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Despite the Ukraine War: Raiffeisenbank International Doubles Group Result
In the first half of 2022, Raiffeisen Bank International (RBI), which is heavily active in Eastern Europe, achieved a significant profit despite the Ukrainian conflict. Its Bulgarian subsidiary was sold in June, which was a major contributing factor.
August 2, 2022
Global Peace Index: Austria Achieves Top Ranking
A global peace index is published every year by the Institute for Economics & Peace. The index evaluates the state of peace around the world and identifies the countries whose peace is highest and lowest. Austria achieved a top result this year. See which countries have the most peaceful climate below!
August 2, 2022
UN Nuclear Non-Proliferation Treaty Conference in New York
The UN Nuclear Non-Proliferation Treaty tenth review conference is held in New York after a two-year delay caused by the CoV pandemic. Even before Russia's war of aggression against Ukraine, nuclear disarmament had stalled. Now, reducing the nearly 13,000 nuclear weapons worldwide is becoming even more difficult.
August 1, 2022
Iran Nuclear Talks: Iran Can Build Nuclear Bomb, But Does Not Intend to Do So
Iran says it is technically capable of producing a nuclear bomb. But the country does not intend to do so, the semi-official Fars news agency quoted the head of Iran's Atomic Energy Agency, Mohammed Eslami.
August 1, 2022
OPEC Welcomes New Secretary General Haitham Al-Ghais
Haitham Al-Ghais of Kuwait has taken over the position of Secretary General of the Organization of Petroleum Exporting Countries (OPEC). He replaces Mohammed Barkindo, who died unexpectedly in July.
August 1, 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
Weekly Briefing: Rising Migration in Austria
The Find out more about this week's developments. For Austria, new questions arise about the migration and integration of refugees. The coronavirus quarantine ends in August. Read about the latest developments in diplomacy in Vienna and Austria.
July 28, 2022
Wirecard Scandal: New Indications for Marsalek's Stay in Moscow
Former Wirecard board member Jan Marsalek, who has been in hiding for two years, could be living in Moscow under the protection of Russian intelligence services.
July 26, 2022
Austria Will Take Common Line with Germany on Gas Storage
Germany and Austria have joint responsibility for storing gas, according to Energy Minister Leonore Gewessler (Greens). "We have always coordinated well with Germany," the minister said today, referring to the Haidach storage facility near Salzburg, which is also important for Germany.
July 25, 2022
IAEA Expresses Concern About Zaporizhzya Nuclear Power Plant in Ukraine
The situation at the Zaporizhzhya Nuclear Power Plant (ZNPP) in the Russian-occupied zone of Ukraine is increasingly worrying, according to recent reports. In order to avoid an accident that could endanger the health of the Ukrainian and other public, Rafael Mariano Grossi, Director General of the International Atomic Energy Agency (IAEA), has advised the utmost caution.
July 25, 2022
Joint Trip of Austrian and Czech Foreign Ministers to Ukraine
Foreign Minister Alexander Schallenberg traveled to Kyiv with Czech Foreign Minister Jan Lipavský. In addition to talks with Ukrainian President Volodymyr Zelenskyy, Prime Minister Denys Shmyhal and Foreign Minister Dmytro Kuleba, the program included visits to the Hostomel and Irpin war sites, which testify to the sheer brutality of Russia's Invasion of Ukraine.
July 21, 2022
Germany and Austria Seek Stronger Cooperation on Energy Security
Germany and Austria, seeking closer cooperation between the two countries in the current energy crisis, signed a joint declaration this week to mitigate the looming energy crisis.
July 15, 2022
Austria Supports Ukraine in Reconstruction and Development
Austria's Federal Minister Karoline Edtstadler assured Ukraine and particularly affected states in the course of the high-level Ukraine Reconstruction Conference in Lugano. The conference aims to set a comprehensive plan for the reconstruction of Ukraine and, above all, a further sign of solidarity for Kiev.
July 6, 2022
Why Germany and Austria Are More Dependent on China for Strategic Raw Materials than on Russian Gas
China has established global dominance over many of the strategic raw materials needed to be competitive in the economy of the future. Read how Austria, Germany, and others have arguably become more dependent on these materials from China than on Russian gas.
