Chief Correspondent, Vienna, Vienna
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Oct 11, 2013

Dissident Catholic priests push for Church reforms

VIENNA (Reuters) – A new international network of reformist Roman Catholic priests is pushing to give lay people a bigger role in a Church that Pope Francis wants to bring closer to grassroots members.

Speaking as dissidents from six countries met in Austria on Friday for the first time, clergyman Helmut Schueller said the Church should draw on people in local parishes that are under threat of vanishing as the ranks of the priesthood dwindle.

Oct 9, 2013

Social Democrats get task to form Austrian government

VIENNA (Reuters) – Austrian Chancellor Werner Faymann’s Social Democrats (SPO) got the tough task of forming a new government on Wednesday and hoped to rebuild their alliance with the conservatives to stave off the eurosceptic far right.

President Heinz Fischer asked Faymann as head of the SPO – weakened after September 29 elections but still the biggest party in parliament – to forge a new coalition, opening the door for formal talks with the People’s Party (OVP), its ally since 2006.

Oct 1, 2013

Conservative holdout puts Austria coalition in question after vote

VIENNA (Reuters) – Austria’s government formally resigned on Tuesday but will stay on in a caretaker role as wary conservatives consider whether to renew a coalition with the center-left after they suffered big losses to the far right at weekend elections.

Chancellor Werner Faymann’s Social Democrats (SPO) are putting all their efforts into forming another coalition with their People’s Party (OVP) junior partners to keep power with the mainstream parties that have dominated post-war politics.

Sep 30, 2013

Austrian political establishment on ropes after rightist surge

VIENNA (Reuters) – Austria’s pro-Europe political establishment may struggle to form a new coalition after slumping to a wafer-thin majority in elections, leaving the far right breathing down its neck over unaddressed threats to the nation’s prosperity.

With the anti-immigrant, anti-EU Freedom Party waiting in the wings, Chancellor Werner Faymann’s Social Democrats want another coalition with the conservative People’s Party. The two have dominated Austrian politics since World War Two.

Sep 29, 2013

Austrian centrist coalition survives far-right gains

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.

Sep 29, 2013

Austrian coalition set to survive far-right gains: projections

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.

Sep 29, 2013

Austrian ruling coalition faces far-right challenge in vote

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.

Sep 28, 2013

Austrian coalition faces far-right challenge in vote

VIENNA (Reuters) – A resurgent right-wing party keen to end taxpayer-funded bailouts of euro zone laggards takes on Austria’s political establishment in parliamentary elections on Sunday.

The ruling Social Democrats (SPO) and their People’s Party (OVP) conservative partners are counting on their record in piloting the Alpine republic through the global financial crisis relatively unscathed to win another five-year term.

Sep 23, 2013

Austrian insurer Uniqa launches £623 million share offer

VIENNA (Reuters) – Austrian insurer Uniqa (UNIQ.VI: Quote, Profile, Research) launched a share sale on Monday that aims to raise around 750 million euros (623 million pounds) for expansion abroad and boost its free float to as much as 36.7 percent.

Its “re-IPO” – so called because it will raise the free float from just 7 percent – is set be the biggest deal on the Vienna Stock Exchange since the 411 million-euro initial public offering (IPO) of aluminium group AMAG (AMAV.VI: Quote, Profile, Research) in April 2011.

Sep 23, 2013

Austrian insurer Uniqa launches $1 bln share offer

VIENNA, Sept 23 (Reuters) – Austrian insurer Uniqa
launched a share sale on Monday that aims to raise around 750
million euros ($1 billion) for expansion abroad and boost its
free float to as much as 36.7 percent.

Its “re-IPO” – so called because it will raise the free
float from just 7 percent – is set be the biggest deal on the
Vienna Stock Exchange since the 411 million-euro initial public
offering (IPO) of aluminium group AMAG in April 2011.

    • About Michael

      "Mike has worked for Reuters for two decades and reported from more than a dozen countries on business and general news. His beats have included covering the European automotive industry, business news from Switzerland, German defense and security policy, and Hungary's transition to a market democracy after the collapse of communism in eastern Europe"
      Joined Reuters:
      1987
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