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Major deal – Ukraine avoids bankruptcy with debt restructuring

Ukraine has reached a debt restructuring agreement with private creditors, averting a national default in the war-torn country that was feared in August.“The agreements...

“Worlds better” – Why Kocher’s comparison with Germans is wrong

Labor Minister Martin Kocher convinced the German newspaper 'Bild' that Austria was doing much better than its large neighbor. “Ösis loses the traffic...

Webb telescope provides exoplanet weather report

The exoplanet WASP-43b orbits its star about 280 light-years from Earth. Despite the enormous distance, astronomers have discovered what wind and temperature conditions...

Ministry surprises: budget deficit this year far exceeds the Maastricht target

According to budget forecasts published by the Budget Council on Wednesday, Austria's Maastricht deficit is likely to be well above the Maastricht limit of...

“Stagflation phase” – IMF: The global economy is likely to grow slightly faster

The International Monetary Fund (IMF) is slightly more optimistic about the development of the world economy. The upcoming new forecasts in the coming...

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