July 5, 2022
Emotional Appeals From Zelenskyy, Clooney and Others During 4Gamechangers Event in Vienna
During his first live address to Austria Thursday, Ukraine's president Volodymyr Zelenskyy made an emotional appeal. Moreover, he called for tougher sanctions against Russia as well as increased support for Ukraine. Selenskyj said during a 4Gamechangers festival circuit that the war is also a "gamechanger" for Europe. An earlier appearance by Hollywood star George Clooney created a stir.
July 5, 2022
Austrian Ministers Visit Egypt on a Joint Trip
Austrian Foreign Minister Alexander Schallenberg and Austrian Interior Minister Gerhard Karner traveled together to Egypt, to strengthen the cooperation with the Arabic Republic and North Africa. The meetings focused on the war in Ukraine, its global consequences, illegal migration, combating human trafficking and human rights.
July 3, 2022
OSCE Announces Closure of Project Co-Ordinator in Ukraine
The office of the Project Coordinator in Ukraine, whose tasks include supporting Ukraine in its reform efforts, is being dismantled step by step, as the OSCE recently announced. The reason for this is that the OSCE Permanent Council was unable to reach a consensus on the extension of the mandate due to the Russian Federation.
July 1, 2022
Fear of Moldova Being Next on Russia's Hit List
The Russian Invasion of Ukraine is also frightening for other Eastern-European countries. One of them has its own troubles, with the gone rogue territory of Transnistria, highly influenced by the Kremlin, namely Moldova.
June 30, 2022
Austria Receives President of Botswana
The President of Botswana, Mokgweetsi Masisi, recently visited Austria's Federal Chancellor Karl Nehammer. Masisi was in Vienna to strengthen bilateral relations between the two countries and to discuss the maintenance of food security against the backdrop of the war in Ukraine.
June 28, 2022
Russian Food Markets in Vienna Under Pressure
Specialty foods such as vodka, buckwheat, and chocolate are available in Vienna's Russian groceries. Since Moscow invaded Ukraine, Austrian-Russian traders have been worried about import difficulties and hostility.
June 28, 2022
Moody's Declares Russia in Default
The U.S. company Moody’s announced in New York that it was concerned with interest payments on two government bonds that had not been received by creditors even after a default period of 30 days had expired.
June 28, 2022
Dutch Royal Couple Visits Austria
The Dutch royal couple, His Majesty Willem-Alexander, King of the Netherlands, and Her Majesty Máxima, Queen of the Netherlands traveled to Vienna for a state visit. The three-day visit is mainly about strengthening bilateral relations between Austria and the Netherlands and the effects of the Russian Invasion of Ukraine on Europe.
June 27, 2022
Weekly Briefing: Newest Developments in Diplomacy and Vienna
Read about the newest developments in Diplomacy in Vienna and Austria. Further, Austria is strengthening its efforts in aiding Ukraine, international politics and local grievances. Russian Foreign Minister Lavrov visited Iran. The Find out more about this week's developments.
June 23, 2022
Iran Nuclear Talks: Avoiding Sanctions - Lavrov in Tehran
Russia's Foreign Minister Sergei Lavrov has arrived in Iran for a visit. He first met with President Ebrahim Raisi in the capital Tehran and will meet with Iranian Foreign Minister Hossein Amir-Abdollahian. Iran Nuclear Talks will also play a significant role in Lavrov's visit since both countries are trying to find a way to avoid further sanctions by the West.
June 22, 2022
Austria Sees Potential EU Accession Status as a Historic Opportunity
Austria sees the EU Commission's proposal to grant Ukraine and Moldova the status of EU accession candidates as a historic opportunity as a clear signal of the EU's strength. Nevertheless, Austria also has a responsibility towards the Western Balkans and should not ignore them. Read on if you want to learn more.
June 21, 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
Ukrainian Parliament Speaker Demands Protection of European Values
The President of the Ukrainian Verkhovna Rada, Ruslan Stefanchuk, emphasized during a speech in the Austrian Parliament that Ukraine defends civilized Europe from Russia's imperialist aspirations and used the visit to promote Ukraine's accession to the EU. He also thanked Austria for its humanitarian and financial support to Ukraine in these difficult times.
