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Austria's Schengen Veto Dominates Meeting Between Austria's Nehammer and Bulgaria's Denkov
A significant meeting took place in Vienna between Austrian Chancellor Karl Nehammer and Bulgarian Prime Minister Nikolay Denkov. The talks focused on Austria's persistent Schengen veto, which currently prevents an expansion of the Schengen area to include Bulgaria and Romania.
October 25, 2023
Three Seas Initiative Summit Concludes with Resounding Commitments and Strong Support for Ukraine
During the 8th edition of the Three Seas Initiative Summit, the prestigious halls of the Cotroceni Palace welcomed Central and Eastern European leaders. This gathering was a demonstration of unity and determination against a backdrop of increasing geopolitical tension. On this same occasion, the President of Austria stressed support for Ukraine and the common fight against global warming.
September 20, 2023
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Danube Ports in Ukraine in Focus of Russian Attacks
International tensions over Ukraine are having an increasing impact on Danube ports in the region. The Vienna-based International Commission for the Protection of the Danube River (ICPDR) expressed concern about repeated Russian aggression against Ukrainian ports along the river, particularly in Reni and Izmail.
September 3, 2023
OMV Gives Final Investment Decision for Gas Project in Romania
OMV announced the final investment decision by OMV Petrom, the largest integrated energy company in Southeast Europe, for the Neptune Deep natural gas production development project.
June 22, 2023
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Romanian Delegation Searching for a Solution in Vienna
A Romanian delegation has arrived in Vienna to search for the solution for Austria’s Schengen Veto Block. Part of the delegation was also Romania’s ex Foreign Minister Titus Corlățean.
February 27, 2023
Romania’s Foreign Minister Not Satisfied with Austria’s Schengen Veto
Romania’s Foreign Minister Bogdan Aurescu has expressed his dissatisfaction about Austria’s Schengen block in the Austrian newspaper “Die Presse”. He said that the Veto was “unjust, unexpected, and unannounced”.
February 22, 2023
Dutch Prime Minister Mark Rutte Met with Chancellor Nehammer
Austrian Chancellor Karl Nehammer Welcomed Dutch Prime Minister Mark Rutte in Vienna. Their main topic of discussion was migration and requesting EU regulations regarding the external borders.
January 30, 2023
Chancellor Nehammer Requests Two Bio. Euros for Bulgaria’s Border Protection
Austrian Chancellor Karl Nehammer asked the EU Commission for two Bio. Euros to support Bulgaria’s border control. Nehammer and the Minister of Interior Gerhard Karner observed the situation this week at the Bulgarian-Turkish border.
January 24, 2023
Romania’s Ambassador to Austria Returns to his Position
Romania’s Ambassador to Austria Emil Hurezeanu is returning to its position in Vienna. He was recalled after Austria blocked Romania’s Schengen accession in December.
January 19, 2023
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Czech Foreign Minister States That Austria's Schengen-No Was Unexpected
Czech Presidency Europe was briefly troubled by Austria's No to Schengen enlargement regarding Bulgaria and Romania. For Czech Foreign Minister Jan Lipavsky, Austria's "no" vote regarding Romania's and Bulgaria's Schengen accession came "suddenly".
January 4, 2023
Austrian Government Reviews the Year 2022
Austrian Chancellor Karl Nehammer and Vice-Chancellor Werner Kogler made a review and concluded the year 2022 with a positive and determined outlook for the following year. The subjects of the past year were the recovery from the pandemic, the energy crisis, inflation and the Russian invasion of Ukraine.
December 25, 2022
Minister Edtstadler Pushes for Registration of Migrants in Hungary
Austrian Minister of Europe Karoline Edtstadler pushes for the initial registration of migrants in Hungary before they enter Austria. This is seen as a preemptive measure against the rising numbers of illegal migrants in Austria.
