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Austria Finalizes Billion-Dollar Purchase: Twelve Italian Leonardo M-346-FA Jets to Replace Swedish Saab 105
Austria has completed the purchase of twelve Leonardo M-346-FA jets from Italy. This was announced by Defense Minister Klaudia Tanner and Economy Minister Wolfgang Hattmannsdorfer (both ÖVP). The new weapon-capable subsonic jets close a capability gap that had existed since 2020 due to the decommissioning of the Saab 105.
Yesterday
U.S. Ambassador Fisher Launches His Mission in Vienna: Diplomatic Talks and Focus on Transatlantic Partnership
The new United States Ambassador to Austria, Arthur “Art” Fisher, has held a series of important meetings during his first weeks in Vienna to reaffirm strong bilateral relations and discuss shared priorities. The North Carolina real estate entrepreneur described his new ambassadorial role as “the honor of his life.”
November 26, 2025
Austria and Italy Together With UNODC Urge Global Alliance Against Organized Crime
The threats posed by transnational organized crime are more complex, interconnected, and dangerous than ever before. In light of these developments, Austrian President Alexander Van der Bellen and Italian President Sergio Mattarella, together with Ghada Waly, Executive Director of the United Nations Office on Drugs and Crime (UNODC), have called for renewed global solidarity.
November 26, 2025
EUSALP Annual Forum in Innsbruck Concludes With New Joint Action Plan
Cross-border cooperation in the Alpine region has reached a new milestone. At the General Assembly and Annual Forum of the EU Strategy for the Alpine Region (EUSALP) in Innsbruck, the new EUSALP Action Plan was adopted, setting out the strategy for the next ten years. At the same time, EUSALP, which brings together seven countries and 48 regions, celebrated its 10th anniversary and marked the end of the Austrian-Liechtenstein co-presidency in 2025.
November 26, 2025
Vienna Stock Exchange Celebrates Double Success: ATX Reaches All-Time High and CEO Contract Extended
The Vienna Stock Exchange is experiencing a historic day: after 18 years, the Austrian benchmark index ATX reached a new record high at closing on Wednesday. At the same time, the Supervisory Board announced the extension of CEO Christoph Boschan's contract for another five years.
November 26, 2025
Albania Gets Support from Meinl-Reisinger: Full EU Membership by 2030 is the Goal
Beate Meinl-Reisinger, Austria's Foreign Minister, wants to present her country as a reliable partner on Albania's path to the European Union. Austrian Foreign Minister Beate Meinl-Reisinger reiterated this during her visit to Tirana, where she met with Prime Minister Edi Rama and her Albanian counterpart Elisa Spiropali.
November 25, 2025
Ryanair: Growth in Bratislava, Decline in Vienna
Irish low-cost airline Ryanair is pushing ahead with its expansion in Slovakia and has announced 70 percent growth for Bratislava Airport. At the same time, the company is sticking to its previously announced cuts in Vienna. Ryanair CEO Michael O'Leary justified the change of course with the high costs in Austria and sharply criticized the Austrian government at press conferences.
November 25, 2025
Austria On Track: EU Commission Accepts Deficit Plans Despite Surprises
As part of its autumn package for the European Semester, the EU Commission has given Austria a positive assessment of its progress in the ongoing deficit procedure. Despite the expected higher budget deficits, particularly in some federal states, Vienna is certified to be on track to comply with EU requirements. No new requirements are expected for the time being. At the same time, the government's eagerly awaited industrial strategy is coming into focus, with leading economists calling for a “European dimension.”
November 25, 2025
OPEC and GECF Warn of Energy Crisis: Trillions in Investments in Oil and Gas Urgently Needed
At their Sixth High-Level Energy Dialogue in Vienna, the Organization of Petroleum Exporting Countries (OPEC) and the Gas Exporting Countries Forum (GECF) issued an urgent appeal to the international community: in view of record-breaking growth in demand, massive and long-term investment in oil and gas production is essential. Without sufficient funding, there is a risk of a shortage in supply security.
