Russia

NATO and EU Military Committee Meet Regarding Western Balkans

A joint meeting of the NATO Military Committee and the European Union Military Committee was held to discuss the current security situation in the Western Balkans as well as the EU's ongoing Operation Althea. In the context of the Russian military aggression on Ukraine, stability in the Balkans increases in importance.

March 29, 2022

UNODC and OSCE Support Efforts Against Human Trafficking of Refugees in Ukraine

The Russian Invasion of Ukraine caused a humanitarian crisis in Ukraine. Many Ukrainians are fleeing the country and are becoming refugees in their neighboring countries. UNODC and OSCE recently showed concern about Human Trafficking and that Ukrainian refugees could become targets of traffickers.

March 29, 2022

Everything You Always Wanted to Know About the Ukrainian Embassy Building in Vienna

The Ukrainian Embassy in Vienna has a long and mixed history. In this article you will learn where it is located, who runs it, how it has developed over time and much more. Read on.

March 29, 2022

Nehammer at EU Summit: Russia Sanctions and Western Balkans Support

The EU summit, which was also attended by U.S. President Joe Biden, focused on the political crisis caused by the Russian invasion of Ukraine. Austrian chancellor Karl Nehammer attended the European Council too and expressed the importance of stability in the Balkans. Read about the European Council and the chancellor's visit to Brussels.

March 28, 2022

Ukraine Refugees in Austria: ID Card and IT Infrastructure for Registration and Data Collection Now Ready

Currently, thousands of Ukrainians seeking refuge are coming to Austria to escape the horrors of the war. In order to stay and work here, they need to register at the police, which recently received new registration modules. These are intended to contribute to the quick and easy registration of persons arriving in Austria who are looking for help.

March 28, 2022

IAEA and the Nuclear Safety in Ukraine

The Russian invasion of Ukraine raises issues about nuclear safety. After several wildfires around the Chernobyl nuclear ruins, possible shelling by Russian forces in the vicinity is now leading to new concerns about the safety of the infamous nuclear power plant. The IAEA expressed its concerns and demands for an agreed framework to provide assistance.

March 25, 2022

Austria Kicks Off Detachment Process from 80 Percent Dependence on Russian Gas

In order to no longer be dependent on Russian gas imports, the Austrian federal government decided on a new stockpiling of natural gas. This is to provide for the case of an import stop from Russia. Despite the high level of approval, the proposal has nevertheless come in for criticism.

March 25, 2022

U.S. Ambassador to OSCE Urges Kremlin to "end it now, save the lives of your own soldiers"

The U.S. Ambassador to the OSCE Michael Carpenter urges the Kremlin to end the senseless war in Ukraine and condemned the aggressive tactics of Russia's armed forces in Ukraine.

March 24, 2022

The Impact of the Russian Invasion of Ukraine on the Nuclear Talks in Vienna

In the backdrop of the Russian invasion of Ukraine new issues emerged in the negotiations for the revival of the JCPOA in Vienna. For the West and Iran, it is important to re-establish the Joint Comprehensive Plan of Action, despite Russia's diversionary tactics.

March 24, 2022

OSCE Condemns Russian Aggression on Mariupol and Ukraine

The OSCE Chairman-in-Office Zbigniew Rau and Secretary-General Helga Maria Schmid condemned the ongoing violence that Russian forces committed in Ukraine and the city of Mariupol. Meanwhile Russia's ambassador to the United Nations has denied that Russia was involved in the attack on a theatre in besieged Mariupol.

March 23, 2022

The Battle For Mariupol: Why Does It Matter to Putin?

Russia's invasion of Ukraine and the military tactics are ravaging Ukraine. The Russian troops besiege Mariupol and are causing a humanitarian crisis. Mariupol is key for the Russian invasion and the advancing Russian military wants to seize the city at all costs.

March 23, 2022

Putin's Aggression Against Ukraine as a Trigger for the Flare-up of the Austrian Neutrality Debate

Russia's fabricated pretext for war, Russian use of disinformation to distract and deflect responsibility and eventually Russia's invasion of Ukraine could become the turning point for Austria's security policy. Parliamentary groups discussed Austria's position in the field of tension between neutrality, NATO accession and the EU army.

March 23, 2022

Austrian Federal President: "We stand with Ukraine"

Austria's President Alexander Van der Bellen, as a special guest of honor, visited a charity event on the weekend and gave a speech about the current situation in Ukraine.

