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Subsidies for New Investments in Austrian Economy
The Austrian government has put in place an investment subsidy in order to support the Austrian economy during the Covid-19 crisis. Business investments will be subsidized with up to 14% of the eligible costs.
Relevance: 1.00 · August 17, 2020
Austrian Officials Open 13th IPU Summit of Women Speakers of Parliament
The 13th IPU Summit is held virtually and will cover important topics dealing with countless inequalities women face today. The organization of the event is a common effort between the Austrian Parliament and the United Nations.
Relevance: 1.00 · August 18, 2020
Austrian Chamber of Labour: EUR 315 Million Could Create 75,000 Jobs
According to an expert of the AK Austrian Chamber of Labour, 75,000 jobs can be created with the spending of EUR 315 million. This might be worth a thought in an economic challenging situation due to Covid-19.
Relevance: 1.00 · August 18, 2020
75th Anniversary of the Opening of the Liberation Monument at Schwarzenbergplatz: Austrian and CIS Officials Hold Ceremony
75 years after the unveiling of the Liberation Monument, Austrian President of the National Council Wolfgang Sobotka and Ambassadors of CIS (Commonwealth of Independent States) countries commemorated once again the Soviet soldiers killed during World War II.
Relevance: 1.00 · August 19, 2020
Austrian Government Provides Humanitarian Assistance for Lebanon
Austria provides supplies and financial aid for severely impacted Lebanon after explosion disaster at the beginning of August. In total, about EUR 2 million are provided.
Relevance: 1.00 · August 19, 2020
Austrian Assistance to Palestinian Refugees with EUR 8.1 Million
Over the period 2020 to 2022, Austria will pay a total of EUR 8.1 million to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA).
Relevance: 1.00 · August 19, 2020
Austrian Universities Should Use Traffic Light System as Orientation
Minister Faßmann presented a COVID-19 orientated traffic light system for universities to provide them with recommendations on how to react on rising Coronavirus cases. It is comparable to the system which will be implemented in schools.
Relevance: 1.00 · August 20, 2020
Newest Report from Austrian Retail Association - Handelsverband: Top 100 Retailers Account for 55% of Austrian Consumer Spending
In the newly published report from the Austrian Retail Association - Handelsverband Rewe the top 100 retailers are responsible for more than half of Austrian consumer spending. Rewe sits on top of the list with a turnover of EUR 6.69 billion.
Relevance: 1.00 · August 20, 2020
Austria Expels Russian Diplomat, Russia Reacts and Expels Austrian Diplomat
After the Austrian Foreign Ministry had declared a Russian diplomat an undesirable person in connection with accusations of espionage, Russia has now reacted by deporting an Austrian diplomat.
Relevance: 1.00 · August 24, 2020
Austrian Strabag Expands Rail Network in Eastern Germany
Austrian technology company Strabag will be significantly influencing the rail road system in eastern Germany because of a deal that has them extending rail lines in Berlin and between Leipzig and Dresden.
Relevance: 1.00 · August 25, 2020
Despite Covid-19 Crisis: Austrian Automotive Supplier Pollmann International Builds Plant in Mexico
Austrian company Pollmann International expands to Mexico where it will build a plant in order to better supply the Central and South American market.
Relevance: 1.00 · August 25, 2020
Austrian Real Estate Companies with Devaluations in Central and Eastern Europe
Austrian real estate companies CA Immo and s-Immo felt the pressure of the Covid-19 crisis and had to face significant revaluations of their properties in Austria, Germany and Central Eastern Europe.
Relevance: 1.00 · August 25, 2020
Austrian Foreign Ministry Endows Special Prize for International Art
Austrian Foreign Minister Alexander Schallenberg announces a new prize for international artistic projects that deal with the impact of technology and digitalization on society.
Relevance: 1.00 · August 27, 2020
Austrian Construction Company Porr Reports Losses in the Second Quarter of 2020
The second largest construction company in Austria, Porr, recorded losses in the first half of the year 2020. The obvious reason: Covid-19 and the subsequent shutdowns and restrictions.