November 23, 2025
India to Host Global AI Impact Summit 2026
India is positioning itself as a global pioneer in responsible and inclusive artificial intelligence (AI). The country will host the India–AI Impact Summit 2026 in New Delhi on February 19 and 20, 2026. This is also being promoted by the Indian Embassy in Vienna.
November 20, 2025
Austria Appeals Against Taxonomy Ruling in Dispute over “Green” Nuclear Power and Gas
Austria is continuing its fight against the classification of nuclear energy and gas as sustainable under the EU Taxonomy Regulation. Following the rejection of its lawsuit by the European Court of Justice (ECJ) in Luxembourg in September, the Austrian government has now appealed against the ruling. This was announced by the Austrian Ministry of the Environment.
November 20, 2025
Austria's Economy: Once Again Bringing Up the Rear in EU Growth
Austria once again ranks among the bottom performers in the European Union in terms of economic development in 2026. The EU autumn economic forecast, presented in Brussels, predicts only 0.9 percent growth in gross domestic product (GDP) for the Alpine republic, the third-lowest figure among all EU countries. Only Ireland (+0.2 percent) and Italy (+0.8 percent) are expected to perform worse.
November 17, 2025
New U.S. Ambassador Art Fisher Arrives in Vienna
The new Ambassador of the United States of America to Austria, Arthur “Art” Fisher, has arrived in Vienna and officially taken up his post. Upon his arrival at Vienna Airport, the real estate entrepreneur from North Carolina emphasized the importance of the long-standing partnership between the two countries.
November 16, 2025
Chinese Embassy in Vienna Hosts Symposium on the 80th Anniversary of Taiwan's Return
A symposium marking the 80th anniversary of Taiwan's return to China was held at the Chinese Embassy in Austria. The event, attended by Chargé d'Affaires a.i. Zheng Xuan and representatives of the Chinese community in Austria, including compatriots from Taiwan, served to reaffirm China's position on the Taiwan issue and coincided with a series of similar commemorative events in China and other embassies around the world.
November 16, 2025
Unveiling of the Habsburg Jewelry Treasure Raises Legal Questions
The recently discovered Habsburg jewel treasure, including the legendary 137-carat Florentine Diamond, is not only causing a stir in aristocratic circles but also heated debates about ownership. For the emperor's grandson Karl Habsburg, the case is clear: it is “quite clearly the private property” of the family.
November 13, 2025
Austria's Defense Evolves: Neutrality, Threats, and the Future of the Military
The geopolitical situation in Europe is coming to a head, and Austria's traditional neutrality is more than ever at the center of a heated debate about the country's future defense capabilities. To better understand this area of tension, it is essential to examine the fundamentals, capabilities, and geopolitical role of the Austrian Armed Forces (ÖBH). This has already been discussed frequently in the media and paints a sobering picture.
November 13, 2025
STRABAG's Order Backlog Exceeds 30 Billion Mark for the First Time
The listed construction services technology group STRABAG SE reached a historic milestone in the first nine months of 2025: its order backlog rose by a remarkable 24 percent to a new record level of EUR 31.4 billion.
November 13, 2025
25 Years of the Austrian Marshall Plan Foundation: Transatlantic Bridge for Science and Innovation
The Austrian Marshall Plan Foundation celebrated its 25th anniversary at TUtheSky at the Vienna University of Technology. Under the motto “25 Years of Transatlantic Exchange,” the foundation brought together high-ranking representatives from politics, science, diplomacy, and numerous alumni to honor a quarter-century of successful transatlantic knowledge transfer between Austria and the United States.
November 13, 2025
Austria Sees Significant Increase in Naturalizations
Austria recorded a significant increase in naturalizations in the first three quarters of 2025. A total of 17,649 people were granted Austrian citizenship, representing an increase of 11.5 percent compared to the same period last year (15,824 naturalizations).
November 12, 2025
Austrian Banks with Capital Reserves Prove Resilient Despite Downturn
Despite Austria's longest, albeit not deepest, recession since World War II, domestic banks are in robust shape. Thanks to high profits in 2024, most of which were retained to strengthen the equity base, the Common Equity Tier 1 (CET1) ratio rose to an impressive 18.6 percent by mid-2025.