March 21, 2022

The Ukraine Invasion and India: Schallenberg in New Delhi

Foreign Minister Schallenberg visited India to hold talks in the capital New Delhi. In addition to other regional and international security policy topics of discussion, the Russian war of aggression in Ukraine will be the main topic.

March 21, 2022

Western Balkans Trip for New Momentum against Destabilization by Russia and China

The Balkans were plagued by war 30 years ago. When Yugoslavia collapsed, the first war in Europe after World War II occurred. A policy of stability in this region is particularly important, especially in the backdrop of the unprovoked Russian invasion of Ukraine. Recently Austrian Chancellor Karl Nehammer as well as many other European politicians have traveled to the Balkan states to talk to the most important politicians and dignitaries. The EU and the U.S. have long been the central players in the Western Balkans and want to counter Russia's and China's influence in the region.

March 18, 2022

Austria's Raiffeisen Bank Now Considering Russia and Ukraine Exit After All

Raiffeisen Bank International is considering withdrawing from Russia. The enormous civil suffering in Ukraine caused by Russia's war of aggression had led the management to this decision. This step is not taken easy, since Russia counts as one of the key areas of the Austrian bank.

March 18, 2022

Putin's War Forces OMV to Make Most Fundamental Strategic Shift in Its History

Russia's aggression toward Ukraine is forcing OMV, the Austrian oil, gas and petrochemical group to take drastic measures. The company's management decided to stop all investment activities in Russia and to rely on alternative suppliers in the future. OMV thus joins many other companies that are slowly turning their backs on the Russian market.

March 17, 2022

Ukrainian Ambassador in Vienna: "We need humanitarian assistance"

The war in Ukraine has been going on for several weeks and the humanitarian crisis is a new challenge for Europe. The Ukrainian Ambassador to Austria, Vasyl Khymynets, met with the Governor of Lower Austria, Johanna Mikl-Leitner, and Provincial Councilor Martin Eichtinger for talks at the Palais Niederösterreich in Vienna. The discussion focused on Russia's violations of human rights and humanitarian aid to Ukraine.

March 17, 2022

How Austria Is Supporting Ukrainian Refugees: Right of Residence and Relief Supplies

In Europe, an ever-increasing migration movement from Ukraine is becoming noticeable. The government of Austria decided to take several measures to help the fleeing people of Ukraine. Learn more about Austria's assistance.

March 16, 2022

Russian Operations of Strabag: Haselsteiner Cancels Syndicate Agreement with Holding Company of Oligarch Oleg Deripaska

Recently, the Haselsteiner Family Private Foundation informed the Strabag Board of Directors that it has terminated a syndicate agreement between the main shareholders. Previously, several attempts to buy up all the shares of the major Russian investor Oleg Deripaska failed.

March 15, 2022

OMV Subsidiary Borealis Declines Offer from Russia’s EuroChem for Fertilizer Business

The planned sale of the Linz-based fertilizer division of OMV chemicals subsidiary Borealis to Russian-Swiss group EuroChem has been canceled. According to a press release, Borealis has decided to reject EuroChem's offer.

March 14, 2022

Olaf Scholz Met Van der Bellen: "One Must Remain in Dialogue with Putin"

German Chancellor Olaf Scholz and Austrian President Van der Bellen exchanged views on bilateral and European policy issues and the Russian attack on Ukraine.

March 14, 2022

Energy Supply: Liquefied Natural Gas from Qatar, Instead of Pipeline Gas from Russia

Chancellor Nehammer visited the United Arab Emirates (UAE) and Qatar with the intention of lessening Austria's dependency on Russian natural gas for energy. Read about the chancellor's visit and how liquefied natural gas could help solve this issue.

March 11, 2022

Austrian Minister for Europe for Reassessment of EU Defense and Security Architecture

At a meeting of the EU General Affairs Council in France, the Austrian Minister for Europe, Karoline Edtstadler, called for a reassessment of the EU Defense and Security Architecture. Read what Minister Edtstadler said about this and Ukrainian accession to the EU.

March 10, 2022

Schallenberg in Brussels Condemns Playing with Nuclear Fire

At a special meeting of the EU Foreign Affairs Council, Foreign Minister Schallenberg condemned the Russian shelling of a nuclear power plant in Ukraine. Read more about this special meeting and what was discussed there.