June 15, 2022
IAEA Prepares Visit to Zaporizhzya Nuclear Power Plant Despite Russian Occupation and Opposition from Kyiv
The International Atomic Energy Agency prepares a visit to the Zaporizhzhya nuclear power plant in the Russian-occupied zone of Ukraine. While this in itself is a difficult undertaking because of the Russian occupation forces, Kyiv's defensiveness added to this, complicating the IAEA's efforts to assess and ensure the nuclear safety of Europe's largest nuclear power plant.
June 9, 2022
Austrian Ministry of Justice Wants Better European Cooperation in the Area of Justice
Justice and Home Affairs Ministers are discussing stricter environmental criminal law, better international cooperation on criminal offenses and Russia sanctions in the European Council. The Austrian Ministry of Justice under Alma Zadic welcomes stricter prosecution of environmental crimes and a united effort to sanction Russian oligarchs.
June 9, 2022
Human Rights Violations in the Ukraine Conflict: "Western Values Under Pressure"
The Covid-19 crisis and the Russian war of aggression in Ukraine have recently led to a worrying increase in human rights violations. The human rights situation in Ukraine, as well as in the rest of the world, was recently the focus of the Human Rights Committee in the Austrian Parliament. Read on to learn more.
June 9, 2022
EU Oil Embargo: Little Impact on Austria's Economy Expected
The planned EU embargo on Russian oil in response to the war of aggression in Ukraine will have far-reaching consequences for Europe. This is also the case for Austria. In a report, the Austrian National Bank examines the impact on the Austrian economy and forecasts comparatively mild effects. Nevertheless, the embargo conceals a number of risks that could also have a serious impact on Austria.
June 8, 2022
Belarusian Opposition Leader Tsikhanouskaya Met Foreign Minister Schallenberg in Vienna
Belarusian opposition leader Sviatlana Tsikhanouskaya met Foreign Minister Schallenberg in Vienna at the Austrian Foreign Ministry. The meeting focused on the current state of politics in Belarus and Russia.
June 2, 2022
OPEC Considers Possible Exclusion of Russia From Oil Production Agreement
OPEC countries are apparently considering the exclusion of non-OPEC member Russia from the concluded oil production agreement. According to a report in the Wall Street Journal, which cites statements from insider circles, other OPEC countries could step in to meet production targets following Russia's exclusion.
June 1, 2022
Austria Against Gas Embargo
Austrian Chancellor Karl Nehammer and Austria are against a gas embargo and Chancellor Nehammer emphasized that a gas embargo will not be part of further sanctions.
May 31, 2022
Austrian Chancellor Had a Phonecall With Putin
Chancellor Karl Nehammer spoke on the phone with Russian President Vladimir Putin about the war in Ukraine. Specifically, it was about "green corridors" and the exchange of prisoners. The phone call was very intense. The focus was on issues of humanitarian aid, food security and prisoner exchange. Austria wants to mediate between Moscow and the West.
May 29, 2022
OSCE Condemns Intimidation and Detention of OSCE Staff in Donetsk and Luhansk
The OSCE recently condemned the ongoing allegations against the Special Monitoring Mission to Ukraine (SMM), who are currently in Russian custody. The OSCE called for the immediate release of the four national mission members detained in Donetsk and Luhansk.
May 27, 2022
Conference On The Future of the EU and Eastern Europe By ERSTE Foundation and IWM
In cooperation with the Institute for Human Sciences (IWM), ERSTE Foundation is organizing the Time To Decide Europe Summit 2022 on the future of the EU, Ukraine, Russia and the Western Balkans. More than 20 leading European intellectuals will develop theses and solutions for Europe, the Western Balkans, Ukraine and Russia.
May 22, 2022
EU Supports Ukraine With Substantial Financial Aid
The second tranche of the EU macro-financial assistance to Ukraine has just been disbursed. The total of €600 million is intended to help cover the acute financing gaps in Ukraine, which is suffering severely from the consequences of the Russian war of aggression. The assistance is intended to improve Ukraine's macroeconomic stability and help keep state agencies functioning during this critical period.