Relevance: 1.00 · August 27, 2020
Descendants of Nazi Victims Have the Right to Austrian Citizenship
From September on, it is easier for descendants of Nazi victims to apply for the Austrian citizenship. This was announced by Interior Minister Nehammer in order to "take historical responsibility for the crimes of the Nazi regime".
Relevance: 1.00 · September 1, 2020
Austrian Technology Company Kapsch Will Cut Around 400 Jobs
Vienna-based company Kapsch is likely to cut about 400 jobs globally in the near future. The company has commenced a transformation program that will allow it to be successful in the future.
Relevance: 1.00 · September 3, 2020
Austrian "Hate in the Net" Draft Law Takes Online Platform in Responsibility
The draft law against "Hate in the Net" obliges online platforms to introduce an effective reporting procedure and to delete unlawful content immediately. The third major point is the issue of a contact person including an address.
Relevance: 1.00 · September 3, 2020
Massive Drop in the Austrian Service Sector Turnover in 2nd Quarter of 2020
The service sector experienced a major decrease in turnover by 27.9% less than in the same timeframe of the previous year. The sectors "accommodation and gastronomy" and "other economic services" like travel agencies declined at the most.
Relevance: 1.00 · September 3, 2020
Berlin Will Welcome Delegation of the Austrian National Council
The German capital will be host to a meeting between several German politicians and a delegation from the Austrian National Council. The main topics comprise measures to cope with the Covid-19 crisis and EU issues.
Relevance: 1.00 · September 4, 2020
European Commission Approves Further EUR 4 Billion for Austrian Companies
Further EUR 4 billion intended to help Austrian companies sustain the Covid-19 crisis were approved by the European Commission. Grants and guarantees of up to EUR 800,000 per company can be given out in cases of hardship and danger of bankruptcy.
Relevance: 1.00 · September 22, 2020
Austrian Armed Forces Will Control Embassies
The Austrian Armed Forces will once again assist the Vienna State Police with the protection and surveillance of embassies. This will allow the executive forces to intensify their operations against Covid-19, while the Armed Forces will take over embassy protection.
Relevance: 1.00 · September 23, 2020
Ambassadors Traina and Turner at Austrian Media Days
US Ambassador Traina and British Ambassador Turner took part in a discussion about the world after corona at the Austrian News Days. Both recognized the rise of social media and its significant role in today's world.
Relevance: 1.00 · September 24, 2020
Austrian Economy Slumped by 12.1% in Q2 2020
The newly published report by Statistics Austria shows a massive economic slump in the second quarter of 2020. Austria's GDP declined by more than 12 percent compared to the second quarter of 2019 while expectations for the last two quarters of the year are not much better.
Relevance: 1.00 · September 28, 2020
Swedish Minister for EU Affairs Met Austrian Counterpart
The Swedish and Austrian Minister for EU Affairs have come together to discuss current EU topics which included migration policy, the joint fight against Covid-19 and recent developments between Great Britain and the EU regarding Brexit.
Relevance: 1.00 · October 7, 2020
EU Prize for Young Journalists Goes to Austrian
The European Commission celebrates two budding journalists from Austria and Portugal with the Megalizzi-Niedzielski Award 2020. Their commitment to quality journalism and to the values of the EU is highly appreciated by EU Commissioner Ferreira.
Relevance: 1.00 · October 13, 2020
Coronavirus: Austrian Foreign Minister Schallenberg Tested Positive
Austria's Foreign Minister Alexander Schallenberg has tested positive for the coronavirus. As he attended the Council of EU Foreign Ministers in Luxembourg on Monday, there is a suspicion that he was infected there. In the meantime it has also become known via Twitter that one of his contacts, the Belgian Foreign Minister Sophie Wilmes, has also tested positive.
Relevance: 1.00 · October 17, 2020
Austrian National Bank: Exports Increase Again
Exports, excluding tourism, were above the comparable figures from 2019 for the first time in Austria since the outbreak of the Covid-19 crisis. The Austrian National Bank is confident that a second wave can be contained and that no further monetary or fiscal policy measures are needed.
