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Cyprus in Austria | Cypriots in Vienna | Bilateral Relations

Updated Directory of Foreign Ambassadors in Austria 2018

Below you will find the updated Vindobona list of foreign ambassadors and representatives of the bilateral and multilateral missions and representations in Vienna, Austria (including description of persons, pictures, CVs, etc.).

September 28, 2018 · Updated: September 28, 2018; 17:47

Meet the Ambassador of the Republic of Cyprus to Austria: H.E. Ms. Elena Rafti

The new Cypriot Ambassador to Austria Elena Rafti presented President Alexander Van der Bellen with her letter of accreditation at the Vienna Hofburg.

September 5, 2018

Austria Prepares for the Presidency of the Council of the European Union: ‘A Europe that protects’

On 1 July 2018 Austria takes over the EU Presidency for six months. The Austrian Presidency of the Council of the European Union will focus on three topics: the fight against illegal migration, digitalisation and stability in the neighbourhood.

June 5, 2018

The OSCE in 2030: Undivided Security in Europe Now More at Risk Than 10 Years Ago

In the Austrian National Defence Academy, the security issue "The OSCE in 2030: Undivided Security in Europe restored?" was discussed in the form of a public panel discussion. At the invitation of the International Institute for Peace (IIP), the Karl-Renner-Institut, the Scientific Cluster for Polemology and Legal Ethics, the FES Regional Office for Cooperation and Peace in Europe (ROCPE), the Austrian National Defence Academy and the ISP Institute for Security Policy, Hannes Swoboda as moderator and the panelists Thomas Greminger, Fyodor Lukyanov, Stephanie Liechtenstein, Alena Kupchyna discussed the hoped-for security policy development of Europe and the OSCE.

March 7, 2018

20 Years Comprehensive Nuclear-Test-Ban Treaty (CTBT): Ministerial Meeting at VIC

Marking the 20th anniversary of the signing of the Comprehensive Nuclear-Test-Ban Treaty (CTBT), a Ministerial Meeting was held at Vienna International Center. Hosting some 40 international organizations, Austria is a hub for the promotion of peace, safety and security, sustainable development and the fight against crime, drug abuse and terrorism.

June 20, 2016

Austrian Ministry of Foreign Affairs: Council of Ministers Places 27 New Diplomats at Head of Embassies

The Council of Ministers of the Austrian Ministry of Foreign Affairs has decided to place 27 new Austrian diplomats at head of Austrian Embassies worldwide.

December 10, 2015

How Can Exporters Benefit from the "Go-International Initiative" of the Austrian Chamber of Commerce?

Even in a challenging global economic environment, exports remain the driving force behind the Austrian economy. The go-international initiative of the Austrian Chamber of Commerce encourages companies to step across the border by offering advisory services, events and support, as well as making it easier for existing exporters to enter additional foreign markets.

October 19, 2015

Current State of Relations between NATO and Austria

NATO-Austria relations are conducted through the Partnership for Peace framework, which Austria joined in 1995. NATO and Austria actively cooperate in peace support operations, and have developed practical cooperation in a range of areas. NATO views Austria as an effective partner and contributor to international security, which shares key values such as the promotion of international security, democracy and human rights. Austria on the other hand selects areas of practical cooperation with NATO that match joint objectives.

October 16, 2015

Bilderberg 2015: Full List of All 133 Participants

The full list of all 133 attendees to the top secret Bilderberg Group conference 2015 has been released (see below). The Austrians participating are René Benko, Oscar Bronner, Heinz Fischer, Alfred Gusenbauer, Erich Hampel, Wolfgang Hesoun, Gerhard Roiss, Rudolf Scholten and Karl Sevelda.

June 12, 2015 · Updated: June 12, 2015; 17:45

The Bilderberg Group - Background and Criticism

The first Bilderberg conference dates back to May 1954, when it was held at the Hotel de Bilderberg in Oosterbeek, Netherlands. Partly because of its working methods to ensure strict privacy, the Bilderberg Group has been criticised for its lack of transparency and accountability.

June 11, 2015

Bilderberg 2015: The "World Government" Meets in Austria

A select group of global elite is gathering today at the Interalpen-Hotel Tyrol in Telfs-Buchen, Austria. The 63rd Bilderberg conference is a super secret annual conference where they can discuss politics, economics and foreign policy freely. A total of around 140 participants from 22 countries have confirmed their attendance at the Bilderberg conference 2015. As ever, a diverse group of political leaders and experts from industry and finance have been invited. This year the list includes nine Austrians. Key talking points on the agenda include the Ukrainian crisis, Greece, Middle East and Terrorism (see detailed list below). Security is tight - participants as well as protesters and journalists will have to deal with the Austrian anti terror squad "Cobra". After 1979 it's the second time that the conference takes place in Austria.