March 10, 2022

How Russian State-Controlled Media Use Disinformation Campaigns to Influence Democratic Processes in Austria and Beyond

Russia uses its state-controlled media outlets to help push disinformation campaigns in Austria and around the world. Read how the Kremlin spreads disinformation through the media.

March 9, 2022

How Gazprom Helps the Kremlin to Manipulate Austria

The Russian government uses the majority state-owned energy corporation Gazprom to exploit Europe's dependency on Russian natural gas, and Austria is no exception. Read how the Kremlin uses Gazprom to influence Austria.

March 8, 2022

Asset Management: Impact of the Russian Invasion of Ukraine on Stock Markets

By invading Ukraine, Russia has created a humanitarian crisis. At a time when heart-wrenching news footage reminds us daily that innocent people are losing their lives, discussing the market implications of such devastation can feel unseemly. The most important thing investors can do during a crisis is to simply not panic. Stock market history supports this assertion. The author examined the major geopolitical events since World War II and found that on average the Dow Jones Industrial Average was 16.40% higher 1 year later and 32.7% higher 2 years later.

March 8, 2022

Strategic Partnership Update Between the United States and Austria

In light of the unprovoked and premeditated war against Ukraine, during bilateral consultations at the State Department in Washington, D.C., and at the U.S. Embassy in Vienna, U.S. Deputy Secretary of State Wendy Sherman and Peter Launsky-Tieffenthal, Secretary General at the Austrian Ministry of Foreign Affairs, in the presence of U.S. Ambassador to Austria Victoria Reggie Kennedy, issued a Joint Statement on the Strategic Dialogue between the United States and Austria, setting forth a strategic partnership between the two countries and a plan to continue the dialogue.

March 8, 2022

How Many Refugees Have Fled Ukraine to Austria?

Austria will help its neighboring countries cope with the expected influx from Ukraine following the Russian military attack by accepting Ukrainian refugees despite its generally restrictive migration policy. Please find below questions and answers regarding entry and stay of Ukrainian citizens in Austria.

March 3, 2022

Ukraine Invasion: Austria Demands Compliance with Humanitarian Law and the Securing of Civilian Corridors

Austria is demanding that Russia comply with humanitarian law and create secure corridors for civilians to leave Ukraine and international organizations to send aid in. Read what Chancellor Nehammer and Foreign Minister Schallenberg said about this and watch their joint press conference.

March 3, 2022

IAEA Board of Governors Emergency Meeting Condemns Unprovoked Attacks Against Ukraine

At an emergency meeting of the IAEA Board of Governors, the Board condemned the unprovoked attacks against Ukraine and discussed the status of the nuclear safeguards in Ukraine. Read more about the Board's meeting and the current situation regarding Ukraine's nuclear power plants.

March 3, 2022

UNHCR: One Million Refugees Have Fled Ukraine in a Week

In just seven days, one million people have fled Ukraine, uprooted by this senseless war.

March 3, 2022

Asset Management: The Consequences of the Russian Attack for Markets and the Economy

War has broken out. The markets had been in a state of tense calm over the last few days leading up to the invasion, after the continuous threats from Russia that provoked the first sanctions by the United States and Europe, but the attacks that began last week have sent shockwaves across almost all asset classes. In this context, what should investors do?

March 2, 2022

Russia-friendly Austria Breaks with its Neutrality: "Enough is Enough"

Neutral and traditionally pro-Russia Austria is forced to break with its neutrality and take a clear stand against Putin because of his war of aggression against Ukraine.

March 2, 2022

UN General Assembly: 141 States Condemn Russian Aggression and Rights Violations against Ukraine

By a large majority, the UN General Assembly has condemned the Russian attack on Ukraine. 141 states voted in favor of a resolution to this effect and demanded Russia's withdrawal from the country. Austria was represented by its UN Ambassador.

March 2, 2022

Ukraine Invasion: Austria Also Possesses a "Willkommenskultur"

Austria is already preparing to receive Ukrainian refugees fleeing the violent Russian invasion of Ukraine. The people of Austria have a chance to once again display their "Wilkommenskultur" ("welcoming culture") and welcome those fleeing the brutal conflict into their country with open arms. Read what Vienna is currently doing to help welcome the refugees.