Relevance: 1.00 · October 21, 2020
Austrian Post Invests More Than EUR 100 Million in Turkish Subsidiary
Despite the critical tensions between the European Union and Turkey, the Austrian Post will be investing more than EUR 100 million in a Turkish subsidiary in the next five years. CEO Pölzl is confident that the separation of politics and the business aspect will be also possible in the future.
Relevance: 1.00 · October 23, 2020
First Descendants of Nazi Victims Apply for Austrian Citizenship
After the passing of an amendment that allows descendants of victims of National Socialism to obtain the Austrian Citizenship, the first applications have been received and welcomed by the Austrian Embassy in Washington, DC.
Relevance: 1.00 · October 27, 2020
European Economic and Social Committee: Austrian Christa Schweng is New Head
The Austrian politician Christ Schweng is the new head of the European Economic and Social Committee (EESC). She is only the fifth woman to head the EU institution and will be in this position for the two and a half years. Her main goals for this period include to "make a decisive contribution to Europe's recovery and future resilience" with regard to the current crisis.
Relevance: 1.00 · October 28, 2020
Austrian Railways To Suspend Night Trains Between Germany and Austria
After a rise in Covid-19 cases in Germany, the Austrian Railways (ÖBB) have announced the suspension of nightly train traffic between Germany and Austria for one month starting November 8, 2020. As of today, other daytime services will not be affected and will operate as usual.
Relevance: 1.00 · October 28, 2020
Times Higher Education Ranking: 10 Austrian Universities Among Top 300
Ten Austrian universities have made it into the Top 300 of the Times Higher Education Subject Ranking 2021. Federal Minister of Education and Science, Heinz Faßmann, is particularly impressed by the 34th place of the Arts & Humanities Department of the University of Vienna.
Relevance: 1.00 · October 29, 2020
Charitable Actions of Austrian Embassies All Over the World
Austrian Embassies all over the world made an effort to celebrate the national holiday accordingly by supporting local charities and people who need it most. From Tel Aviv to Buenos Aires and from Washington to Zagreb, many embassies organized different types of aid projects for locals.
Relevance: 1.00 · October 30, 2020
Austrian Corona Measures Explained in 17 Languages
Integration Minister: "We must ensure that all people living in Austria are aware of the new regulations".
Relevance: 1.00 · November 2, 2020
Austrian Economic Mission to Dubai, Abu Dhabi and Bahrain
The Austrian Federal Economic Chamber is organizing an open-industry economic mission to the United Arab Emirates and Bahrain. The program includes networking with local business leaders and multipliers, preparations for the postponed Expo 2020 in 2021 and the opening of new business opportunities.
Relevance: 1.00 · November 10, 2020
Danger of Terrorism: Slovakian Warned Austrian Authorities
According to an Austrian Broadcasting Corporation (ORF) report, the assassin from Vienna, Kurtin S., had tried to buy ammunition in Slovakia in the summer.
Relevance: 1.00 · November 4, 2020
EU Budget: Austrian Commissioner Hahn Welcomes New Agreement
For the first time ever, the disbursement of funds from the next EU budget will be directly connected to the rule of law of each member state. This was negotiated by representatives of the European Parliament and the Council; among them is Austria's EU Budget Commissioner Johannes Hahn.
Relevance: 1.00 · November 5, 2020
EU Increases Funding for Austrian-Lead Covid-19 Research Projects
Through the Horizon 2020 research program, the EU has increased its funding for 23 Covid-19 related research projects. Two of the funded projects are lead by Austrian companies and four more rely on important Austrian partners to further their research efforts.
Relevance: 1.00 · November 6, 2020
French Secretary of State for Europe Beaune Meets Austrian Counterpart
Clément Beaune, the French Secretary of State for Europe, visited Minister for European Affairs Edtstadler to discuss closer cooperations in the fight against terrorism. Both politicians agreed on intensifying developments against radical Islam and other forms of terrorism, also on an European level.
