25 C
Vienna
Monday, April 23, 2018
black-market crime
How does Austria deal with Europe’s estimated €1 trillion shadow economy of black-market crime, petty tax evasion and corporate profit shifting?In Vienna, a tax fraud sting begins with an innocuous questionnaire, printed in German, English and several Slavic languages. In this polyglot city, bordering the former communist east, finance investigators approach waiters at lunchtime, construction workers in the afternoon, or bordello...
pharmaceutical industry
Pharma's Market: The pharmaceutical industry has played an important role in Austria’s economic growth. But the challenge remains to find a balance between regulation and competitive pricing.Sluggish economic growth in Europe has governments on edge. In Austria, after four years below 1% and a modest rebound of 1.6% in 2016, one of the best prospects for continued recovery is...
business
The creative industries need to be ever-fresh. Michael Conrad of the Berlin School of Creative Leadership talks about what it takes to create like a bossHe knew there was plenty of talent out there, but the young Michael Conrad was having a hard time hiring creatives for his ad agency in the 1980s. Again and again, he would see...
Community Supported Agriculture
As industrial farming comes under attack, Community Supported Agriculture (CSA) hopes to change the gameRevolution is the new black. Every pillar of our existence is under attack, from democracy to what we eat. For Ronald Jacobs and his wife Shelly, founders of Kurt Pure Frozen Yogurt, it’s become a call to action. With five like-minded families, he has taken...
online banking erste bank
We asked board member Thomas Schaufler about designing Erste Bank’s online banking platform GeorgeIn Austria, banking has not always moved with the times. From the persistence of the transfer slip (Erlagschein) to the popularity of the savings account, progress has been conservative in terms of innovation. So who better to design a burgeoning new way to do banking than...
jobs united nations
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Music Traveler
A new startup called Music Traveler – like an Airbnb for musicians – helps music professionals find space to practice while they’re on the road.It all began when everything went wrong: Vienna-based violinist Aleksey Igudesman was planning a badly needed holiday. But there was a complication. His then-partner, a professional pianist, would need somewhere to practice, and not just...
vienna's coworking spaces
The number of coworking spaces in Vienna is growing. Is sharing an office with strangers the new normal? In 2017 more than a million people will choose a shared working space over home-office isolation. Is sharing your desk, WiFi, kitchen – and also your ideas  – with kindred spirits becoming the new normal?“Anybody in for Sexy Salad?” A curly-haired gentleman in a Kidrobot T-shirt...
cooperative city
Smart cities need smart citizens. A growing movement of initiatives and startups, harnessing social media and using top-notch technology, aims to give city residents a voice at City HallTechnology entrepreneurs don’t normally have much patience for government bureaucracy. Nor do the venture capitalists who fund them. The layers of decision-makers, politically driven procurement and unpredictable budgets have all been...
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