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Newsletter: Vienna International News
Joint European Police Raids on Benko in Austria, Italy, and Germany
In one of the largest cross-border raids in recent years, an international team of investigators has taken action against the imprisoned former real estate mogul René Benko and his Signa empire. Officials from Austria, Germany, and Italy simultaneously searched dozens of properties - including the Tyrol department store in Innsbruck, the Signa headquarters in Vienna's Palais Ferstel, and several warehouses and foundation offices.
Reza Najafi Returned to Vienna as Iran's Permanent Representative
The Islamic Republic of Iran has sent a clear signal of continuity and diplomatic professionalism with Reza Najafi's return as its new Permanent Representative to the United Nations in Vienna. Not so long ago, His Excellency presented his credentials to Ghada Waly, Director-General of the United Nations Office at Vienna (UNOV), marking the second time he has assumed this key diplomatic post at a time when the future of the international nuclear agreement (JCPOA) is once again at a diplomatic crossroads.
Austria Plans Holocaust Museum: Government Launches Feasibility Study
The Austrian Federal Government unanimously approved a feasibility study for establishing a Holocaust Museum. This marks the start of a politically and socially significant process which - more than 80 years after the end of the Second World War - is intended to permanently anchor the memory of the systematic extermination of Jewish life by the Nazi regime in the center of the capital.
EU Commission Initiates Several Infringement Proceedings Against Austria
The European Commission has initiated a series of infringement proceedings against Austria. Brussels sees considerable omissions in several areas - from customs and labor law to environmental law. Particularly explosive is a complaint before the European Court of Justice (ECJ) due to a far-reaching dispute of competence in the Danube Commission, which is steeped in tradition. Austria is therefore facing a wide range of accusations under European law.
Austria Raises a Further 1.5 Billion Euros via Federal Bonds
The Republic of Austria has successfully placed federal bonds with a total value of 1.5 billion euros on the capital market. According to the Federal Financing Agency (OeBFA), demand for the securities was once again high - a sign of continued confidence in the Republic's creditworthiness.
OSCE Conference in Vienna: Joint Strategies for Climate Security and Resilience
Under the motto “Resilient Together in a Changing Climate”, over 140 representatives from the 57 OSCE participating States, partner countries, international organizations, and civil society gathered in Vienna. The event was organized as part of Finland's OSCE Chairmanship 2025 and was dedicated to strengthening resilience to the security challenges posed by climate change.
Erste Group Expands into Poland: Takeover of Santander Bank Polska worth Billions
The Austrian Erste Group Bank AG has announced a step towards expansion in Central and Eastern Europe. The bank is acquiring a 49 percent stake in Santander Bank Polska for around EUR 6.8 billion and a 50 percent stake in asset manager Santander TFI for a further EUR 200 million. This transaction made Erste Group the third-largest bank in Poland and expanded its customer base in the region to around 23 million people.