December 20, 2022
Austrian President Van der Bellen Visited Slovenia
Re-elected Austrian President Alexander Van der Bellen traveled to Slovenia for an official visit with his counterpart Borut Pahor. Besides discussions around the common issues in Slovenian, Austrian and European politics, this visit was also a farewell meeting between "personal friends", as Pahor is leaving office.
December 14, 2022
Romanian Interior Minister Lucian Bode Accuses Austria of Lying
Romanian Interior Minister Lucian Bode wrote a letter to Austrian Interior Minister Gerhard Karner, strongly criticizing him for Austria's rejection of his country's Schengen accession.
December 12, 2022
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Romania Got Denied Schengen Because of Austria's Veto
On Thursday, the 26 responsible ministers of the Schengen states held a summit in Tirana where Austria denied Romania and Bulgaria access to the Schengen area. Chancellor Karl Nehammer made reassuring statements on Saturday regarding this issue.
December 11, 2022
Austria Still Declines the Schengen Expansion
Austrian Chancellor Karl Nehammer confirmed Austria’s negative position towards the Schengen expansion today. At the Western Balkan meeting today in the Albanian capital Tirana, Nehammer declined further Schengen expansions for now.
December 7, 2022
Anniversary of 160 Years of Romanian Diplomacy and 15 Years since Romania's Accession to the EU
On the occasion of the Romanian National Day, H.E. Emil Hurezeanu, Ambassador of Romania to the Republic of Austria, together with H.E. Stelian Stoian, Ambassador and Permanent Representative of Romania to the International Organizations based in Vienna, hosted the reception. The reception on the occasion of the National Day of Romania took place in the premises of the Vienna Stock Exchange Halls.
November 27, 2022
Forest Fires in Bordeaux: European Community Supports French Fire Brigade
Devastating forest fires keep France at bay. After it seemed impossible to cope with the disaster on its own, the European Community was asked to help. Many states helped, including Austria.
August 17, 2022
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
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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
Three Seas Initiative in Riga for Common Ground against Russia
The Three Seas Initiative met in Riga. Austria and eleven other Central Eastern European countries accepted Ukraine as a member of the Three Seas Initiative at the Presidential Summit in Riga. Austrian President Van der Bellen traveled to Riga and appealed for unity against Russia.
June 20, 2022
How the Ukrainian Humanitarian Crisis Affects Life in Vienna
The humanitarian crisis created by Russia's brutal war in Ukraine can now be felt in Vienna. Read how the crisis is affecting life in Vienna.
April 25, 2022
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
Meet the New Resident Representative of Romania to the International Organizations in Vienna, HE Mr. Stelian Stoian
The new Permanent Representative of Romania to the International Organizations in Vienna, Mr. Stelian Stoian, recently presented his credentials to the heads of the various organizations. Learn more about Mr. Stoian.
February 23, 2022
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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
Minister for European Affairs: The Fight against Migration as a Means of Pressure on the EU
Austrian Minister for European Affairs Karoline Edtstadler embarked on a multi-country trip to Latvia, Lithuania, Cyprus, and Romania. The central topic of discussion is the increasing migratory pressure on the EU’s external borders, especially from Afghanistan and Belarus. Minister Edtstadler emphasized the need for border security at the EU's external borders and for targeted sanctions on Alexander Lukashenko's regime.
September 15, 2021
Vienna Economic Forum: Ambassador of Romania Becomes New Member of the Ambassadors Committee
The Romanian Ambassador in Vienna, H.E. Emilian Hurezeanu, was welcomed as a new member of the Ambassador Committee of the Vienna Economic Forum.
September 9, 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
Meet the New Ambassador of Romania to Austria
The new Ambassador of Romania to Austria, Mr. Emilian Horațiu Hurezeanu, presented his credentials to the President of Austria, Alexander Van der Bellen. Learn more about his background.
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
On Behalf of EU: Lithuanian, Romanian and Austrian Foreign Ministers Travel to South Caucasus
The Foreign Ministers from Lithuania, Romania and Austria have visited the South Caucasus countries Azerbaija, Armenia and Georgia on behalf of EU External Relations Commissioner Josep Borrell. Read everything about the details of the trip below.
