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Vienna's Foreign and Bilateral Relations
Read the latest headlines about bilateral relations in the areas of economy, business, diplomacy, culture and tourism between Austria and its partners


Poland: Measures to Increase Employment

The polish government approved a package of measues becoming effective by 2014 to improve the situation on the labor market.
July 10, 2013


Turkey: Gezi Park And Taksim Square Closed Again

Only a few hours after the reopening of Gezi Park, the police in Istanbul once more used violence against demontrators as they wanted to get inside.
July 9, 2013


OeNB Favors Examination of Bad Bank for Hypo

The Austrian National Bank (OeNB) has, according to Govenor Ewald Nowotny, requested to examine models for the establishing of a bad bank for Hypo Group. This was announced by Nowotny on Monday
July 8, 2013


Poland: Opposition Strengthens Front-Runner Position

According to a recent poll, conservative opposition party Law and Justice (PiS) has intensified its lead over ruling centrist Civic Platform (PO).
July 8, 2013


Turkey: Government Alleged to Have Known About Project Fail

A week before the forceful clearing of Gezi Park in Istanbul, the Turkish government was supposed to know about the fact that it had lost before court with its constructions plans. Protests went on, despite of that.
July 5, 2013


Construction of voestalpine plant in US by Siemens and Midrex

voestalpine entrusts construction of the direct reduction plant in Texas to Siemens and Midrex.
July 5, 2013


OMV Continues Expansion in Norway

OMV has been awarded six additional offshore exploration licenses in Norway, acting as operator for two of them.
July 5, 2013


Turkey: Court Forbids Reconstruction of Taksim Square

Controversial construction project led to protests and brutal police force.
July 3, 2013


Rosneft to Take Over Itera Completely

Russian oil producer Rosneft has taken over gas corporation Itera completely and now wants to compete against energy giant Gazprom.
July 2, 2013


Poland To Enhance Supervision Over State Companies

Around twenty state-controlled enterprises will be watched more closely.
July 2, 2013


Snowden Applies For Asylum in Austria

Former US intelligence official Edward Snowden has applied for asylum in several countries, among them Austria, according to WikiLeaks.
July 2, 2013


Putin Offers Snowden Right to Stay

Russian President Vladimir Putin has offered fugitive IT specialist Edward Snowden a right to stay as long as he will not further harm the US.
July 1, 2013


Austrian Coalition to Take Stock of Legislative Period

In a joint interview with several leading Austrian newspapers, Austrian Chancellor Werner Faymann and Deputy Chancellor and Foreign Minister Michael Spindelegger take stock of the legislative period so far.
June 28, 2013


EANS-Total Voting Rights: Atrium European Real Estate Limited / Release
according to article 93 BörseG with the aim of a Europe-wide distribution

EANS-Total Voting Rights: Atrium European Real Estate Limited / Release according to article 93 BörseG with the aim of a Europe-wide distribution
June 28, 2013


Turkey Becoming Important Global Investor

According to the latest survey by UNCTAD, Turkey has become an important investor.
June 28, 2013


Austria: WIFO and IHS to Adjust Growth Perspectives Downwards

Experts at the Austrian Institute for Economic Research (WIFO) and the Institute for Higher Studies (HIS) have significantly cut their prognoses for the growth of domestic economy in 2013. However, both institutes are still optimistic for 2014.
June 28, 2013


Conwert Pushes Portfolio Streamlining In CEE

The Austrian ATX-traded conwert Immobilien Invest SE has successfully sold a commercial property in the city of Brno, Czech Republic.
June 28, 2013


Hungary: New Tax for Banks

According to a legislative proposal by Economy Minister Varga, banks would have to face a further burden of around € 250m.
June 27, 2013


Hypo Group: Commisson Against Extension of Deadline

Austria will in all probability not be granted an extension of the deadline for the winding down of Hypo Alpe Adria. This was announced by EU Competition Commissioner Joaquin Almunia
June 26, 2013


Mitterlehner: Romania Offers New Chances for Austrian Economy

Austrian Economy Minister Reinhold Mitterlehner met his Romanian counterpart Varujan Vosganian in Vienna.
June 25, 2013


Czech Republic: Rusnok New Head of Government

Czech President Milos Zeman has appointed his confidant Jiri Rusnok head of a government of experts.
June 25, 2013


NBP: Investments to Rise in Poland

According to a report on the financial situation of firms in the first quarter published by the National Bank of Poland (NBP), demands in investments in the forthcoming quarters should rise.
June 25, 2013


Russia: Putin Changes Personnel at Ministry of Economics

In the light of the menancing recession, Russian president Vladimir Putin has reorganized the leaders of economic policy-makers.
June 24, 2013


Zeman Favors Government of Experts

After Prime Minister Petr Necas‘ resignation, President Milos Zeman prefers the induction of a government of experts.
June 24, 2013


