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Czech Republic
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Positive Dynamics in the Enlargement of the Western Balkans
The future Presidency of the Council of the Czech Republic recently led Austria's Minister for Europe Edtstadler to the Czech Minister for EU Affairs Mikuláš Bek to discuss this very topic with him. The two partners discussed the impact of the Ukraine conflict and what measures the Czech Republic would be confronted with in the near future.
Yesterday
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Czech Republic Replaces Russia In UN Human Rights Council
Following Russia's departure from the United Nations Human Rights Council, the Czech Republic has been elected to the body by the UN General Assembly.
May 10, 2022
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UN Deputy High Commissioner for Refugees Urged the Security Council to Stop the War in Ukraine
The UN Deputy High Commissioner for Refugees Kelly T. Clements called on the United Nations Security Council to put aside its differences and find a solution to end the war in Ukraine. There have already been 5 million people who have fled Ukraine, and there are another 7 million internally displaced.
April 21, 2022
Refugee Crisis in Poland: European Parliament Presidents Visit Refugee Reception Center in Poland
Poland receives nine European Parliament Presidents, among them also Austria's Federal Council President Christine Schwarz-Fuchs. Together they visited the Polish-Ukrainian border crossing in Dorohusk and the refugee reception center Lwowska as well as the Humanitarian Aid Centre Ptak near Warsaw.
April 21, 2022
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Meeting of the C5 in Prague - Central European Countries Discuss Czech Republic's Upcoming Council Presidency
At a meeting of the C5 in Prague, representatives of the Czech Republic, Slovakia, Slovenia, Hungary and Austria discussed the consequences for Europe of Russia's war of aggression in Ukraine and discussed the upcoming Czech presidency.
April 13, 2022
ICPDR: Contracting Parties Renew Commitment to Protect the Danube
The contracting parties to the International Commission for the Protection of the Danube River (ICPDR) reaffirmed their commitment to protecting the Danube River Basin at a Ministerial Meeting in Vienna. Read about the Management Plans adopted by the Commission and what this means for the Danube.
February 10, 2022
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After Pandemic Shock, Strong Upturn in Foreign Trade: China +26.4 %, USA +18 %
New data for January to September 2021 shows that Austria's foreign trade is returning to pre-pandemic levels. Read about Austria's improving trade figures.
December 10, 2021
Czech Republic Supports IWM Think Tank with 175,000 Euros
The Czech Republic has agreed to provide 175,000 euros in support for research at the Institute for Human Sciences (IWM) from 2021 to 2023. Learn more about the new agreement and the IWM.
November 9, 2021
Vienna Hosts "Central 5" Foreign Ministers
The foreign ministers of Slovenia, Slovakia, Hungary, the Czech Republic, and Austria, which make up the informal "Central 5" (C5) forum, recently met at the Albertina in Vienna. Read about the meeting, what Austrian Foreign Minister Michael Linhart said, and watch the full joint press conference.
October 26, 2021
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The Central 5 (C5) Discusses COVID-19 in Czech Republic
Slovak Foreign Minister Ivan Korčok, Slovenian Foreign Minister Anže Logar, Czech Foreign Minister Jakub Kulhánek, and Hungarian Foreign Minister Péter Szijjártó, met with Austrian Foreign Minister Alexander Schallenberg as part of the “Central 5” (C5) country group. Here they discussed the COVID-19 pandemic, EU enlargement, and more.
July 23, 2021
Covid-19 in Austria: These Are the Updated Entry Rules
Due to today's amendment of the Austrian "COVID-19 Entry Regulation 2021", we bring you an update on the regulations for entering Austria.
July 20, 2021
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Austrian-Based EU Strategy for the Danube Region Celebrates Anniversary
The EU Strategy for the Danube Region celebrates its 10th anniversary by highlighting its importance and contribution to Europe. 14 countries with a population of around 115 million people make up one of the strongest economic forces on the European continent.
June 29, 2021
Weekly Briefing: Return to Normality in July
The Austrian government has announced the reduction of restrictions as of July 1. Three weeks later, some more relaxations could be implemented. Are the coming weeks the last ones of the pandemic? Find out more about this week's developments.
