Norbert Nemeth

Austria's Debt Relief: A Focus on Billions

Since the turn of the millennium, Austria has waived debts amounting to around €3.4 billion owed to other countries. This information is based on a recent parliamentary response from the Ministry of Finance, which has drawn particular criticism from the Freedom Party of Austria (FPÖ).

July 16, 2025

“Austria is free” - 70 Years of the State Treaty: A Reminder and Mission in Turbulent Times

On May 15, 2025, Austria celebrated the 70th anniversary of the signing of the State Treaty of 1955 with a ceremonial act of state. The events took place both in parliament and in the palace gardens of the Upper Belvedere and commemorated the historic moment when Foreign Minister Leopold Figl proclaimed the words “Austria is free!”.

May 15, 2025
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