May 20, 2022
Austrian Exit From Russian Gas Possible: "Major Effort Necessary"
The exit from oil and gas supplies from Russia, which has been much called for at both national and international level, has been occupying the EU and also the Austrian government for weeks. Now the Austrian Energy Minister has presented a plan on how this planned phase-out can be achieved by 2027 and what concrete measures need to be taken to achieve it.
May 19, 2022
Finland and Sweden Submit Applications to Join NATO
With Russia posing a threat to Finland and Sweden through its attack on Ukraine, both countries decided to join NATO. The ambassadors of Finland and Sweden handed over the relevant documents to NATO Secretary General Stoltenberg this morning.
May 18, 2022
Supplementary Human Dimension Meeting: OSCE Emphasizes Importance of Key Principles of Democracy
The Organization for Security and Co-operation in Europe is organizing the Supplementary Human Dimension Meeting, emphasizing the importance of democratic principles, human rights and independent media work and how the Russian invasion of Ukraine is threatening these principles in Europe.
May 17, 2022
Russia and Allies Held Summit in Moscow
The Russian-led Collective Security Treaty Organization (CSTO) held a meeting in Moscow to strengthen Russia's alliance with military partners like Belarus, Kazahkstan, Armenia, the Kyrgyz Republic and Tajikistan and to condemn the West. The CSTO and its Collective Security Council meeting were held in honor of the 30th anniversary of the treaty and the 20th anniversary of the organization.
May 17, 2022
How the People’s Republic of China Leverages Its Membership in Multilateral Organizations to Advance Its Geopolitical Interests
Without question, China has become a global superpower and is successfully expanding its influence around the world. While there are many factors that have contributed to this success, China’s utilization of multilateral organizations to shape the international system to its liking cannot be discounted. Read how China has leveraged its membership in multilateral organizations to advance its own geopolitical interests.
May 17, 2022
Together With Sweden and Finland: How likely is Austria to Join NATO?
Finland and Sweden have decided to make an official application to join NATO. Stimulated by the ambitions of Finland and Sweden, the question arises: Will Austria also consider this step soon? Probably not if you ask Austrian politicians and people. A brief analysis.
May 16, 2022
Pro-Russian Authorities in Kherson Want to Ask Russia For Annexation
Russia accomplished in its war efforts in Ukraine to occupy Kherson. The pro-Russian authorities, installed by the Kremlin, in occupied Kherson plan to ask for the southern Ukrainian region's incorporation into Russia.
May 11, 2022
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
Why May 9 Is Important For Russia: Putin Tries to Justify War in Ukraine
Russia today celebrates the Day of Victory over Fascism. For Russia, this holiday is a national sanctuary, for Putin's Russia the most important day for propaganda. Read more about May 9 and its importance for Russia?
May 9, 2022
Europe Day 2022: A Day in the Spirit of a United Continent
Today, 9 May, Europe Day is celebrated all over Europe. Many events are held to celebrate peace and cohesion in Europe. Alexander Van der Bellen also gave a speech in the House of the European Union and underlined the importance of European unity and condemned the Russian war of aggression against Ukraine, which is particularly dependent on the help of its European allies in such difficult times.
May 9, 2022
Iran Nuclear Talks: EU Tries To Revive the Negotiations
European officials are trying to save the Iran nuclear deal. To find a solution to the months-long standoff between Tehran and Washington, EU coordinator Enrique Mora is scheduled to visit Tehran. Read about the newest developments in Iran and the JCPOA.
May 8, 2022
OSCE and U.S. Mission to the OSCE Condemn Anti-Semitic Remarks by Russian Foreign Minister
The OSCE and the U.S. Mission to the OSCE recently condemned the statements of Russian Foreign Minister Lavrov, who claimed that Adolf Hitler was of Jewish origin, sparking an outcry in the Jewish faith community. The two statements describe the falsity of the statement and convey a lack of understanding of such obviously provocative statements.
May 6, 2022
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