November 12, 2025
Meet Secretary General of AmCham, Karin Zeltner, the Bridge Builder for Transatlantic Relations
The American Chamber of Commerce in Austria (AmCham) has had a new Secretary General for some time now: Karin Zeltner. Born in Vienna in 1982, the expert is taking up her post at a time when transatlantic trade relations are not only of crucial importance to the Austrian economy, but are also significantly affected by the tariff dispute between the EU and the US.
November 11, 2025
Book Vienna 2025: Largest Exhibition Ever Focuses on Expansion, Internationality, and Debate
Buch Wien 25, from November 12 to 16, announces the largest edition in its history. Austria's largest book event is expanding to two exhibition halls at the Vienna Exhibition Center and extending its program to over 500 stage events with around 660 participants. The focus will be on a strong international orientation and in-depth debates on socially relevant topics such as AI, feminism, and religion.
November 11, 2025
Dimitre Dinev Wins Austrian Book Prize 2025 With “Time of the Brave”
The prestigious Austrian Book Prize 2025 goes to Bulgarian author Dimitré Dinev, who lives in Austria, for his monumental 1,150-page epic “Zeit der Mutigen” (Time of the Brave). The prize, worth €20,000, was awarded for the tenth time on Monday evening and marks the start of Buch Wien week at the Praterateliers in Vienna.
November 11, 2025
The Magnificent Villa Andrássy at Hohe Warte in Vienna is up for Sale for €18 Million
The Vienna real estate scene is currently being shaken up by a spectacular sales announcement: the magnificent Villa Andrássy in the exclusive Döbling cottage area, Hohe Warte, is up for sale. The asking price for the historic property, which is considered an architectural masterpiece, is €18.5 million.
November 10, 2025
Vienna Stock Exchange Launches CEE Thematic Indices on AI, Defense, and Ukraine's Reconstruction
The Vienna Stock Exchange (VSE) is reinforcing its role as a specialist for Central and Eastern Europe (CEE) and has expanded its index offering with three new, thematically focused benchmarks. The indices, which reflect the currently popular investment themes of digitalization, security, and reconstruction, are now being calculated. They offer investors the opportunity to invest specifically in companies in the CEE region that are expected to benefit from these long-term trends.
November 5, 2025
Austrian Foreign Minister in Egypt for Peace Diplomacy
The Egyptian capital was the setting for a unique event that linked the past and the future. While the grand opening of the Grand Egyptian Museum (GEM) in Giza celebrated the country's rich history, Cairo was also at the center of intense diplomatic efforts to achieve stability and peace in the Middle East.
November 5, 2025
French Ambassador Peyraud Strengthens Relations in Salzburg and Klagenfurt
Ambassador Matthieu Peyraud of the Republic of France to Austria made two important visits to the provinces of Salzburg and Carinthia in the fall of 2025 to further deepen political, economic, and cultural ties between France and Austria. The focus of the visits was on the region's economic potential and on opportunities to strengthen cooperation between Carinthia and Salzburg with France. These efforts by France and Austria to strengthen their bilateral relations were also initiated by a French Senate delegation's visit to Vienna, and France's interest in the “Vienna model” of social housing is also growing.
November 4, 2025
Austria's Intelligence Services: How HNaA and DSN Protect the Republic
Austria's intelligence services — led by the Army Intelligence Service (HNaA), the Directorate for State Protection and Intelligence (DSN), and the Defense Office (AbwA) — go about their work. On behalf of the Republic, they act as part of the state's early warning system in a complex information market.
November 4, 2025
Westbahn Continues Expansion with New Chinese Trains and High-Speed Trains for the South
Industrialist Hans Peter Haselsteiner's Westbahn railway is pushing ahead with massive expansion on its western and southern lines. While four new double-decker trains from Chinese manufacturer CRRC will increase service frequency on the line of the west, the southern line will be served by new high-speed trains from March 2026. The total investment underscores the growing competition in Austrian long-distance rail transport.
