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

Czech Republic: Disputes Over Fiscal Pact

In the Czech Republic, the ruling coalition parties do not have a common point of view.

January 31, 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

January 31, 2013

Poland: Opposition Criticizes Government´s Economic Policy Sharply

Opposition leader Jaroslaw Kaczynski says that the government does not fight against the economic slowdown.

January 31, 2013

Hungary: Lending Declines

Household and non-financial corporate sector interest rates: December 2012.

January 31, 2013

Hungary: Unemployment Stagnates

In the 4th Quarter 2012, the number of unemployed people was 468 thousand resulting in an unemployment rate of 10.7%.

January 31, 2013

Polish Economy Grew by 2.0% Last Year

Today, the Polish Statistical Office has published the economic data for 2012.

January 30, 2013

Hungarian National Bank Cuts Interest Rate Again

At its meeting on 29 January 2013, the Monetary Council reviewed the latest economic and financial developments and voted to reduce the central bank base rate by 25 basis points from 5.75% to 5.50%, with effect from 30 January 2013.

January 30, 2013

Hungary: More People in Work than in 2012

In the 4th Quarter 2012, the number of employed people was 3,909 thousand, 58 thousand more than a year ago. The employment rate of both men and women improved.

January 29, 2013

IMF Criticizes Hungarian Government

According to IMF, the economic outlook for Hungary is rather gloomy.

January 28, 2013

Rostowski: Poland´s Economy to Recover in Second Half of 2013

Poland´s Minister of Finance expects that the economic slowdown will continue for the time being.

January 28, 2013

Czech Government Rejects New Elections

After Milos Zeman was elected as new President of the Czech Republic, he called for new elections. A change of government would be rather likely.

January 28, 2013

NBU Expects Lower Inflation

The inflation expectations of the heads of Ukrainian enterprises have been low for the third quarter in a row.

January 28, 2013

54.9%: Zeman Wins

Milos Zeman will become the next President of the Czech Republic. His rival Karel Schwarzenberg has already recognized his defeat.

January 26, 2013

Czech Republic: Zeman Ahead

Today, the run-off election in the Czech Republic has ended. According to first results, the socialist Zeman ranks first.

January 26, 2013

Hungary: Real Wages Declining Persistently

In the first eleven months of 2012, real wages of Hungarian workers was down by 3.5%.

January 26, 2013

EANS-General Meeting: Epigenomics AG / Additional Information for the General Meeting

EANS-General Meeting: Epigenomics AG / Additional Information for the General Meeting

January 25, 2013

EU Wants Austria to Give Up Bank Secret

Commissioner Algirdas Semeta threatens with a complaint against Austria. According tom him, Austria and Luxembourg are blocking the automatic information exchange.

January 25, 2013

Hungary: Retail Trade Shrinks Significantly

The volume of sales in retail trade decreased by 4.1% in November.

January 25, 2013

Poland Sells Shares in PKO

The share in the banking group decreases to 31.9%. Further privatizations are planned.

January 24, 2013

Poland: Unemployment Quota at 13.4%

The labor market situation is one of Poland´s most pressing issues. Compared to November 2012, the unemployment quota was up by 0.5 percentage points.

January 24, 2013

Austrian Exports to U.S. Growing Massively

Compared to the reference period of 2011, exports to the U.S. grew by 10.4% in the first three quarters of 2012.

January 24, 2013

Poland Has Third-Biggest Current Account Deficit

EU27 current account surplus € 28.8 bn. € 39.3bn surplus for trade in services.

January 24, 2013

Business Cycle Survey: Czech Overall Confidence Decreases

Overall confidence in domestic economy decreased slightly in January. The composite confidence indicator (economic sentiment indicator) decreased by 0.3 points compared to December.

January 24, 2013

Romania Needs More Time for IMF-Requirements

The financially stricken country did not implement the planned privatizations. EBRD criticized Romania´s slow progress.

January 23, 2013

Turkey Plans to Build World´s Biggest Airport

Until 2017, Turkey wants to build the biggest airport. In total, the new airport will handle up to 150 million passengers.

January 23, 2013

Komorowski: Poland Should Join Eurozone in 2015

Poland´s President Bronislaw Komorowski said that the country should decide whether to introduce the euro in 2015.

