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Newsletter: Vienna International News
EU Commissioner For Energy in Vienna
The Russian invasion of Ukraine shook global energy markets. The EU Energy Commissioner is in Vienna on Monday and Tuesday to discuss the EU's energy outreach in the context of Russia's military aggression against Ukraine.
Russian Aggression Against Ukraine Provides Opportunity Against Climate Change
The Russian Invasion of Ukraine has challenged many old structures globally. One of those structures is the energy infrastructure of Europe. The Russian Aggression has put Europe in an energy crisis. This crisis could give momentum to combat climate change.
Foreign Minister Schallenberg at the Council on Foreign Relations: "Clarify to Putin how reality looks like"
In the course of the Foreign Affairs Council, Austrian Foreign Minister Alexander Schallenberg praised the visit of Karl Nehammer to Moscow and expressed concerns about a coming intensification of violence in Ukraine. Also on the meeting's agenda was stabilization in the Western Balkans and the EU's Global Gateway Strategy. Read on if you want to learn more!
Due to the Ukraine War: Austrian National Bank Still Expects Huge Inflation in 2022
Shortages of raw materials and high energy prices, triggered by the Russian war of aggression in Ukraine, have led to an increased inflation rate of 5.6% in Austria. After the highest measured inflation rate in March 2022 since joining the monetary union, there is no easing now; this is not expected until 2023.
