonan said that in the United States banks account for only 25 percent of external financing for businesses. […]

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More Seasonal Workers Bound for Australia

At least 20 additional seasonal workers from Solomon Islands, including 3 females and 17 males have been recruited under the Labor Mobility Scheme to work in Australia’s horticulture industry. The workers are expected to leave for Australia later this month following their successful selection by a recruitment agent – the SLN Business Solutions. SLN Business […]

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Eurozone unemployment rose to record in February; Austria lowest at 4.8%, Greece highest at 26.4%

The Eurozone (EA17) seasonally-adjusted unemployment rate was 12.0% in February 2013, stable compared with January. The EU27 unemployment rate was 10.9%, up from 10.8% in the previous month. In both zones, rates have risen markedly compared with February 2012, when they were 10.9% and 10.2% respectively. These figures are published by Eurostat, the statistics office […]

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Statistic Austria: Increase in part-time, decrease in full-time jobs in Q4 2012; labor market situation a little worse than in 2011

Increase in part-time, decrease in full-time jobs in Q4 2012; labor market situation a little worse than in 2011 According to Statistics Austria, the number of employed increased to a total of 4.182 million in the fourth quarter of 2012 (4.162 million in the fourth quarter of 2011). The rise in the fourth quarter in […]

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Police are looking for young talents

The Vienna police are once again looking for young talents. 500 recruits are needed in order to meet the personnel requirements. There will be 1,000 more police officers until 2015. Interior Minister Johanna Mikl-Leitner (ÖVP) stated last year that none of the Austrian states has problems with recruiting. There have never been more police officers […]

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