Portugal

Human Rights in Russia: Third Appeal to the OSCE Moscow Mechanism Since the Outbreak of War in Ukraine

The OSCE Moscow Mechanism was recently requested by 38 states, including Austria, to appoint an OSCE expert to review the human rights situation in Russia. Since the outbreak of the Ukrainian war, the Moscow Mechanism has already been contacted three times.

July 29, 2022

Austria Supports Joint Statement for Ukraine's Case Against Russia Before the International Court of Justice

The European Union, Austria, and over 40 other nations have issued a statement supporting Ukraine's case before the International Court of Justice against Russia. In order to hold Russia accountable for its violations of international law, the Joint Statement has been released.

July 15, 2022

Meet the New Ambassadors of Portugal, Lesotho, Brunei and Cambodia to Austria

The new Ambassadors of the Portuguese Republic (H.E. Mr Miguel Maria Simones Coelho de Almeida e Sousa), the Kingdom of Lesotho (H.E. Mrs. Senate Barbara Masupha), Brunei Darussalam (H.E. Mrs. Pengiran Hajah Krtini Pengiran Haji Tahir) and the Kingdom of Cambodia (H.E. Mr Nong Sakal) to Austria presented their credentials to President Van der Bellen. Learn more about these new ambassadors.

July 7, 2022

Meet the New Ambassador to Austria and Permanent Representative of Portugal to the International Organizations in Vienna

Miguel Maria Simões Coelho de Almeida e Sousa, Portugal's new permanent representative, presented his credentials to the Director-General of the United Nations Office at Vienna, Ghada Waly. Meet Ambassador Miguel Maria Simões Coelho de Almeida e Sousa, the new permanent representative of Portugal to the International Organizations in Vienna.

April 29, 2022

Demand for Luxury Real Estate in Austria Increased by 12 Percent Due to the Corona Situation

Luxury real estate demand increased by 12 percent in Austria in 2021, according to the Engel & Völkers Group. Read more about the luxury real estate trends in Austria and around the world.

January 17, 2022

Saudi Center KAICIID's Relocation from Vienna to Lisbon Completed

The Portuguese Minister of State for Foreign Affairs, Augusto Santos Silva and KAICIID Secretary General, Faisal bin Muaammar signed the Headquarters Agreement in Lisbon. Austria has one less international organization, while Portugal will now host nine international organizations. Faisal bin Muaammar has now completed his second term as planned. Ms. Elham Alshejni currently serves as the Interim Deputy Secretary General of KAICIID.

November 23, 2021

Loss for Vienna: Relocation of Saudi Center to Lisbon Finalized

The controversial KAICIID (King Abdullah Bin Abdulaziz International Centre for Interreligious and Intercultural Dialogue), which is largely financed by Saudi Arabia and is currently based in Vienna, will relocate to Lisbon.

October 25, 2021

Call for Solidarity for China Sanctioned States Including Taiwan

A motion for a resolution was filed in the Austrian Parliament calling for the Austrian government to support countries, such as Taiwan, sanctioned by China for supporting democracy, human rights, and other global values. Read about the motion and the reasoning behind it.

October 21, 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

Weekly Briefing: End of Lockdown for Vienna and Lower Austria Stirs Up Hope

Now Vienna has also officially confirmed that on May 19 the long-awaited opening will take place. The end of the lockdown in Vienna and Lower Austria and nationally reaching 3 million Covid-19 vaccinations are not the only indications that the Austrian economic recovery gets off the starting blocks. Find out more about this week's developments.

May 6, 2021 · Updated: May 6, 2021; 17:05

Portugal and Austria Mutually Interested in "Green Passport"

Portugal's high-ranking politicians, including President Rebelo de Sousa and Foreign Minister Santos Silva, and Austria's National Council President Sobotka have held discussions about the European "Green Passport". What they had to say about the IPU Conference in Vienna and the Conference on the Future of Europe, can be read below.

May 4, 2021

Edtstadler in Madrid and Lisbon: Talks About "Green Passport"

Austria's Federal Minister for European Affairs Karoline Edtstadler has travelled to Spain and Portugal in order to discuss the fight against Covid-19, coordination in reconstruction and the "Green Passport". She demands an economic comeback that is characterized by green and digital transformation.

