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January 22, 2021
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Sanctions

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European Council: Kurz Hopes for Rapid Approval of Vaccine

Prior to the European Council, Austria's Chancellor Kurz hopes for a rather fast approval process of a Covid-19 vaccine and is looking forward to a succession of close cooperation between the EU and the United States. Other relevant topics for the Council will be sanctions for Turkey, Brexit negotiations, EU climate targets, and the joint fight against terrorism.

December 10, 2020
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Schallenberg Wants to Work Shoulder to Shoulder with United States

At the Foreign Affairs Council of the EU in Brussels the Foreign Ministers discussed transatlantic relations, the continuing tensions with Turkey and current trouble spots such as Ethiopia and Belarus. Austria's Minister Schallenberg hopes for improved relations between the United States and the EU in the near future.

December 7, 2020
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Belarusian Opposition Leader in Vienna

The Belarusian opposition leader Tikhanovskaya visited Vienna to hold meetings with representatives of Austrian and European politics. Chancellor Kurz thanked Tikhanovskaya for her "tireless efforts" and reaffirmed Austria's support for a democratic Belarus.

November 6, 2020

Belarusian Opposition Leader Tikhanovskaya Met Schallenberg

The famous Belarusian opposition leader Svetlana Tikhanovskaya, who is currently trying to win the EU and European politicians over to help her and her supporters fight against the recent fraudulent election result, met Austrian Foreign Minister Schallenberg in Vienna.

October 8, 2020
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Schallenberg: "The EU Has Reached a Turning Point in the Relations With Turkey"

Austria's Foreign Minister Schallenberg explains the current relationship between the European Union and Turkey. The recent developments in the easter Mediterranean are testing the relation once again.

September 1, 2020

Chancellor Kurz Criticizes Current Situation in Belarus

Chancellor Kurz and the majority of the European Union are criticizing the recent developments in Belarus and call for action. Free and fair elections and an end to the violence against protestors are among the demands.

August 20, 2020
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Austria in Favour of Maintaining Sanctions against Russia

The sanctions against Russia will be extended for a further six months. Although positive developments have been identified, they were not enough to lift the sanctions.

December 12, 2019

Massive Slump in Austrian Exports to Iran

Trade between Iran and Austria is shrinking. Austrian exports to Iran fell by 11.1 % in 2018, as the Foreign Trade Centre Tehran of the Chamber of Commerce reported. In addition, a further decline is expected after the negative GDP growth in 2018/2019. In addition, there are fears of a further currency decline of the rial and rising inflation.

June 24, 2019

Austrian Parliament: Termination of EU Accession Negotiations with Turkey, Extension of Sanctions against Russia

In a statement to the government, the EU Main Committee of the Austrian National Council has unanimously spoken out in favour of breaking off EU accession negotiations with Turkey. Instead, the parliamentary groups believe that a strategic partnership should be sought.

June 21, 2019
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Russia Orders Agricultural Import Bans in Sanction Retaliation

Vladimir Putin signed a decree limiting or banning imports of agricultural products from countries which have imposed sanctions on Russia, the Kremlin's press service announced. It is estimated that following CEE/SEE countries will be hit by the retaliatory sanctions: Romania, Serbia, Hungary, Poland, Slovakia, Czech Republic, Slovenia, Bulgaria, Ukraine, Brussels, Croatia, Estonia, Latvia and Lithuania.

August 6, 2014

Analysis: Russia - Assessment of EU and Tightened US Sanctions

Special analysis covering the most recent escalation in terms of Western economic and financial sanctions against Russia: EU and US sending bold diplomatic signals without inflicting too much near-term economic and financial damage. In comparison to the US sanctions by the EU are capped in duration. Recent escalation adds to uncertainty in doing business with Russia, which is an ultimate goal of sanctions. Near-term impact of current sanctions still limited, which implies a risk that they may remain for longer.

July 31, 2014
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