June 28, 2021
Romanian Parliament Speaker Met Sobotka
Romanian Parliament Speaker Ludovic Orban met with Austria's National Council President Wolfgang Sobotka to discuss matters concerning the Covid-19 pandemic, interparliamentary relations and bilateral relations between the two countries. Furthermore, both politicians found great agreement on the need to fight anti-Semitism and antiziganism.
April 27, 2021
New Timetable for European Capitals of Culture
The Covid-19 pandemic also affects the timetable for the European Capitals of Culture. Postponements and extensions are made in order to guarantee proper planning for the selected cities. In 2024, Austria should be hosting another Capital of Culture in Bad Ischl.
August 19, 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
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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
Stricter Border Controls and Travel Warning for Western Balkans, Romania, Bulgaria and Moldova
Due to the high infection rates in these countries, Austria declares the highest security level. Anyone who travels to Romania, Bulgaria, the Republic of Moldova or, for example, to the countries of the Western Balkans, despite an upright travel warning, must undergo a 14-day home quarantine or a negative covid test upon returning to Austria. This is not a recommendation, but a legal regulation. Fines of up to 1,450 euros will be imposed.
July 8, 2020
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
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
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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Western Balkans Summit was Held in Paris
Following the 2014 Western Balkans Summit in Berlin and the Vienna Western Balkans Summit of August 2015, the third Western Balkans Summit was held in Paris in the context of the ‘Berlin Process’. More than 500,000 of the people with migration background who live in Austria are from the region. Austrian companies have hundreds of branches or subsidiaries in the Western Balkans, which clearly illustrates the very close economic relations.
July 8, 2016
Western Balkans Countries Discussed Investment, Jobs and Integration in Vienna
The World Bank and the Vienna Institute for International Economic Studies (wiiw) held a high-level policy dialogue on ‘Investment, Jobs and Integration’ last week. Ministers and senior officials from the Western Balkans region as well as policy experts from international organisations and the business community gathered to discuss the challenges the region is currently facing, in particular the high unemployment rate, low international competitiveness, and lack of modern infrastructure.
July 8, 2016
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
Erste Group Provides Blackstone with a 5-Year EUR 91 Million Facility
Erste Group provides Blackstone with a 5-year EUR 91 million facility to acquire 12 logistics assets. The 265000 sqm portfolio covers 12 standing logistics investments located in Hungary (5), Romania (4), Poland (2) and Slovakia (1), as well as land reserves.
February 22, 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
Central and Eastern European Forum in Vienna next Week
The Central and Eastern European Forum - organized by Euromoney - is taking place in Vienna next week. 1,000 top level policymakers, issuers, and commentators from the region will join local and international investors to help plan, debate and analyze the economic agenda for the region for the year ahead.
January 13, 2016
Report: Drug Money and Opiate Trafficking on the Balkan Route
A report recently launched by the United Nations Office on Drugs and Crime (UNODC) shows that the total value of illicit heroin and opium trafficked from Afghanistan to Western Europe through the Balkans amounts to some $28 billion every year. Sixty-five per cent of this total ($18 billion) is generated in Western and Central Europe.
December 14, 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
Erste Group Presents Net Profit of EUR 487.2 Million in H1 15
Erste Group closed the first half of 2015 with positive results, reflected in strong improvements in profitability, asset quality, lending and capital. The group reported a net profit of EUR 487.2 million in H1 2015, compared to a negative result of EUR -929.7 million in the similar period last year; all countries except Hungary made a positive contribution to this development. Total assets increased to EUR 197.5 billion, compared to EUR 196.3 billion at the end of 2014. This balance sheet growth reflects a 2.2% advance in net lending to customers compared to the end of 2014, to EUR 123.5 billion, supported by the 1.7% growth in loans to households, 2.0% to SMEs and 5.9% to large corporates.
August 7, 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
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