June 11, 2015 · Updated: June 11, 2015; 19:00

Analysis: Austrian Economy Falls Behind Eurozone Average

The latest "Attractiveness Survey" from consultancy Ernst & Young Global Limited shows, that espite strong fundamentals, Austria’s economy lost some ground on the Eurozone average in 2014, with growth of just 0.4% compared with 0.9% for the Eurozone as a whole. This comparative weakness will also continue in 2015, with Austria’s GDP growth estimated at 1.1%, against 1.5% in the Eurozone. This is despite a boost from lower energy prices, quantitative easing from the European Central Bank (ECB) and a weaker euro.

June 1, 2015

Analysis: The Eurovision Song Contest 2015 in Vienna

The Eurovision Song Contest 2015 has been the 60th edition of the annual Eurovision Song Contest musical event. The contest took place in Vienna and followed Conchita Wurst's victory in the 2014 edition with her song "Rise Like a Phoenix". The song "Heroes" by Måns Zelmerlöw took the winning spot in the 60th Eurovision Song Contest in Vienna with 365 points. The 2016 Eurovision Song Contest will therefore be held in Sweden.

May 16, 2015 · Updated: May 28, 2015; 08:00

Quality of Living Rankings: Vienna Tops the List Again

Vienna remaines at the top of the 2015 Quality of Living Rankings, boasting the best quality of living for expatriates. In the top 5 there are two other European cities, Zurich (place 2) and Munich (place 4). Also Auckland (3rd) and Vancouver (5th) are among the top five cities.

March 4, 2015

Global Peace Index: Austria is Third Most Peaceful Country

The latest Global Peace Index analyses the state of peace around the world. It identifies the most and least peaceful countries, trends in violence and conflict, and calculates the economic impact of violence. The top three most peaceful countries are Iceland, Denmark and Austria. Small and stable democracies make up the top ten most peaceful countries. New Zealand, Canada and Japan are the only non-European countries in the top ten.

March 4, 2015

List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria

The Vindobona table below is an updated list of National Days of all nations, which belong to at least one of following categories: Foreign Missions and Delegations in Vienna, Austria; Diplomatic Corps and other representations in Austria; International Organizations in Vienna and Permanent Missions; Missions and Delegations to the OSCE.

February 11, 2015 · Updated: February 7, 2018; 08:12

Austria is Celebrating 60 Years of United Nations Membership in 2015

Austria became a member of the United Nations in 1955 and is celebrating 60 years of UN membership in 2015. 70 years ago, the United Nations were founded in San Francisco.

February 5, 2015

Government Debt Increased to 82.6% of GDP in Austria and to 92.7% in Euro Area

At the end of the second quarter of 2014, the government debt to GDP ratio in the euro area (EA18) stood at 92.7%, compared with 91.9% at the end of the first quarter of 2014. Austria's government debt rose to 82.6 percent of GDP in Q2 2014 from 81.3 percent in Q1.

October 23, 2014

Cost of Living Rankings: CEE Capitals Cheaper, Vienna is 32nd Most Expensive City

The Mercer's 2014 Cost of Living Rankings have been published and cover 211 cities across five continents. While Western European cities have all risen in the rankings mainly due to the strengthening of the Euro against the US dollar, most cities in Central and Eastern Europe (CEE), however have fallen in the ranking as a result of local currencies depreciating against the US dollar. Bratislava (#84), Prague (#92), Kiev (#98), Ljubljana (#116), Zagreb (#120), Budapest (#135), Warsaw (#142), Belgrade (#184).

July 25, 2014

Austria: Spindelegger under Attack

Finance Minister Spindelegger is under attack by former head of Hypo Group’s task force, Liebscher.

February 24, 2014

Ukraine: Tough Market for Foreign Banks

The coming two years will be challenging for foreign banks operating in Ukraine.

February 11, 2014

Nowotny Sees Growth Potential in Eurozone and CEE

According to Ewald Nowotny, governor of the Austrian National Bank (OeNB), the outlooks for economic upturn in the Eurozone and Central/Eastern Europe have improved significantly compared to only a year ago.

January 14, 2014

Hypo Alleged of Having Hoarded Assets of Former Serbian Regime

A Serbian NGO suspects assets of former Serbian President Slobodan Milosevic at Hypo Group Alpe Adria. The Austrian bank strongly rejects this allegation.

December 6, 2013

Turkey: Green Light for EU Accession Talks

On Tuesday, the EU Commission intends to give green light to accession negotiations with Turkey starting at the beginning of November.

