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Christine Lagarde
ECB Cuts Key Interest Rate Again: Vienna Stock Exchange Reacts Cautiously
The European Central Bank (ECB) cut its key interest rate again, for the seventh time since June 2024. The deposit rate, a key reference value for banks and savers, was lowered by 0.25 percentage points to 2.25 percent. The measure had been expected, but its frequency and the tone of the ECB's communication make it clear that the situation is serious.
April 17, 2025
Citizens' Initiative Calls for an Austrian State Bitcoin Reserve
A new Citizens' initiative is causing a stir in Austria: A group of Bitcoin enthusiasts is calling for establishing a state Bitcoin reserve worth 2.3 billion euros. The initiators see this as a strategic hedge against inflation and an opportunity to achieve financial independence for the country. However, the project is not without controversy.
February 18, 2025
Inflation Sank in December to 10,2 Percent
The inflation rate continues to drop in Austria. After a reduction in November to 10,6 percent, inflation dropped even further in December to 10,2 percent. However, experts are slowing the enthusiasm down for the moment.
January 5, 2023
Joint Vienna Institute: Patrick Imam Succeeds Holger Flörkemeier
Patrick Imam joined the JVI - Joint Vienna Institute as Deputy Director. Having joined the International Monetary Fund (a party to the Agreement for the Establishment of the JVI) in 2005, he has held positions in the Middle East and Central Asia as well as the African Department (Zimbabwe and Madagascar), the IMF Institute and the Monetary and Capital Markets division. His predecessor Holger Flörkemeier was the JVI Deputy Director for the last four years. On the occasion of his departure, the JVI interviewed him and asked him to share his experience and views on the JVI.
September 28, 2021
What Is the Joint Vienna Institute and What Does It Do?
The Joint Vienna Institute (JVI) is a Vienna based International Organization which provides policy-oriented training primarily to public sector officials from countries in Central, Eastern and Southeastern Europe, the Caucasus and Central Asia, and other selected countries. It has been a hallmark of cooperation between the IMF and Austria for 29 years. Find out how the institute justifies its existence.
July 22, 2021
USA Visit by Federal Chancellor Kurz - Focus on Economic Relations
Chancellor Sebastian Kurz travels to the USA on an official working visit. During the trip, Kurz will meet US Secretary of State Mike Pompeo, National Security Advisor John Bolton, Ivanka Trump, and Trump's son-in-law Jared Kushner. The one-on-one meeting with Donald Trump in Washington will last only about 15 minutes.
February 19, 2019
IMF Puts Pressure on Austria
The IMF shows itself content with the Austrian post-crisis policies. But now, Austria has to reduce new indebtedness.
September 7, 2011
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