Archive for Category: Test

Austria news

Austria – Corona and business buy outs!

In order to protect key industries from hostile investors from third countries, the rules of the game are now tighter: Up to 10% holding is allowed but more than this can be prohibited. The precautions against a sell-out are  in full swing in Austria. It remains to be seen...

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Austria’s property market slowing sharply

Austria’s property market slowing sharply

Austria’s property market is now slowing sharply, amidst meagre  economic growth. The residential property price index in Austria increased modestly by 2.4% (0.7% in real terms) during the year to end-Q3 2014, based on Oesterreichische Nationalbank (OeNB)’s figures. In a quarterly basis, property prices dropped 1.2% (-1% in real terms) in...

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Skier Survived Almost Two Hours Buried Alive

Skier Survived Almost Two Hours Buried Alive

A skier had a miracle escape after being buried under two metres of snow for nearly two hours during an avalanche in Austria, it was revealed last night. Lucky Juergen Hauser, 37, suffered from hypothermia and bruising to his lungs, but was pulled alive from his icy tomb by...

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Massive Increase In Vienna Property Prices

Massive Increase In Vienna Property Prices

Austria’s national bank says property in Vienna in the first quarter of this year is probably about 22 percent overvalued. And the bank also noted that despite the fact that the property was overvalued, prices had increased in the first quarter by 8.1 percent. It is part of an...

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