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Emmanuel Macron

Potential President of the EU Commission Michel Barnier Met Top of New Austrian Government

Brexit chief negotiator Michel Barnier was in Vienna to meet several members of the new government, including Chancellor Brigitte Bierlein and Foreign Minister Alexander Schallenberg. Officially, the Brexit negotiations were the focus of the talks, however, unofficially Barnier repeatedly shows interest as Jean-Claude Juncker's successor in the office of EU Commission President.

June 11, 2019

Economic Relations Between France and Austria on the Rise

France is Austria's fourth most important export market worldwide. At more than EUR 3 bn, the trade surplus with France is the second highest in the world after the USA. Last year, France grew particularly strongly as a destination for Austrian products with an increase of 32% or EUR 7 bn in Austrian exports.

January 30, 2019

Iran-Deal Withdrawal: Consequences for Iran-Austrian Economics Relations

About 50 Austrian companies have branches in Iran. Austrian exports to Iran rose by 9.2 percent to 301 million euros in 2017; imports increased by 18.5 percent to 119 million euros. A JCPOA supported only by the EU, Russia, China and Iran is not sufficient in the medium and long term to create the necessary investments and renewals in Iran. Without the US on board, international banks and large companies will continue to shy away from activities in Iran. Secondary sanctions will contribute to this.

May 11, 2018
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