November 3, 2025
Luxury Hotel Mandarin Oriental Opened in Vienna
The Austrian capital has seen growth in the luxury hotel sector. The first hotel in Austria belonging to the renowned Mandarin Oriental hotel group recently opened in the inner city. Located at Riemergasse 7 near Wollzeile, the hotel invites guests and locals alike to explore Vienna's art and culture in a central location.
October 30, 2025
Bridge to Riyadh: 15th Arab-Austrian Economic Forum Highlights “Vision 2030”
The 15th Arab-Austrian Economic Forum, organized by the Austro-Arab Chamber of Commerce (AACC) and the Saudi Authority for Industrial Cities and Technology Zones (MODON), serves as a central platform for deepening economic relations between Austria and Saudi Arabia in light of Saudi Vision 2030.
October 30, 2025
Tenth Anniversary of the ICMPD Migration Conference Calls for a “New International System”
The 10th Vienna Migration Conference (VMC), organized by the International Centre for Migration Policy Development (ICMPD), took place on October 21 and 22, 2025, marking a decade of intensive dialogue on shaping international migration policy. Over 300 delegates from politics, the private sector, academia, think tanks, international organizations, and civil society gathered to discuss sustainable migration management, the recruitment of skilled workers, and the challenges of implementing EU reforms.
October 29, 2025
19th ESPI Autumn Conference at Vienna City Hall: “Europe as a Space Power”
The call for European autonomy and resilience in a rapidly changing global landscape dominated the 19th Autumn Conference of the European Space Policy Institute (ESPI). Under the ambitious motto “Europe as a Space Power – Direction and Priorities for Strategic Action,” European and international stakeholders gathered at the magnificent Vienna City Hall on October 28 and 29, 2025, to discuss concrete ways to strengthen Europe's position in space.
October 29, 2025
Park Hyatt Vienna: Spanish Deal Fails, “Super Deal” with New Bidders Ahead?
Negotiations regarding the sale of the five-star Park Hyatt am Hof hotel in Vienna have broken down for the time being. A deal with the Spanish company Medcap Real Estate, which was rumored in September, failed due to the reported purchase price of €330 to €335 million.
October 29, 2025
Immigration in Austria on the Rise: Vienna Has 40.9% Foreign-Born Residents, Skilled Worker Inflow Remains Slow
According to the latest brochure “Bundesländer” (Federal States) published by the Austrian Integration Fund (ÖIF), the number of people born abroad living in Austria has continued to rise. As of January 1, 2025, 22.7 percent of the total population, or 2.085 million people, were born abroad. In the previous year, this figure was 22.3 percent.
October 27, 2025
German President Steinmeier Opens New German Embassy in Vienna and Calls for “Reinventing Europe”
German President Frank-Walter Steinmeier concluded his three-day state visit to Austria. The focus of the visit was the official opening of the new German Embassy building in Vienna, accompanied by an urgent appeal to Europeans to reinvent the continent in the face of emerging geopolitical challenges.
October 26, 2025
High-Level Conference in Vienna Highlights the Strategic Realignment of the Caucasus and Central Asia
A high-level international conference entitled “Shifting Grounds: The Caucasus, Central Asia, and Europe in a New Global Order” was held at the Diplomatic Academy of Vienna, jointly organized by the Center for International Relations and Sustainable Development (CIRSD) and the Nizami Ganjavi International Center (NGIC). The conference focused on how profound geopolitical shifts are redefining the global balance of power and the strategic role of the Caucasus and Central Asia.
October 23, 2025
Former FPÖ Politician Jenewein Becomes Press Spokesman for the German AfD
The AfD faction in the Thuringian state parliament has made a prominent and controversial personnel decision. Former Austrian FPÖ National Council member Hans-Jörg Jenewein is taking over the position of press spokesman for the faction.
October 23, 2025
Democracy in Austria: Index Shows Significant Deterioration
According to the Democracy Index presented today, the state of Austrian democracy has deteriorated significantly. In particular, there are worrying developments in the areas of fundamental rights, civil society, and the media.
