VIENNA/FRANKFURT, Oct 9 (Reuters) – Telekom Austria
is set to pull out of the bidding for Serbian cable
operator SBB due to uncertainty over how much it will have to
pay for new frequencies on its home turf, a source close to the
Results of an Austrian frequency auction likely to cost
Telekom Austria hundreds of millions of euros are expected only
next week, two industry sources said, but binding bids for SBB
are due on Thursday, according to a financial source.
VIENNA (Reuters) – Austrian oil and gas group OMV (OMVV.VI: Quote, Profile, Research, Stock Buzz) is committed to Libya despite conflict that has disrupted production and caused some oil majors to abandon projects there, its chief executive said.
Gerhard Roiss said production lost in Libya in the third quarter through labor strikes, militias and political activists that blocked oil fields and ports amounted to less than half a percent of total annual group production.
VIENNA (Reuters) – Lucian Freud did not live to see the first exhibition of his paintings in Vienna, the city his grandfather Sigmund fled in 1938, but he helped plan the retrospective that opens this week.
Freud, considered the greatest British painter of his generation, moved with his family from Berlin to London in 1933 to escape the rise of Nazism. Four of his great-aunts were killed in concentration camps during the Holocaust.
VIENNA (Reuters) – Prospects of a center-right government in Austria faded on Friday as both the conservative People’s Party and the far-right Freedom Party (FPO) moved away from a possible alliance with the new Euroskeptic party of industrialist Frank Stronach.
The 81-year-old billionaire Austro-Canadian car parts magnate tried to break the stranglehold of the Alpine EU nation’s two mainstream parties by creating a pro-business force advocating deregulation and a possible withdrawal from the euro.
VIENNA, Oct 1 (Reuters) – Austria’s auction for
fourth-generation telecoms frequencies is into its fourth week
with bids already about four times the minimum price set by the
regulator, according to Reuters calculations.
Based on confidential information about the auction from a
source close to the process, conservative calculations show the
total bid volume close to 2 billion euros ($2.7 billion).
VIENNA (Reuters) – The partners in Austria’s pro-Europe, centrist coalition scraped a combined majority on Sunday despite recording their worst election results since World War Two and losing support to the far-right Freedom Party and a new liberal party.
Chancellor Werner Faymann’s Social Democrats (SPO) – who had campaigned on a platform of defending jobs and pensions and redistributing wealth – got 27.1 percent of the vote, down more than two points from 2008, preliminary results showed.
VIENNA (Reuters) – The partners in Austria’s pro-Europe, centrist coalition appear to have won enough votes to form a new government, staving off a strong challenge from the Euroskeptic right wing, initial projections indicated on Sunday.
Chancellor Werner Faymann’s Social Democrats (SPO) – who had campaigned on a platform of defending jobs and pensions and redistributing wealth – were poised to get 26.7 percent of the parliamentary vote, according to ARGE Wahlen projections reported by the Austria Press Agency.
VIENNA (Reuters) – Austrians voted in a parliamentary election on Sunday with a resurgent far right party challenging the political establishment and calling for an end to taxpayer-funded bailouts of struggling euro zone countries.
The governing Social Democrats (SPO) and their People’s Party (OVP) conservative partners were counting on their record in piloting the Alpine republic through the global financial crisis relatively unscathed to win another five-year term.
VIENNA (Reuters) – Austria’s far-right Freedom Party (FPO) appears likely to raise its share of the vote in Sunday elections, drawing on fears over bailouts for needier euro zone countries and the cost of supporting asylum seekers.
Social Democrat Chancellor Werner Faymann’s government coalition may well survive, but opinion poll trends suggest the FPO could overtake his conservative junior partner, the People’s Party. Austria’s overall prosperity at a time of hardship in Europe has done little to dampen historic unease at immigration.
VIENNA (Reuters) – Austrian far-right leader Heinz-Christian Strache is determined to stop the Alpine republic from bailing out poorer euro zone nations, even if it costs him a place in the next government.
Strache said his Freedom Party (FPO), long led by the late Joerg Haider, will not join a coalition after a September 29 parliamentary election unless there is a referendum on Austria’s participation in the European Stability Mechanism, which provides rescue funds to backstop ailing euro zone members.