January 23, 2013

Czech Republic: Controversy About Benes Decrees

The second round of the Czech presidential elections is heating up. The candidate Karel Schwarzenberg was criticized harshly.

January 23, 2013

Croatia: Austerity Policy Faces Difficulties

Croatia´s Minister of Finance Slavko Linic thinks that the austerity policy cannot be continued.

January 22, 2013

Poland: Lower Growth Forecasts

The slowdown of the Polish economy continues. The government is becoming impatient.

January 22, 2013

“Costs of non-enlargement of the EU would be high”

Austrian Foreign Ministry wants discussion about more involvement of EU citizens in EU policy.

January 22, 2013

Rostowski Calls for Further Interest Cuts

Polish minister of finance Jacek Rostowski wants NBP (Polish National Bank) to lower the base rate further.

January 21, 2013

Most Czechs Are Pessimistic

A clear majority of the Czech citizens expects that their individual financial situation will deteriorate this year.

January 21, 2013

Poland´s Rating Not Endangered

According to the U.S. rating agency Fitch, Poland´s “A-“ rating is “robust”.

January 21, 2013

Hungary: Production of Main crops Decreases Sharply in 2012

In 2012, 25% less cereals were produced on a 2% larger area than in the previous year.

January 21, 2013

Czech Republic: Both Presidential Candidates Want to Join Eurozone

Unlike the outgoing President of the Czech Republic Vaclav Klaus, Milos Zeman and Karel Schwarzenberg are in favor of the euro.

January 19, 2013

Klaus Recommends to Vote not for Schwarzenberg

Czech President Vaclav Klaus will stay in office until March. Klaus does not want Karel Schwarzenberg to become his successor.

January 19, 2013 · Updated: January 19, 2013; 15:47

Poland: Credit Line Renewed

The IMF guarantees a credit line of € 26bn to the Polish government.

January 19, 2013

Czech Republic Decides to Enlarge Temelin Power Plant

Today, the Czech Ministry of Environment has approved the enlargement of the nuclear power plant in southern Bohemia.

January 18, 2013

Czech Republic: Czech Government Withstand Another Vote of Confidence

The stability of the Czech government is still doubtful. For the time being, the coalition can deal with the pressure from the opposition.

January 18, 2013

Hungary: Gross Earnings Grow Moderately.

Last year, gross earnings were up by 4.6%. As Hungary´s inflation rate comes at 5.7%, real earnings are still shrinking.

January 18, 2013

WSE Has New Management

Adam Maciejewski will replace Ludwik Sobolewski as CEO of Warsaw Stock Exchange.

January 17, 2013

Poland: FDI Inflow Increases Decently

Last year, Poland recorded only a small increase in foreign direct investments.

January 17, 2013

WSE Among Europe’s Top Five Markets by Value of IPOs in 2012

The WSE ranked #1 in Europe by the number of IPOs and #5 by the value of IPOs in 2012.

January 17, 2013

New Governor at National Bank of Ukraine

Mr. Mykola Azarov and Mr. Sergiy Arbuzov introduce a new Governor of the National Bank of Ukraine.

January 17, 2013

Hungary: Construction Output Decreases

In November 2012, construction output was down by 11.7% on the high base a year ago.

January 17, 2013

Euro Exchange Rate: Nowotny Contradicts to Juncker

According to Eurogroup-chief Jean-Claude Juncker, the exchange rate of the euro is “dangerously high”. Nowotny disagrees with Juncker.

January 16, 2013

Hungary: Poverty Grows Dramatically

More than 33% of Hungary´s citizens are at risk of poverty. Among the EU countries, Hungary ranks fifth.

January 16, 2013

“Strict rules and monitoring mechanisms for a healthy Europe”

Austria´s State Secretary Reinhold Lopatka discusses EU financial matters with Czech State Secretary Vojtech Belling.

January 16, 2013

Hungary: Sharp Decrease in Industrial Production

In November 2012, industrial gross output declined by 6.9% in volume compared to the same month of 2011.

January 16, 2013

Schwarzenberg Will Not Resign as Foreign Minister

The Czech presidential candidate and foreign minister Karel Schwarzenberg announced to remain in office until the second round of the elections.

January 16, 2013