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Austria finance minister sees S&P downgrade as wake-up call
VIENNA (Reuters) - Standard & Poor's downgrade of Austria is a wake-up call for the country to cut debt and deficits and marks an indictment of Europe's inability to move quickly, Finance Minister Maria Fekter said. She played down in an interview with Austrian radio the potential impact on Austria's borrowing costs after S&P cut its rating one notch to AA-plus with a negative outlook as part of ...

Debt crisis and Greek debt talks: as it happened - February 7, 2012
French Finance Minister Francois Baroin claims that Austria, Belgium, Finland, France, Germany, Greece, Italy, Portugal and Spain are all ready to introduce a financial transaction tax.

Debt crisis and Greek debt talks: live
French Finance Minister Francois Baroin claims that Austria, Belgium, Finland, France, Germany, Greece, Italy, Portugal and Spain are all ready to introduce a financial transaction tax.

EU 'Core' Presses For FTT
French Finance Minister François Baroin has announced that nine European countries have recently addressed a joint letter to the Danish Presidency of the European Union (EU) calling for work to be accelerated on European plans for a tax on financial transactions.

Austria Reports Higher Revenues In 2011
The Austrian finance ministry has recently announced that the state deficit for 2011 was significantly lower than originally forecast, noting that the government received around EUR910m (USD1.2bn) more in fiscal revenues than initially anticipated and that spending was approximately EUR2.3bn less.

Hutchison to buy mobile operator Orange Austria
Hutchison 3G continues to grow its European mobile phone business with its acquisition of Austria’s third biggest mobile firm from France Telecom and Mid-Europa Partners.

Austria Focuses On Eradicating Tax Loopholes
Echoing views expressed in parliament recently by Austria’s Finance Minister Maria Fekter, legal tax expert Werner Doralt has given his full support to any plans to close existing loopholes in the country’s tax system to consolidate the budget.

Austria says aim is to regain top S&P debt rating
Austria's deputy chancellor says the country must strive to regain top marks from all three rating agencies after its downgrade from Standard & Poor's.

Austria Fin Min: Greece Must Do More To Implement Reforms
Austria Fin Min: Greece Must Do More To Implement Reforms

Austria 2011 deficit lower than expected: APA
VIENNA: Austria's public deficit in 2011 was 3.3 percent of output, lower than the 3.9 percent predicted by the government, the Austria Press Agency reported Friday citing preliminary finance ministry figures.

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