April 28, 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

Covid-19: Austria Offers Admission of Portuguese Patients

To alleviate the current health crisis in Portugal, Austria accepted to admit ten patients that will be treated in Vienna and other provinces. Due to the slightly improved situation in Austrian intensive care units, the Portuguese Covid-19 patients and other patients with serious illnesses will be transfered to hospital in Austria.

February 5, 2021

Portuguese Foreign Minister Met Schallenberg

Portuguese Foreign Minister Santos Silva welcomed his Austrian counterpart Schallenberg for a working meeting in Portugal's capital Lisboa. The two ministers met prior to Portugal's upcoming EU Presidency to discuss the key issues that will be addressed during that time. These include the transatlantic relations as well as relations with the African continent, accession negotiations with Western Balkan countries and the social and economic impacts of the Covid-19 pandemic.

December 14, 2020 · Updated: December 21, 2020; 10:55

Mandatory Quarantine for Austrians in UK & Norway

The United Kingdom and Norway introduced a travel warning for Austria which leads to a mandatory quarantine for people coming from Austria. Both countries are thus reacting on the highly increasing numbers of infections in Austria.

August 21, 2020

Austria Lifts Landing Bans for Airplanes from All 18 Countries that were Previously Banned

The previous landing bans for aircraft from 18 countries expired on 1 August 2020. From now on, new entry regulations will apply, requiring a mandatory Covid 19 test. There are exceptions for diplomats and some other groups.

August 1, 2020

Landing Ban at Austrian Airports Extended from 10 to 18 Countries

In the fight against the coronavirus pandemic, Austria will reinforce the landing bans for aircraft from COVID-19 risk areas as of Thursday, 16 July. Thus, landing bans will apply to aircraft from the following countries: Albania, Belarus, Bosnia and Herzegovina, Bulgaria, China, Egypt, Iran, Kosovo, Moldova, Montenegro, North Macedonia, Portugal, Romania, Russia, Serbia, Sweden, United Kingdom and Ukraine.

July 14, 2020

Diplomats for the International Day Against Homophobia, Transphobia and Biphobia 2019

More and more embassies, delegations and permanent representations to international organisations supported this day (IDAHOBIT), that raises awareness of LGBT rights violations and stimulate interest in LGBT rights work worldwide, as well as EuroPride 2019 in Vienna.

May 29, 2019

Analysis: Austrian Economy Falls Behind Eurozone Average

The latest "Attractiveness Survey" from consultancy Ernst & Young Global Limited shows, that espite strong fundamentals, Austria’s economy lost some ground on the Eurozone average in 2014, with growth of just 0.4% compared with 0.9% for the Eurozone as a whole. This comparative weakness will also continue in 2015, with Austria’s GDP growth estimated at 1.1%, against 1.5% in the Eurozone. This is despite a boost from lower energy prices, quantitative easing from the European Central Bank (ECB) and a weaker euro.

June 1, 2015

Government Debt Increased to 82.6% of GDP in Austria and to 92.7% in Euro Area

At the end of the second quarter of 2014, the government debt to GDP ratio in the euro area (EA18) stood at 92.7%, compared with 91.9% at the end of the first quarter of 2014. Austria's government debt rose to 82.6 percent of GDP in Q2 2014 from 81.3 percent in Q1.

October 23, 2014

Poland: Lending Activity to Increase Significantly

Lending activity in the Polish finance sector is expected to increase significantly this year.

March 3, 2014

Austria: Debt Rate Rises Unstoppably

In the third quarter last year the Austrian public debt rate increased significantly compared to the previous quarter.

January 22, 2014

Bank Austria Generates Fresh Capital

On Monday, January 13, UniCredit Bank Austria issued its first mortgage bond for 2014 to strengthen its capital base.

January 14, 2014

Croatia: Real Estate Market Crisis Goes On

After the collapse of the Croat real estate market in 2009/10, the price decrease still holds on.

December 30, 2013

Austrian Public Debt Reaches New High

The total size of public debt was never before so high. In the next years, the public debt ratio will come close to 80% of GDP.

December 30, 2013

IMF: „Banks and Companies in a Vicious Circle“

Not only Greece, Spain or Portugal are struggling with a financially stricken banking sector. In Southeastern Europe, the situation is quite similar.

October 11, 2013

End of Recession Supports Stock Exchanges in Europe

The Eurozone seems to have finally left recession behind. This is one of the reasons why markets closed trades with a plus on Wednesday.