Mitterlehner: „4,000 New Austrian Exporters Within Two Years“

Internationalization Offensive (IO) “go international” will be prologued until 2015. Economy Minister Mitterlehner and head of the Chamber of Commerce (WKO) Leitl present their main targets for Austrian export.
June 21, 2013


Atrium European Real Estate Limited / ATRIUM ACQUIRES GALERIA
DOMINIKANSKA IN WROCLAW, POLAND, FOR EUR 151.7 MILLION

Atrium European Real Estate Limited / ATRIUM ACQUIRES GALERIA DOMINIKANSKA IN WROCLAW, POLAND, FOR EUR 151.7 MILLION
June 21, 2013


Czech Republic: Zeman’s Turn to Announce New PM

After Czech ruling party ODS has nominated Miroslava Nemcova, Chairwoman of the Chamber of Deputies, as candidate for the ministerial office, it is now President Milos Zeman’s turn to appoint the head of government.
June 21, 2013


Hypo: Deal with Russian Oligarch with “Proper Mortgage”

The investigations into money laundering at the Federal Criminal Office concerning the business with Russian oligarch Vladimir Antonov were brought to an end without any results. There were no arms among the securities.
June 20, 2013


Czech Republic: Nemcova Nominated As Prime Minister

Petr Necas’ handed in his resignation on Monday after a bribery scandal.
June 19, 2013


Austria: Raids by EU Commission at ÖBB

The Austrian Railways is alleged of having agreed to fixed prices with other companies. House searches were carried out.
June 19, 2013


Poland: Deputy Transport Minister Dismissed

Former Deputy Transport Minister alleged of corruption. Austrian construction company Alpine involved.
June 18, 2013


Czech Republic: Necas Steps Back

Czech Prime Minister Petr Necas draws the conclusion from his corruption scandal and announced to step back.
June 17, 2013


Eurozone and EU27 to Increase International Trade

Euro area international trade in goods surplus 14.9 bn euro. 9.2 bn euro surplus for EU27
June 17, 2013


Turkey: Protests About to Escalate

Further unrests after forceful clearing of Gezi Park.
June 17, 2013


Czech Republic In Turmoil Over Corruption Scandal

The Czech Republic’s political landscape is in turmoil due to the scandal. The investigations have begun on Thurday with country-wide raids. More and more bizarre details seem to appear.
June 14, 2013


Turkey: Erdogan Gives In

In the dispute about Gezi Park in Istanbul, which has led to weeks of protests and even violence, the Turkish government leadership now wants to give in.
June 14, 2013


Poland: PKO BP to Acquire Polish Assets of Nordea

Bank PKO BP strikes deal to buy Nordea's Polish assets.
June 13, 2013


Turkey: Erdogan Considers Referendum

After international criticism was voiced for the use of tear gas by the Turkish police against tens of thousands of demonstrators, Prime Minister Recep Tayyip Erdogan raised the issue of a referendum.
June 13, 2013


Verbund Puts Wind Farms in Romania into Operation

One of the largest onshore wind farms of Europe with a 225 megawatt capacity near the Black Sea coast.
June 13, 2013


EU Commission to Support Steel Industry

EU Commissioner for Industry Antonio Tajani has presented the annouced steel action plan.
June 12, 2013


EU Abandons Quarterly Reports

Listed enterprises in the European Union do not have to present quarterly reports from 2015 on.
June 12, 2013


Half of Czech Republic’s Citizens Unsatisfied With Zeman

The Czechs are divided about the administration of President Milos Zeman.
June 12, 2013


Fekter: „Bad Bank for Hypo Not The Most Creative Solution“

The Austrian Greens affirm their demand for the establishing of a bad bank for the ailing Hypo Group and a respective bill.
June 12, 2013


Austria: Wienerberger Alarmed About Shrinking Residential Building

Building material group Wienerberger is alarmed about the declining figure in residential building even though the market is significantly undersupplied with affordable housing space.
June 12, 2013


Highwater Damages for VIG Up to € 45 Million

Austria’s biggest insurer estimates with net costs double the amount than in 2002.
June 11, 2013


Ukraine Leaps to Business Deregulation

One of the reform priorities for Ukraine in 2012 has become the deregulation of business activity.
June 11, 2013


Turkey: Police Force Attacks Protesters At Gezi Again

Turkish Prime Minister Recep Tayyip Erdogan seems ready for talks with representatives of the demonstrators, who will be received by him on Wednesday. However, earlier he has demonstrated inexorable hardness.
June 11, 2013


Fekter: The North Feeds The South

Finance Minister Fekter compares the situation in Europe with the economic circumstances in Italy.
June 11, 2013


Poland: Sale of Foreign Currencies to Stabilize Zloty

After lowest rate in one year, the Polish government had to take actions.
June 10, 2013


Siemens VAI to Modernize Ukrainian Steel Plant

The signing of a major contract in Ukraine for Upper-Austrian industrial plant construction company Siemens VAI is in its final steps.
June 10, 2013