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Austria's ruling party loses Salzburg poll after finance scandal

May 7, 2013 11:26
VIENNA (Reuters) - Austria's ruling Social Democrats lost control of Salzburg to its junior coalition partner on Sunday in the wake of a finance scandal, dealing it a blow in the last provincial poll before national elections. The center-left Social Democrats' (SPO) share of the vote in Salzburg collapsed to 24 percent from 39 percent in 2009, according to exit polls. The conservative People's Party (OVP) took control with 30 percent, down from 36 percent.

"Grey mouse" denies secret dealings in Austria scandal

January 25, 2013 13:45
* Salzburg official accused of secret financial trading * Sacked finance manager says bosses knew of all her deals * Experts investigating province's finances * Auditors cite opaque accounts, lax controls By Michael Shields SALZBURG, Austria, Jan 25 (Reuters) - An Austrian provincial official accused of secret financial dealings more typical of hedge funds went public on Friday, saying her bosses knew all about the speculative investments and exotic currency trades.
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