October 22, 2025
Novartis Opens Second Biotech Facility in Austria
The pharmaceutical company Novartis has commissioned its second state-of-the-art cell culture facility for the production of monoclonal antibodies in Kundl (Kufstein district). The opening of the facility, which has been invested in with a total of €500 million, along with its sister facility in Schaftenau (Kufstein district), which opened in June 2024, is seen as a strong signal for the Austrian life sciences sector. With this expansion, Novartis is creating around 100 new jobs in Kundl and strengthening its global production capacity.
October 21, 2025
Van der Bellen in the Baltic States: Strong Words for Europe's Security at the EU's External Border
The multi-day trip to the Baltic states by Austrian President Alexander Van der Bellen, together with Doris Schmidauer, began in Lithuania and highlighted the central role of European security and the strengthening of economic relations in the region.
October 20, 2025
Austria Pushes Ahead with Hydrogen Offensive: €275 Million for Four Key Projects
Austria is underpinning its ambition to become the “European hub for green hydrogen” with a massive investment: four key national projects are being funded with a total of €274.8 million. This was announced by the Ministry of Economic Affairs.
October 20, 2025
Austria's Diplomatic Offensive: Meinl-Reisinger Promotes UN Security Council Seat and New Partnerships Among Non-Aligned Countries
During her first trip to Africa following the adoption of Austria's new national Africa strategy, Foreign Minister Beate Meinl-Reisinger promoted a non-permanent seat on the UN Security Council in Kampala, Uganda. In addition to diplomacy, the talks at the summit meeting of the Non-Aligned Movement focused on harnessing Africa's enormous economic potential and strengthening cooperation in the fight against illegal migration.
October 16, 2025
Austria at the Center of a Global Surveillance Scandal Involving Celebrities, Politicians, and Red Bull Executives
An international investigation by the "Surveillance Secrets" consortium has uncovered the largest known data set in the global surveillance industry to date and shines a spotlight on the allegedly illegal activities of the Indonesian company First Wap. Over the years, thousands of people worldwide have been secretly tracked and monitored, including Austrian singer Wolfgang Ambros, Hollywood actor Jared Leto, and numerous employees of the Red Bull Group.
October 16, 2025
Vienna Conference Focuses on Preventing Human Trafficking in Times of Crisis
Under the motto “Resilient together: Preventing human trafficking in times of crisis,” this year's Vienna Conference Against Human Trafficking brought together representatives and international experts at the Diplomatic Academy of Vienna.
October 16, 2025
First Verdict in the Signa Complex Case: Two Years Imprisonment for René Benko
The founder of the insolvent real estate empire, René Benko (48), was sentenced to two years' imprisonment for fraudulent bankruptcy at the Innsbruck Regional Court. The time he has spent in custody since January will be counted towards his sentence. The verdict is not yet final.
October 16, 2025
Finance Minister Marterbauer optimistic: 2026 Budget Target of 4.2 Percent Deficit Remains in Place
Despite turbulence in local government, Austria is sticking to its budget target for 2026. At a press conference yesterday, Finance Minister Markus Marterbauer (SPÖ) expressed optimism that the overall government deficit would be 4.2 percent of gross domestic product (GDP), as agreed with the EU.
October 16, 2025
Putin Appoints Andrei Grosov as Russia's New Ambassador to Vienna
Russian President Vladimir Putin has appointed 64-year-old diplomat Andrei Grosov as the new ambassador of the Russian Federation to Austria. Grosov, a career diplomat who has worked in the foreign ministries of the Soviet Union and Russia since 1983, takes up the post in Vienna at a time when he is expected to navigate difficult relations.
October 16, 2025
Young Polish Talents Impress in Vienna with a Musical Bridge from Baroque to Pop
The Embassy of the Republic of Poland in Vienna hosted the third edition of the successful concert series “Young Polish Artists – From Baroque to Pop.” The event, which filled the hall, once again demonstrated the extraordinary musical talent and stylistic range of the young generation of Polish artists.
October 13, 2025
China's Ambassador Qi Mei Meets with Minister Hanke to Discuss Infrastructure and the Silk Road Initiative
Cooperation between China and Austria in important future-oriented areas was the focus of a meeting in Vienna between Minister Peter Hanke (SPÖ) and Chinese Ambassador H.E. Qi Mei.
October 12, 2025
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