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VIENNA ELECTIONS

POLITICS

Polls show far-right draw even for Vienna vote

Austria's far-right Freedom Party (FPÖ) has drawn nearly even with the ruling Social Democrats (SPÖ) in Vienna ahead of October 11 elections in the capital city state, according to a poll published Saturday.

Polls show far-right draw even for Vienna vote
Heinz-Christian Strache celebrating his party's results in Upper Austria. Photo: Freedom Party of Austria

According to the survey, the FPÖ would win some 35 percent of the vote, just one point short of the SPÖ, which has controlled the Austrian capital since 1945.

The FPÖ, led by 46-year-old Heinz-Christian Strache, has gained steadily in the polls since the spring, thanks in part to the migrant crisis, like other far-right parties across Europe.

In recent months Austria has become a major transit country for tens of thousands of migrants entering from Hungary — having travelled up through the western Balkans — bound for northern Europe, in particular Germany.

Late last month the FPÖ doubled its score in regional elections in Upper Austria, winning 30 percent of the vote for a second place behind the conservative People's Party (ÖVP).

In June, Strache's party joined in an improbable coalition with the Social Democrats in eastern Burgenland after winning 15 percent of the traditionally left-wing province.

Analysts say the mainly working-class electorate of the SPÖ has partly shifted to the FPÖ.

The survey by polling firm Market for the Standard daily found the FPÖ up nine points while the SPÖ was down eight.

If the Freedom Party wins in Vienna, it would be a symbolic political earthquake, but the party would not necessarily take power in the capital, since runners-up would likely form a coalition.

The Austrian capital has long prided itself on its leftwing credentials, going by the nickname "Red Vienna".

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POLITICS

Austria’s Raiffeisen Bank replaces ‘misleading’ Russia job ads

Austria's Raiffeisen Bank said on Tuesday that it was replacing job ads that contained 'misleading wording' implying the bank was expanding its operations in Russia.

Austria's Raiffeisen Bank replaces 'misleading' Russia job ads

The bank has vowed to reduce its business in Russia following Moscow’s invasion of Ukraine in 2022 but has so far not sold or spun off its Russian unit.

The Financial Times on Tuesday said it had found dozens of postings for Russia-based jobs, touting its growth plans in the country.

One of the job postings said the bank was “looking for a client manager who will attract clients,” the paper reported.

“The quotes from the job advertisements do not reflect the measures taken by Raiffeisen Bank International to date to reduce its Russian business, nor do they correspond to the further plans for the Russian business,” the bank said in a statement sent to AFP.

It added to be able to sell Raiffeisenbank Russia — the biggest Western bank still in Russia — “job positions that are necessary for functioning banking operations will continue to be filled or refilled”, but they are “not related to business growth”.

“The very few job ads which contained old and misleading wording are/will be replaced.” the bank said.

Raiffeisen Bank International said in its annual report for 2023 that it had made 2.4 billion euros ($.2.6 billion) in net profits. It paid 464 million euros in income tax in Russia.

The group announced in December an agreement with Austrian construction company Strabag, involving Russian oligarch Oleg Deripaska, who is under Western sanctions.

The deal to try to recover assets frozen in Russia before selling or spinning off Raiffeisenbank Russia has drawn the US authorities’ scrutiny.

A senior US Treasury official — in Austria in March to discuss sanctions against Russia — met Raffeisen Bank International officials in Vienna to discuss the bank’s business in Russia.

Last year, a Czech rights group filed a criminal complaint against the bank’s Czech and Austrian units, claiming the bank is financing terrorism with its activities in Russia.

Raiffeisenbank has been in Russia since 1996 and employs more than 9,000 people there.

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