June 17, 2021
Prague and Vienna Enter Into Cooperation Agreement
The Czech and Austrian capitals have agreed on a cooperation agreement that will cover information exchange in the fields of digitalization, sustainable development, and transport management. Read more about the agreement below.
June 17, 2021
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Zeman and Van der Bellen Urge Better Relations with Russia
At a bilateral meeting in Vienna, Czech President Miloš Zeman and his Austrian counterpart Alexander Van der Bellen have agreed on the necessity to include Russia in Europe and demand negotiations with the Kreml. Read more below.
June 11, 2021
Austria, Czech Republic and Slovenia Want EU Accession of North Macedonia and Albania
During their visits to North Macedonia and Albania, the Czech, Slovenian and Austrian Foreign Ministers once again spoke out in favor of a rapid EU accession process for the two Wester Balkan states.
May 25, 2021
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Berlin - Prague - Vienna: Plan of 4 Hour Rail Connection
Berlin to Prague to Vienna in four hours? A travel time that is now only possible via plane will become reality via a rail connection. A memorandum to this effect was signed by Germany, the Czech Republic and Austria.
May 19, 2021
Austrian Railways Relaunch International Connections
It is now once again possible to travel to European metropolises with the Austrian Railways (ÖBB). With the opening steps in the various areas of public life in Austria on May 19, the ÖBB has also revealed some changes to its schedules.
May 17, 2021
Weekly Briefing: Bilateral Agreements Could Replace EU-wide Green Passport
In a number of bilateral talks, Austria has emphasized the need for an EU-wide travel solution for the summer. In case Brussels is not picking up pace, bilateral agreements with European countries could replace the European "Green Passport". Find out more about this week's developments.
May 14, 2021
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Schallenberg and Central 5: "Restore Cross-Border Travel as soon as Possible"
At the Central 5 meeting in Bratislava, with the Foreign Minister of Ukraine as a special guest, the Slovak, Czech, Slovenian, Hungarian and Austrian head of diplomacies discussed foreign relation issues, in particular cooperation in the progress for the European "Green Passport".
May 14, 2021
Czech Republic and Austria Ready for Bilateral "Green Passport"
The newly appointed Czech Foreign Minister Jakub Kulhánek and his Austrian counterpart Alexander Schallenberg met in Prague. Both politicians agreed on the need of a timely solution for inner-European travel and took the first steps towards a bilateral "Green Passport".
May 7, 2021
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Schallenberg, Kulhánek and Korčok Condemn Violence Against Journalists
The three Foreign Ministers from Austria, the Czech Republic and Slovakia have issued a joint statement emphasizing the importance of free journalism. The commentary was published in newspapers from the respective countries, a summary of the statement can be read below.
May 4, 2021
Austria Implements Funding for Ethnic Group Media
After the increase of funding for ethnic groups in Austria in general about half a year ago, Susanne Raab, the Minister of the Chancellery responsible for ethnic group affairs, has now announced a separate budget for ethnic group media, which can be applied for in the near future.
April 20, 2021
New Train Connection Between Prague and Vienna
The former, so-called "Vindobona" train connection between Vienna and Prague could be soon reinstated again. Talks between Austrian and Czech politicians have been positive for a connection between the two countries' capital cities, which would especially benefit Austrians from the Waldviertel, a region in the northwest of Lower Austria.
April 7, 2021
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Prime Ministers from Bulgaria, the Czech Republic, Slovenia, Latvia and Croatia Meet Kurz
In order to discuss the EU vaccine distribution, the Prime Ministers from Bulgaria, the Czech Republic, Slovenia, Latvia, Croatia met Austria's Chancellor Sebastian Kurz. The country representatives demand a correction mechanism, which would erase differences in the vaccination progress between member countries.
March 17, 2021
Czech, Slovakian, Portuguese, and Austrian Foreign Minister Demand EU Accession of Western Balkans
In a meeting of the Slavkov Trio, namely Foreign Minister from Slovakia, the Czech Republic and Austria, and the Portuguese Foreign Minister, EU accession of the Western Balkans were discussed. Additionally, Portugal is currently heading the EU Council and the Portuguese Foreign Minister was therefore able to inform the three others about current issues.
March 10, 2021
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Vondráček, Kollár and Sobotka Discuss Covid-19 Measures
The head of parliaments from the Czech Republic, Slovakia and Austria met virtually to discuss the current Covid-19 situations in the respective countries. Vondráček, Kollár and Sobotka agreed on good communication between the countries regarding border controls, but also talked about the EU accession process of the Western Balkan states.
