Source: Holger provided by Holidaycheck

Source: Holger provided by Holidaycheck

In order to receive the full nominal amount of the newly issued multi-product on the DAX trio Allianz, Daimler and Siemens in addition to the coupon of 14.75 percent in February 2009, all three shares have to be above their base price. Or none of the three stocks may breach the barrier that was initially placed 30 percent below the base price during the term. If neither of the two prerequisites is met, the shares with the weakest performance will be transferred to their custody accounts.

More on the topic: Lexicon – Pfandbriefe – Germany loses top position

Germany and other countries want to ban skiing over Christmas and New Year. But Austria wants to benefit from the high season. The Austrian Minister of Tourism, Elisabeth Köstinger, explains how the country has learned from the mistakes of spring. 

t-online: Ms. Köstinger, the German government wants to work in the EU to prevent skiing holidays until January 10th. Italy and France see it similarly. Why is Austria against it?

Elisabeth Köstinger: I really don’t like these suggestions at all. We are also currently struggling to reduce the number of infections. But we already showed in summer that a safe holiday is possible with us. Accordingly, nothing speaks against skiing with us. Especially since there is a great longing for many people, especially this year, to do sports and enjoy the mountains.

This may be. However, the Bavarian Prime Minister Markus Söder has already said: "If we want to keep the borders open, we need a clear understanding when it comes to skiing." You could translate it like this: "If Austria allows winter holidays, we close the borders."

I do not hope that Mr Söder will seriously consider something like that. The damage would be huge on both sides. It’s not just about tourism: we have overcome many borders in the EU. Whoever wants to pull it up again is sinning against the economy and against people.

However, the number of infections rose in many countries after the summer vacation. So it makes sense not to make the same mistake again in winter.

We did extensive cluster analysis and found that the major outbreaks happened at family gatherings and other private gatherings. You don’t get the virus on the slopes, but often while partying afterwards. And après-ski, as it was previously known, will not be available this year.

Tourism Minister Elisabeth Köstinger: "I do not currently see any legal basis for the EU to ban winter tourism." (Source: imago images)

Maybe the party doesn’t even need to be afterwards. In October, people crowded your ski resorts. That didn’t look too reassuring.

We had a few days at the beginning of the season when our ski areas were overrun. Nobody expected this rush. In the meantime, the ski areas have taken all precautions to ensure safety. Clearances and mouth and nose protection are mandatory.

But over the turn of the year the rush will be much bigger than in October.

We have therefore now worked out comprehensive concepts. Incidentally, 85 percent of the lifts are in the fresh air anyway, so they are not a problem. And in the gondolas and cable cars there are distance requirements, and the operators ensure that there is enough fresh air.

That is also checked?

That’s something you can rely on.

So you’re ruling out a second Ischgl?

There won’t be a second Ischgl. For three reasons alone: ​​après-ski is prohibited, hygiene and distance rules apply in the closed lifts. And we regularly test all employees in tourism for Corona – incidentally, we are the only country in Europe. 

Elisabeth Köstinger is Federal Minister for Agriculture, Regions and Tourism in the government of Chancellor Sebastian Kurz. She belongs to the Austrian People’s Party.

That means: If all other EU states ban winter tourism for the time being, give us a call "Skier from all countries, comes to Austria"?which best describes the thesis statement of an argumentative essay?

I’m about fairness. It is incomprehensible that winter tourism is considered separately. It doesn’t make a difference whether I ski in Austria or get on the plane to Greece.

But what if the EU sees it differently?

I do not currently see any legal basis for the EU to ban winter tourism. But if that happens at the end of the discussion, we expect the EU to make up for the loss of sales. Because tourism is one of the most important economic sectors for us, we lose around 800 million euros per week in December and January.

All people living in Austria should be tested by Christmas. Are you really looking forward to German tourists coming from hotspots afterwards?

We are currently discussing with the health authorities what a safe, regulated life in Austria can look like after our lockdown. Tourism naturally plays an important role in this. Corresponding tests are also conceivable there.

Whoever arrives at the hotel has to do a quick test before check-in?

Longer lockdown: We owe the mess to the country bosses. Current corona situation: The number of infections in your region Interactive infographic: So many corona infections have been reported in your district

The details are not yet clear. But such a scenario is realistic. 

