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Newsletter: Vienna International News
After 25 Years Mercosur Agreement Reached: Austria Torn Between Export Euphoria and Farmers' Fears
After a quarter of a century of negotiations, the European Union has paved the way for the world's largest free trade agreement. While Austrian industry is calling it a “historic milestone,” the agricultural sector is bitterly disappointed.
Change of Leadership in Vienna: Susanne Raab Officially Takes Over as Head of the ICMPD
The turn of the year 2026 marks the beginning of a new era at the International Centre for Migration Policy Development (ICMPD). Former Austrian Federal Minister Susanne Raab officially took office as Director General on January 1. As the first woman to head the organization, she is setting clear priorities for migration policy for the next five years.
OPEC+: Alliance of Eight Countries Slows Oil Production Until Spring 2026
In a time of global economic uncertainty and heightened geopolitical tensions, OPEC+ remains a dominant force in the worldwide oil industry. At a virtual meeting, the eight leading member states decided to suspend the planned production increases for the coming months for the time being.
Between Fiscal Discipline and a Wave of Bankruptcies in Austria: Finance Minister Marterbauer Slows Down Ahead of Government Retreat
Before the start of the government retreat, Finance Minister Markus Marterbauer (SPÖ) drew a clear red line. Despite a historic record year for corporate insolvencies, he warns against “expensive wishes” from the business community. While the industry is insisting on relief, the Ministry of Finance is focusing on targeted structural support rather than broad tax cuts.