February 22, 2021
Austria Introduces Border Controls with Czech Republic and Slovakia
Due to high numbers of Covid-19 infection rates in both the Czech Republic and Slovakia, Austria's Ministry of Interior has introduced more strict border controls with both countries as of January 9, 2020. Small border crossings will be closed and at all others, every vehicle will be checked when entering Austria.
January 8, 2021
Czech President of the Parliament Met Sobotka
The Czech and Austrian Presidents of the Parliaments, Vondráček and Sobotka, met virtually to discuss the experiences of the pandemic and EU topics, such as the accession talks with North Macedonia and Albania, the EU's financial framework and the EU budget negotiations.
December 1, 2020 · Updated: December 21, 2020; 10:55
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Virtual Meeting Between Czech Republic, Slovakia and Austria
The Czech and Slovak Foreign Ministers met with Austria's European Affiars Minister to discuss cooperation during the Covid-19 pandemic and the joint fight against terrorism. Other topics on the agenda were the EU's migration policy, the current budget negotiations and the conference on the future of Europe.
November 16, 2020
Beligum Is Now Warning of Travel to All of Austria
The Belgian Foreign Ministry now warns of travel to all nine federal states of Austria. Carinthia and Styria complete the list of the federal states that are depicted in red, which is the highest Covid-19 warning level. Travellers from these areas need to self-quarantine for at least ten days.
October 29, 2020
Slovak-3 Summit with Matovič, Babiš, and Kurz
The Slovak-3 Summit with the highest officials from Slovakia, the Czech Republic, and Austria took place in Vienna. The topics comprised cooperation in the fight against the pandemic and the overall relations between the three neighboring countries.
September 10, 2020
National Council President Sobotka Met Slovak and Czech Counterparts, Kollár and Vondráček
Austria's National Council President Wolfgang Sobotka invited his Slovak and Czech counterparts, Boris Kollár and Radek Vondráček, to discuss the cooperation between the three neighboring countries and other political issues.
August 31, 2020
Austria: No more Border Controls with Neighbouring Countries except Italy
Restrictions on freedom of travel due to the Corona pandemic will be discontinued. The only country for which restrictions remain in place for the time being is Italy. A further evaluation is planned next week.
June 3, 2020
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Easier Access to Austria for Commuters from Abroad
"Ongoing consultations with Austria's neighbouring countries are making life easier for commuters from abroad", says European Affairs Minister Karoline Edtstadler.
April 14, 2020
Czech-Austrian Economic Relations: President of the Czech Republic Miloš Zeman Visits Vienna
During the visit of the President of the Czech Republic, Miloš Zeman, bilateral economic relations were the focus of talks with Federal President Van der Bellen as well as at the Austrian-Czech Economic Forum in the Austrian Chamber of Commerce.
April 6, 2019
Danube Region Business Forum - Infrastructure and Its Implications on Business in CEE and SEE
The Danube Region is one of the traditionally important markets for Central European regions and companies. However, the infrastructure of this region does not yet meet the requirements of the economy. The 8th Danube Region Business Forum will take place on 9 October 2018 at the Austrian Federal Economic Chamber in Vienna. The aim of the forum is to ensure that the infrastructural quality and cooperations in the region meet the requirements of the economy.
October 3, 2018
Meet the Ambassador of the Czech Republic to Austria: H.E. Ms. Ivana Cervenková
The new Ambassador of the Czech Republic to Austria H.E. Dr. Ivana Cervenková presented President Alexander Van der Bellen with her letter of accreditation at the Vienna Hofburg.
April 16, 2018 · Updated: September 18, 2018; 12:10
US Embassy Opening in Jerusalem: Palestinian Ambassador to Austria Called Back to Palestine in Protest
The Austrian Ambassador to Israel, Martin Weiss, was one of only four EU Ambassadors (Hungary, Czech Republic, Romania) who participated in the celebrations surrounding the US embassy relocation to Jerusalem. The Palestinian leadership pointed out some time ago that not only the act but also the timing is a violation of international law and relevant UN resolutions, as well as arrogant disrespect. Therefore, the Palestinian Ambassador to Austria, Salah Abdel Shafi, has been called back to Palestine for an indefinite period of time.