August 15, 2013

Bolivia: “We Don’t Need a US Embassy“

Bolivian President Morales is still infuriated over the flight incident and considers closing of US embassy in La Paz. He is supported by his counterparts from Venezuela and Ecuador.

July 5, 2013

Vienna: Bolivian President Allowed to Continue Journey

Bolivan President Evo Morales had to land in Vienna after several European countries – among them Spain, France and Portugal – refused the right to overfly.

July 3, 2013

Polish Road Authority As Tardy Payer

Prime Minister Tusk seems unimpressed about ambassadors from six countries filing a complaint.

June 19, 2013

Poland: Favorable Forecast Despite of Recession in 2013

Poland’s economy is the biggest among the younger member states and continues to grow even with the current recession.

April 17, 2013

WIFO: South Europe Needs New Industrial Policy

The Austrian Institute of Economic Research (WIFO) stresses that Spain, Greece and Portugal need new growth measures instead of austerity cuts.

December 15, 2012

“Eurozone On Stable Ground”

Austria´s Minister of Finance Maria Fekter is optimistic. Spain, Portugal and Ireland are making substantial progress. However, the crisis is not over yet, she notes.

December 1, 2012

IHS: Collapse of Eurozone would Cost 157,000 Jobs

The Austrian Institute of Advances Studies IHS says that Austria´s economic growth would be lower by 11 percentage points until 2016.

November 5, 2012

Austria Appreciates Portugal’s Efforts of Budget Consolidation

State Secretary Lopatka meets with Portuguese State Secretary for EU Affairs, Luis Miguel Morais Leitão.

October 8, 2012

Austrian Guarantees Total € 80bn

In the worst case, Austria´s public debt quota may increase up to 100%, the Austrian opposition warns.

August 27, 2012

Declining Real Income: UBS Defends Report

Paul Donovan, author of the controversial study, was criticized by Austria´s Central Bank and Bank Austria. Donovan underlines that his study is correct.

August 24, 2012

Grexit: Aiginger Warns of Shock in the Balkan Region

Wifo´s (Austrian Institute of Economic Research) director Karl Aiginger thinks that a Greek exit would not only cause big problems for Greece itself, but for the whole Balkan region.

August 21, 2012

Austrian Real Income Fell Dramatically

Economists often say that Austria has benefitted from the euro. According to a study of UBS, Austria has lost a substantial degree of prosperity, however.

August 20, 2012

Kommunalkredit´s KA Finanz Needs New Guarantees

Because of its exposure in Greece, the nationalized Austrian lender needs further guarantees from the Austrian state.

August 6, 2012

Insolvencies in CESEE on the Rise

In 2011, the number of business insolvencies rose by 25% in the CESEE region. Hungary ranks first.

July 25, 2012

Aiginger: „Feeding Banks Makes No Sense“

The director of WIFO (Austrian Institute of Economic Research) thinks that Spanish banks must be able to become insolvent.

July 24, 2012

Fischer Wants to Check ESM

Austria´s Federal President Heinz Fischer does not sign the ESM approval by the Austrian Parliament yet. „I am not under time pressure.“ he says.

July 11, 2012

Austrian M&A Activity Faces Depression

Due to the global insecurities, the M&A activities in Austria decreased substantially in the last year. Against the prior year, the number of deals was down by 27%.

July 11, 2012

Economic Report: „Reducing Dependence on Europe“

Today, the Austrian government published its "Economic Report 2012".

July 9, 2012

WIFO Wants Unlimited Firewall

According to the Austrian Institute of Economic Research, the firewall must be big enough in order to make speculation against the euro unattractive.

June 28, 2012

Austrian Banks Affected by European Crisis

Bank Austria´s CEO Willibald Cernko still believes in the common currency. Last year, earnings went down by 14.6%.

June 26, 2012

CESEE Banks: Small Exposure in Southern Europe

The riskiness of assets held by CESEE banks is manageable, the U.S. rating agency Fitch says. The CESEE region has closer links to Western Europe than to Southern Europe.

June 20, 2012

Fekter Defends Euro Aids

Austria´s Finance Minister Maria Fekter underlines the „necessity of solidarity“ and stressed ist commitment to the common currency. The Austria opposition party FPÖ made a serious protest.

June 16, 2012
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