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News From Austria

 
¤ Downgrade of Debt Ratings Underscores Europe’s Woes
Combined with a snag in talks between Greece and its creditors, the ratings agency Standard & Poor’s action served as a reminder that Europe has found no solution to its debt turmoil.
¤ Depression and Democracy
In Europe, much more than a shared currency hangs in the balance.
¤ S.&P. Warns Euro Zone of Ratings Downgrades
Fifteen euro zone nations had their credit ratings placed on a watch list with “negative implications” on Monday.
¤ ARTSBEAT; 'The Sound of Music' A Favorite in Salzburg
First-ever Salzburg, Austria, production of Rodgers and Hammerstein musical The Sound of Music is greeted with enthusiasm by audiences. Photo (M)0
¤ Austrian Mohamed Mahmoud Returns to Online Jihad
Mohamed Mahmoud, 26, represents the next generation of jihadists — media savvy and well connected with terrorist networks through prison and militant training camps.
¤ Euro Crisis Threatens Banking System
The debt crisis is spilling into countries like Poland that are not in the euro zone but are heavily dependent on Western Europe for capital.
¤ Austria Passes Expansion of Euro Bailout Fund
Despite sustained heckling from far-right legislators that compelled Parliamentary leaders to call a temporary recess, the increase was approved by a 117-to-53 margin.
¤ New Director of Salzburg Festival Plans an Adventurous Course
In October, Alexander Pereira, currently director of the Zurich Opera House, becomes artistic director of the Salzburg Festival.
¤ Requests for Collateral Pose A Hurdle for Greek Bailout
Demands for collateral by several euro zone nations could complicate negotiations on the Greek aid package.
¤ Priests Defy Vatican on Women’s Ordination
Incidents on three continents raise anew the issue of the ordination of women and married men.
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