May 16, 2018
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RBI Doubles Net Profit, Pays Dividends Again and Returns to Growth Course
RBI - Raiffeisen Bank International has doubled its profit in 2017 and rewards shareholders. They have not received any dividends since 2013. The bank had to pursue a sharp austerity course, reduce international business volumes, close branches in Eastern Europe and stop dividend payments. Russia remains the most important source of income.
March 15, 2018
Closing of Visa Takeover Brings EUR 97 Million Pre-Tax Profit to RBI
The expected pretax profit from the cash payment of the transaction will be EUR 97 million. It should be booked under net income from financial investments in the second quarter of 2016. Visa Inc. had announced the takeover of Visa Europe Ltd. in November of 2015. The cash payment of this one-off effect will be split between Slovakia, Romania, Czech Republic, Poland, the RBI head office, Croatia, Bulgaria, Hungary and Zuno.
June 21, 2016
Long-Distance Coach Operator Flixbus to Compete with ÖBB Austrian Railways
Austrian state-run rail company ÖBB Austrian Railways is facing increasing competition of German mobility provider Flixbus which has just launched its third connection for Austria's regional capital cities, between Graz and Salzburg. In January 2016 FlixBus announced its entry to the markets of Central and Eastern Europe with the new branch FlixBus CEE. This includes six countries (Czech Republic, Slovakia, Hungary, Poland, Slovenia and Croatia) with new lines in the making. () am
April 27, 2016
RBI Not to Sell Zuno Bank to ABH Holdings
The sale of Raiffeisen Bank International’s (RBI) direct bank Zuno to the Alfa Banking Group will not be concluded because ABH Holdings withdrew from the contract of sale.
March 1, 2016
Central and Eastern Europe's Financial Elite Gathered at the CEE Forum in Vienna
The 21st Euromoney Central and Eastern European Forum ended in Vienna today, where 1000 delegates from the region joined local and international investors to help plan, debate and analyze the economic agenda for the region for the year ahead. The vast majority of the delegates have a negative outlook for the year 2016. Only one of the participants expects that this year CEE will grow more than 3.5%.
January 20, 2016
US Company Contour Moves European Headquarters from Paris to Vienna
The Vienna-based European headquarters will be the strategic centre for all thermal and renewable energy facilities in Austria, Italy, Czech Republic, Romania, Poland, Slovakia, Bulgaria, Armenia, Spain, Northern Ireland and Ukraine.
December 11, 2015
CEE in the Autumn of 2015 is the New Safe Haven
The key conclusion of UniCredit’s CEE Quarterly 4Q 2015 is that the CEE region, despite its heterogeneity, looks better positioned than most other large emerging markets to cope with potential challenges. In particular they found that market volatility spiked in 3Q15, with the uncertainty surrounding the anticipated Fed rate hike augmented by growing worries about a “hard landing” in China.
September 25, 2015
Euromoney Names UniCredit-Bank Best Bank in CEE
Euromoney has presented UniCredit with nine awards for excellence, including Best Bank in Central Eastern Europe, Best Debt House in Central Eastern Europe and Best Transaction Services House in Central Eastern Europe.
July 14, 2015
EBRD Sees Mixed Outlook for CESEE Countries in 2015-16
The outlook for economies in central and south eastern Europe is improving on the back of eurozone monetary easing but prospects further to the east of the transition region have worsened, as the impact of Russia’s recession intensifies.
May 14, 2015
Strabag Builds Two Czech Motorways for € 24 Mln
Strabag a.s., the Czech subsidiary of Austrian-based publicly listed technology group Strabag SE, has been awarded two new motorway contracts in the Czech Republic as part of a consortium with Eurovia CS. The company will build two sections of the D3 motorway (see image) linking Prague with southern Bohemia.
March 9, 2015
Mid Europa Partners' New Fund to Invest EUR 800 Mln in CEE
Mid Europa Partners, the British private equity firm focused on buyouts in Central & Eastern Europe, announced the final closing of Mid Europa Fund IV at €800 million, complemented by an additional pre-allocated co-investment program of €650 million. Fund IV represents the largest dedicated fund to the CEE Region raised in the last 5 years.
September 5, 2014
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