Sources used: Video interview with Elisabeth Köstinger

Powder snow, mountain panorama and refreshing winter air – if you are looking for that, you won’t have far to go to many of the top ski areas in the Alps. The hotel rating and booking portal Holidaycheck has selected ten particularly well-rated hotels exclusively for, where snow enthusiasts get their money’s worth. 

From skier and snowboard beginners to professional winter sports enthusiasts, there is the right slope for everyone. Hotels in Austria and South Tyrol are particularly popular.

Pure energy in a charming mountain world: Hotel Royal (3 stars, 100% recommendation, South Tyrol)

Hotel Royal: family-run, well-cooked, fantastic location. (Source:

In the midst of the forests and meadows of Obereggen, embedded in the charming mountain world of the Latemar Mountains, the Hotel Royal offers the ideal starting point for winter vacationers. 50 kilometers of snow-sure slopes right on the doorstep guarantee a varied ski holiday. Former guests rave about the slopes that can be reached in just a few steps, the first-class wellness facilities and the warm, family atmosphere.

Ski vacation with a familiar living room atmosphere: Hotel SeeRose (3 stars, 100% recommendation, Carinthia)

Hotel SeeRose: The four-star hotel is particularly popular with wellness and pleasure vacationers. (Source: Volker provided by Holidaycheck)

The 50-year-old Hotel SeeRose is located on the shores of Lake Ossiach in Carinthia. The three-star hotel has the right offer for a wide variety of holidaymakers: Whether kinetic energy for active athletes, holiday fun for families with children or wellbeing for those who enjoy life. Winter sports fans can get to the ski lift on the local mountain Gerlitze by car or bus within a few minutes.

Best views in South Tyrol: Panorama Hotel Huberhof (4 stars, 100% recommendation, South Tyrol)

Hotel Huberhof: Popular four-star accommodation in the Dolomites. (Source:

Panoramic views and genuine warmth, that’s what the four-star Hotel Huberhof stands for. With its proximity to the Dolomites, the family-run hotel makes the hearts of winter sports enthusiasts beat faster: Whether ski slopes for beginners and professionals or alpine huts for snow hikers – there is something for everyone. Vacationers not only praise the view without exception, but also the friendly staff: "The employees give you the feeling of being welcomed into a lovely family."

Winter time for two: Hotel Schneider (4.5 stars, 100% recommendation, Salzburger Land)

Hotel Schneider: Guests love the large wellness area. (Source: Alexander provided by Holidaycheck)

The Hotel Schneider convinces with a 750 square meter wellness oasis that offers everything with sauna and massages to end a hard day on the slopes. Located in the center of Obertauern, the four-star superior hotel is the ideal starting point for a skiing holiday in one of the most beautiful ski areas in Austria. Couples in particular are enthusiastic about the personal service and the direct location on the ski slope.

Ski vacation on the Dachstein massif: nature & Wellness hotel Höflehner (4.5 stars, 99% recommendation, Styria)

The Höflehner wellness hotel: The superior accommodation is known for its good service. (Source: Rene Strasser)

Located at 1,117 meters, this is what nature offers & Wellnesshotel Höflehner a direct view of the Dachstein massif. A hotel that impresses not only with its feel-good atmosphere and award-winning natural cuisine, but also with its excellent service. Former guests who enjoyed their skiing holiday in the four-mountain ski area Schladming-Dachstein also praise the first-class wellness offer and the direct location to the chairlift.

Skiing fun with all-inclusive gourmet cuisine: Hotel Steiner (4.5 stars, 99% recommendation, Salzburger Land)

Hotel Steiner: The catering is particularly praised here. (Source: Holger provided by Holidaycheck)

The four-star superior Hotel Steiner is located at 1,700 meters in Obertauern, only 20 meters from groomed slopes. The family-run hotel offers an all-inclusive gourmet cuisine, which ranges from a balanced breakfast to a six-course menu in the evening and leaves nothing to be desired: "Whether breakfast, lunch, afternoon snack, evening menu, you will be provided with culinary delights from morning to evening at a very high level!"