March 2, 2022

Austria's UN Ambassador Questions Whether the System of Veto Powers Is Still Capable of Governing Relationships

At an emergency session of the United Nations General Assembly, Austrian Ambassador to the UN, Alexander Marschik, questioned whether the veto power provided to the five permanent members of the United Nations Security Council undermines its ability to uphold international law. Read more of what the ambassador said regarding Russia's invasion of Ukraine.

March 1, 2022

Attack on Ukraine: Austria Extends Aid from Foreign Disaster Fund to a Total of 17.5 Million Euros

The Austrian government has approved another 15 million euros in humanitarian aid for Ukraine from the Foreign Disaster Fund. Read about how the money will be allocated and the daunting projections that suggest Ukraine will almost certainly need more foreign aid.

March 1, 2022

Belarusian Dictator Lukashenko May Rule Until 2035

Almost unnoticed in the background of the Russian invasion of neighboring Ukraine, Belarusian President Alexander Lukashenko has had expanded power confirmed in a referendum. The constitutional amendment is intended to allow him additional terms in office and guarantee him lifelong immunity from prosecution after a possible retirement from politics.

March 1, 2022

Russia's Sberbank with European Headquarters in Vienna under Pressure

The Austrian Financial Market Authority (FMA) has announced a moratorium on Sberbank Europe AG, a European subsidiary of the Russian state-owned Sberbank. Read what this means for Sberbank Europe and its customers.

February 28, 2022

Russo-Ukrainian War: First Effects of Western Sanctions on Russian Economy

The Russian economy is already beginning to feel the effects of the Western sanctions for its invasion of Ukraine. Read what effects the sanctions are having on the economy.

February 28, 2022

Russo-Ukrainian War: Already 100,000 People on the Run, but Austria's Interior Ministry Expects No Large Movement of Ukrainians to Austria

Although already one day after the Russian attack on Ukraine, according to UN figures, more than 100,000 people out of the 44 million population are on the run, the "migration experts" of the Austrian Interior Ministry do not assume that there will be a large movement of Ukrainian citizens to Austria. On the other hand, most EU countries are preparing for more refugees.

February 26, 2022

Austria Before the OSCE Council: "War Is Raging on the European Continent"

Foreign Minister Schallenberg addressed the OSCE Council and made an urgent appeal for Russia to halt its war on Ukraine and return to the negotiating table. Read what Schallenberg said about the intensifying conflict in Ukraine.

February 25, 2022

Russo-Ukrainian War: Austria Sticks to its Role as Bridge Builder

As the fighting between Russia and Ukraine is intensifying, Austria remains committed to trying to build bridges and encouraging dialogue between the two sides. Read about Chancellor Nehammer's intense phone call with Ukrainian President Volodymyr Zelenskyy and his discussion about the conflict with Bavarian Minister-President Markus Söder.

February 25, 2022

Putin's People in Austria and Beyond

Following Putin's invasion of eastern Ukraine with the aim of regaining former Soviet territory, two former European prime ministers from Italy and Finland have already resigned from the supervisory boards of two Russian companies. However, some Austrian and German politicians see no reason to resign their mandates. In the following some explanations why.

February 25, 2022 · Updated: February 25, 2022; 11:23

Ukrainian President to Austria's Chancellor: "Don't know how long Ukraine will exist"

The situation in Ukraine is highly dramatic, Austria's Chancellor Nehammer reported from a telephone conversation with President Volodymyr Zelenskyy. The latter had requested to stand by his country, which was under attack by Russia.

February 25, 2022

Continued Strong Interdependence of Business between Russian, Ukrainian and Austrian Companies

Austrian businesses have established significant ties with those in Ukraine and Russia over the years. Read about the amount of business Austria does with each country and how the recent escalation of tensions could affect this.

February 23, 2022

Federal President: "Blatant violation of Ukraine's sovereignty and territorial integrity"

Austria's Federal President Van der Bellen condemns Putin's recognition of the eastern Ukrainian separatist areas of Luhansk and Donetsk and his order to invade eastern Ukraine.

February 22, 2022

Austria's Reaction to Putin's Disrespect for the Territorial Integrity and Sovereignty of Eastern Ukraine

Following President Putin's decision to recognize the independence of Luhansk and Donetsk in the Donbas region of Ukraine and to send "peacekeeping troops" to these areas, the Austrian government's Crisis Cabinet met to discuss how to respond. Read what Chancellor Nehammer said about the act of Russian aggression and what Austria will do.

February 22, 2022
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