Relevance: 1.00 · November 10, 2020
Austrian School Receives VET Innovators Award
The Higher College for Engineering Wolfsberg (HTL Wolfsberg) wins the prize as "entrepreneurial school" in the category VET Innovators Awards during the European Week of Vocational Training. The school has impressed with its sustainable business collaborations and its successes in innovation competitions.
Relevance: 1.00 · November 13, 2020
#RedWednesday: Austrian Parliament Participates For First Time
The campaign #RedWednesday which is organized by the relief organization "Aid to the Church in Need" will be supported by the Austrian Parliament for the first time. The campaign is supported by many countries and raises awareness for persecuted and threatened Christians all around the world.
Relevance: 1.00 · November 18, 2020
Austrian Government Plans Deficit of EUR 22.6 Billion
Due to the ongoing Covid-19 pandemic and the resulting economic crisis, the Austrian government has agreed on a budget that plans with a deficit of EUR 22.6 billion for next year. Estimated lower revenues due to the weak economy on the one side face higher expenditures because of the subsidies for various businesses on the other.
Relevance: 1.00 · November 20, 2020
First Austrian Swedish Innovation Exchange Day
The Austrian and Swedish government have decided to hold their first ever Austrian Swedish Innovation Exchange Day, which will try to kick-off a lasting bilateral relationship with regard to innovation, business and industry. The event will be attended by Austrian and Swedish politicians as well as representatives of the economic sector.
Relevance: 1.00 · November 23, 2020
European Commission Approves Austrian Aid for Railroad Companies
The European Commission has granted Austria its planned subsidies for railroad companies to promote the shift from road transportation to rail road usage. Austria will increase its public aid to, on the one hand, relieve railroad companies of some financial burdens of the last months and to, on the other hand, continue the promotion of railroad rather than road transportation.
Relevance: 1.00 · November 26, 2020
Red Ribbon at Austrian Parliament Draws Attention to World AIDS Day
In order to draw attention to World AIDS Day on December 1, the Austrian Parliament has installed a Red Ribbon on Vienna's Hofburg. National Council President Sobotka points out the recent research, treatment and therapy successes and demands tolerance for and the inclusion of people infected with HIV.
Relevance: 1.00 · December 1, 2020
European Space Agency Appoints Austrian Director General
The European Space Agency (ESA) has appointed an Austrian as its Director General. Dr. Josef Aschbacher will be taking over the position as the head of the ESA in July 2021 and will serve for four years. The Austrian has worked for the ESA several decades already and will now enter the "cockpit" of the Agency.
Relevance: 1.00 · December 17, 2020
Member of Expelled Ephrussi Family Receives Austrian Citizenship
Since September 1, 2020, about 950 persons from all over the world have obtained Austrian citizenship through a new regulative that allows descendants of victims of the Nazi regime to regain Austrian citizenship. Victor de Waal, a member of the famous and widespread Ephrussi family has now been informed by Vienna's Mayor Michael Ludwig about his successful application.
Relevance: 1.00 · January 8, 2021
WKO: Vaccination in Austrian Businesses Possible
Austria's companies could be used as part of the vaccination strategy. This is what many major companies and Austria's Federal Chamber of Commerce suggest. The readily available infrastructure could provide testing and vaccination facilities for up to 500,000 employees in the various industries.
Relevance: 1.00 · January 12, 2021
European Battery Initiative Launches With Austrian Participation
The European Commission has approved a EUR 11.9 billion large-scale battery project. Austria will play a decisive role in this initiative having involved six companies. The aim of the project is to create a competitive, innovative and sustainable value chain for batteries and thus working towards achieving the European Green Deal.
Relevance: 1.00 · January 28, 2021
Technology Oscar for Austrian Software
This year's "Oscar" awards have already an Austrian winner. Christoph Sprenger, a software developer who works in New Zealand, has written code which simulates realistic hair, fire and collapsing buildings. Together with two colleagues, the Salzburg native will receive the "Technical Achievement Award".
Relevance: 1.00 · February 4, 2021
