Wednesday, 11. December 2013 - 06:12
25. 01. 13. - 19:30
The 74 million Euro surplus in Salzburg's finances presented by state finance chef David Brenner last week has raised doubt amongst experts and party leaders.
The main critic from experts is that no one knows how much was paid for the paperwork or just how much Salzburg will be able to step out of the high-risk enterprises.
The potential loss according to regional governor Wilfried Haslauer is of 300 Million Euros. The reason for this potential loss is the fact that Salzburg has 531,000 Euro worth of loans – mostly in Turkish lira.
For the suspended leader of the finance department, "there was no damage caused." According to the current standings, the balance is positive.
The only sure fact to date is that finance officer Monika R. is alleged to have secretly taken out 1,8 billion Euro's worth of debt obligations. Her lawyer Herbet Hübel argues against the allegation before court.
Meanwhile, the political shuffle in Salzburg continues. The Greens, who predict a total catastrophe, have asked to chair the planned investigations committee.
The Green Party's national councillor and ex-chair of the corruption investigations committee Gabriela Moser said the Greens were the only ones to always vote against the speculation-enterprises.
Bank Austria launches investigation into leaked data
Information published in the media about Bank Austria's history of speculative trading with public money has led the bank to launch an investigation into the leaking of customer data.
Campaign to Save Salzburg Airport Steps Up
Thousands of holidaymakers to Salzburg could find their flights in danger over plans by Germany to force the airport to cancel flights.
Unemployment rises by 10.8 per cent in comparison to November 2012
Unemployment in Austria rose significantly in November once again.
Stuntman Sets New World Record With Special Suit
An Austrian has set the new world record for being a human torch after setting himself alight and then walking around the streets of Aalzburg - followed by his own fire crew.
Avalanche Signs Stolen by Thieves
Avalanche warning signs have been stolen from Gaisburg in Salzburg.
Match fixing in Austrian football
A turbulent week in Austrian football has seen a player sacked amid accusations that he lied about his involvement in match fixing, just days after he publicly stood up against others accused of the same crime.
Vienna Christmas Tree Lights Switched On
The Christmas tree lights on Vienna's Rathausplatz in front of the city hall have been switched on.
Stolen Nazi Art Case May Move To Austria
German prosecutors may be forced to drop the investigation against 80-year-old Cornelius Gurlitt who hoarded thousands of paintings looted by the Nazis in his Munich flat after it was revealed he was technically not in their jurisdiction.
One man band ski schools to be encouraged - SPĂ–
The SPĂ– wants to make it easier for qualified ski instructors to set up their own independent ski schools in Salzburg.
More ski areas set to open
The ski season has finally started in many Austrian ski regions.
The most popular stories –
last 7 days