Business - Economy

Austria attracts World Bank

Published: July 22, 2010; 00:00 · (Vindobona)

Austria has concluded agreements for an official residence of the World Bank Group. It provides privileges similar to those of diplomats for employees of the international organization.

Austria attracts World Bank / Picture: © Worldbank

This should motivate the international organizations to open more offices in Vienna and send employees to Vienna. Finance Minister Josef Pröll was pleased stating that it would "give impetus to the position of Vienna as an important location for international organizations."

Currently, the "Foreign Investment Advisory Service" (FIAS) and the "Vienna Centre for Financial…

This article includes a total of 212 words.

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Austria attracts World Bank

Austria has concluded agreements for an official residence of the World Bank Group. It provides privileges similar to those of diplomats for employees of the international organization.

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Sign up to read articles for free and to get personalized updates on the events that interest you.