Winter vacation for the whole family: Hotel Hochschober (4 stars, 99% recommendation, Carinthia)

Hotel Hochschober: The Austrian house scores with an innovative wellness landscape. (Source:

Winter vacationers will find the all-round carefree package at Hotel Hochschober: during the day, ski down the slopes in the snow-sure ski area and enjoy the view from the panorama saunas in the evening. Guests of all generations are welcome at this hotel, which received the HolidayCheck Award in 2017. Families in particular appreciate the varied offers in the children’s villa and in the youth club – this leaves enough time to recharge your batteries and savor the mountains to the full.

Relaxation in the wellness temple: Hotel Mooshaus (4.5 stars, 99% recommendation, Tyrol)

Hotel Mosshaus: There is a swimming pool and massages with a dream view of the mountains. (Source: Raymond provided by Holidaycheck)

An outdoor pool at 2,020 meters above sea level and ten meters from the nearest ski slope make the Hotel Mooshaus an ideal winter hostel. In addition, the 4-star superior hotel built in traditional style offers a breathtaking view of the Tyrolean mountains. A comprehensive wellness offer in the in-house wellness temple rounds off the winter holiday with a Finnish sauna and Turkish steam bath. Vacationers particularly praise the diverse range of massages and the relaxation options in a unique atmosphere.

Down-to-earth and internationality: Superior Hotel Das Seekarhaus (4.5 stars, 99% recommendation, Obertauern)

The Seekarhaus: right on the slopes – fresh mountain air guaranteed. (Source: Inka provided by Holidaycheck)

The 4-star superior Hotel Seekarhaus is located in the middle of the Obertauern mountains, directly on the ski slope. The family-run hotel presents itself as an oasis of well-being for winter sports enthusiasts and gourmets as well as for discerning individualists and families. Excellent cuisine and award-winning cuisine combine a down-to-earth approach and internationality. Holidaymakers are enthusiastic about the varied offer, which ranges from oysters to Kaiserschmarrn to Salzburger Nockerln and rate the restaurant as the best in Obertauern.

Relaxation and ski action: Austria Trend Alpine Resort Fieberbrunn (4 stars, 96% recommendation, Tyrol)

Alpine Resort Fieberbrunn: The hotel offers modern and stylish comfort. (Source:

Holidaycheck Award 2018: The most popular hotels in Germany, Austria and Switzerland Holidaymakers’ favorites: These are the most popular hotels on the European islands Coincidence or system ?: Which system do hotels use to allocate their rooms?

Holidaymakers can find relaxation and skiing action at the same time at the Austria Trend Alpine Resort Fieberbrunn in the Kitzbühel Alps. The hotel is right next to the gondola lift on the slope of the Doischberg. The ski region in the immediate vicinity, one of the largest in the world, promises pure variety with its 20 pistes. At the four-star hotel, holidaymakers praise the family-friendliness: while parents enjoy the sauna, the children can have fun in the indoor pool.

Sources used: Holidaycheck

The new owner of Real markets, a Russian investor, wants to replace the old management team. In the long term, however, the new bosses won’t work – after all, the supermarket chain is to be broken up.

The Russian financial investor and future Real owner SCP intends to change the management of the supermarket chain immediately after the takeover is complete. After the purchase process is expected to be completed in May or June, a new management will take over the management – first and foremost, former Lidl board member Bojan Luncer, SCP announced on Monday.

Luncer will lead the company SCP Retail Investments as CEO. This company is to manage Real business for a transition period of around two years. A Real spokesman initially did not want to comment on the change in leadership.

In addition to Luncer, the new management trio will include corporate restructuring expert Michael Dorn and former Rewe manager Oliver Mans. Unite the new management team "Many years of management experience with profound expertise in retail and complex transformation processes"said the chairman of the board of directors of SCP Retail Investments, Patrick Kaudewitz. Kaudewitz himself was the head of Kaufland until 2019.

Real is to be smashed, 30 markets are to close soon

Until the transaction is completed, the management of the company will remain with the previous dual leadership with Patrick Müller-Sarmiento and Henning Gieseke, as SCP emphasized. In the past few years you had tried to give the supermarket chain a new impetus with a new marketplace concept that relied on shopping experience and numerous catering offers.