October 18, 2013

Eurogroup Grants Cyprus Further € 1.5bn

Payments will be made at the end of September

September 13, 2013

Cyprus: Waiting for the Next Bailout Tranche

Crisis-struck member of the Eurozone Cyprus will have to wait for the next payment out of the bailout-package. Before the next tranche will be transferred the small country has to implement key measures.

September 2, 2013

Cyprus: Bailout Should Have Come Sooner

Cyprus should have applied for an EU rescue package in 2011 to avoid the restrictive terms forced on investors to ensure support, its central bank governor said yesterday.

August 14, 2013

Slovenia: Stakes of at Least 80 Enterprises

The Slovenian state owns shares in at least 80 companies directly or indirectly.

August 8, 2013

Cyprus Is Showing Progress

According to estimates by its international creditors, Cyprus is showing progress at the reorganization of its state budget.

July 31, 2013

Slovenia Likely to Overcome Problems in Banking Sector

Slovenia’s problems in banking sector are controllable, according to experts.

July 31, 2013

47.5 Percent Compulsory Levy in Cyprus

Major investors are losing almost half of their assets.

July 30, 2013

Slovenia: Economy to Shrink Despite of Austerity Measures

Slovenian economy expected to contract 2.2 percent in 2013. Prior forecast: -1.9 percent.

July 26, 2013

Fekter: Eurozone More Stable Than A Year Ago

Austrian Finance Minister Maria Fekter has described the condition of the Eurozone as “better” than compared to a year ago.

July 9, 2013

Crisis in Slovenia Might Take Longer Than Expected

According to the latest economic report by auditing firm Ernst&Young;, the financial crisis in Slovenia will take longer than expected beforehand. However, the country should still be able to avoid international bailout.

July 1, 2013

Slovenia Likely To Require Bailout

According to Capital Economics Ltd. Slovenia will in all likelyhood ask for a bailout to bolster its ailing banking sector in case the debt crisis in Europe should worsen.

June 28, 2013

Cyprus Demands Further Capital Aid

In a letter to the European Union, President of Cyprus Nikos Anastasiades demands further capital support for the Bank of Cyprus, the “Wallstreet Journal” reports. According to him, Cyprus’ economy depended on it.

June 19, 2013

Turkey: Erdogan Demands Peaceful End Of Protests

After his return from Northern Africa, Turkish Prime Minister Recep Tayyip Erdogan has demanded an immediate stop of protests in his country. Many Russian investors are supposed to have drawn their assets from Turkey.

June 8, 2013

Fitch to Downgrade Cyprus Again

The rating agency sees high risks for aid programs.

June 4, 2013

Croatia: PM Anxious About Country’s Image

Prime Minister Zoran Milanovic announced that Croatia had to fight hard for its reputation within the European Union.

May 27, 2013

Slovenia to Raise VAT and Sell 15 State Enterpises

Slovenia has announced to put 15 state companies up for sale and raise VAT in order to acquire revenues and avoid international bailout.

May 10, 2013

Cyprus: Parliament to Vote on Bail-Out Package Today

Narrow majority of MPs expected to vote in favor.

April 30, 2013

„Slovenia Can Manage On Its Own“

In an interview with Austrian newspaper Kurier, President of the Slovenian Bankers Association France Arhar stresses that Slovenia is not the new Cyprus.

April 29, 2013

Austria: Green’s Motion of Censure Denied

The Green Party’s motion of censure against Finance Minister Fekter was denied by almost all parties in the National Assembly.

April 25, 2013

Austria: National Assembly to Vote on Bail-Out Package for Cyprus

In order for Cyprus‘ bail-out package to become effective, many national parliaments have to vote in favor of it. Austrian’s opposition is against it.

April 22, 2013

Cyprus: Increase of Taxes Resolved

The Cyprian parliament has voted for an increase of taxes. Among other things, business taxes will increase from 10 % to 12.5 %.

April 19, 2013

S&P: More Funds For KA Finanz

Austrian major banks are performing weakly. Risks increase in CESEE countries. S&P also warns of real estate bubble in Vienna.

April 18, 2013

RBI to Take Over Bank of Cyprus Affiliate?

The Bank of Cyprus has split up with the assets of its Romanian affiliate. Apart from RBI, Banca Transilvania is a potential buyer.

April 18, 2013

First EU Bail-Out Funds for Cyprus in Mid-May

The € 10bn worth bail-out package for Cyprus will become effective in the next few weeks, according to the Irish EU Presidency.

April 17, 2013

Rothensteiner: „Strictly Against Discussion“

Head of RZB (Raiffeisen Zentralbank) Walter Rothensteiner is everything else but happy about the current discussion about the bank secret and deposit guarantee.

April 17, 2013

Slovenia to Emerge From Quagmire By Itself?

A recent report by the OECD paints a dim picture of the country’s economic future.

April 17, 2013