Switzerland

Decline in Frozen Russian Assets in Austria

The significant drop in the volume of frozen Russian assets in Austria, as observed over the past year, mirrors a broader trend seen in other countries, where the handling and status of these assets have been dynamic and subject to legal, political, and financial considerations.

February 21, 2024

German-Speaking Foreign Ministers Discuss International Trouble Spots in Salzburg

The German-speaking Foreign Ministers Alexander Schallenberg from Austria, Annalena Baerbock from Germany, Dominique Hasler from Liechtenstein, Jean Asselborn from Luxembourg, and Ignazio Cassis from Switzerland met to discuss global and European challenges.

May 2, 2023

Patents Issued by Austria Reached Record Levels

In 2022, Austrian companies have filed more inventions with the European Patent Office than ever before. Semiconductors increased strongly.

March 29, 2023

Swiss President Alain Berset Visited Austrian President Alexander Van der Bellen

Austrian President Alexander Van der Bellen welcomed the newly inaugurated Swiss President Alain Berset. It is a tradition that newly inaugurated Swiss Presidents make their first state visits abroad in Austria. Berset also met with Chancellor Karl Nehammer, Foreign Minister Alexander Schallenberg, and many more Austrian politicians.

January 16, 2023

Austria Helps Secure Airspace for World Economic Forum in Davos

Davos, Switzerland, which is located close to the Austrian border, will once again host the World Economic Forum. The Austrian Armed Forces are helping Switzerland with air surveillance on Austrian territory.

January 16, 2023

Vienna Among Europe's Most Expensive Cities

Living in cities is expensive. A study by management consultants Mercer ranks the most expensive cities in the world. Vienna is ranked high as one of the most expensive cities in Europe. Read on if you want to know where life is most expensive.

October 18, 2022

Weekly Briefing: 66th General Conference of the International Atomic Energy Agency

The Find out more about this week's developments. Diplomacy is working at full speed and is already preparing exciting glimpses of the fall. The IAEA is holding its 66th General Conference and there are new economic developments in Austria. Read about the latest developments in diplomacy in Vienna and Austria.

September 29, 2022

Austria and Switzerland Agreed On Action Plan Against Migration

Austria and Switzerland want to cooperate even more closely in the fight against irregular migration. During a visit by Austrian Interior Minister Gerhard Karner to his Swiss counterpart Karin Keller-Sutter in Switzerland, a joint action plan was agreed upon. At the common border, cooperation is to be intensified in priority actions. In addition, pressure is to be exerted on Balkan countries such as Serbia to restrict the current visa rules.

September 28, 2022

Global Wealth Report: Austrian Financial Wealth Increased

A new analysis of global wealth shows that private financial assets have increased internationally, but also in Austria. In this article you can find out how strongly Austria's economy has developed in recent years and how much the average Austrian has in his or her bank account.

September 21, 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

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

Space Diplomacy: Switzerland and ESA Establish Space Deep-Tech Innovation Centre

Switzerland and the European Space Agency signed a Memorandum of Cooperation, establishing the center for European Space Deep-Tech Innovation at the Paul Scherrer Institute in Villigen, Switzerland.

May 18, 2022

Impact of the Ukraine War: Sobotka Meets Swiss National Council President Irène Kälin

During a visit to Switzerland, the Swiss President of the National Council Irène Kälin received Austria's National Council President Wolfgang Sobotka to discuss the situation in the Ukraine war and its consequences. Both condemned the Russian actions and promised to help each other through this difficult situation. Read on if you want to learn more about the conversation.

April 26, 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

Russia-Ukraine Conflict: Neutral Switzerland and Austria Back De-escalation

Swiss President Ignazio Cassis and Austrian Chancellor Karl Nehammer discussed the Ukraine crisis at a meeting in Zofingen, Switzerland. Read what they said about the ongoing conflict.

February 17, 2022

Meet the New Ambassadors of Congo, Bhutan, Burundi and Djibouti to Austria

The new Ambassadors of Congo, Bhutan, Burundi, and Djibouti to Austria presented their credentials to President Van der Bellen. Learn more about these new ambassadors.

January 25, 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

President of Switzerland on Official State Visit to Austria

On his first official visit to Austria as president, Swiss President Ignazio Cassis met with Austrian President Alexander Van der Bellen. Read more about the meeting between the two presidents.

January 14, 2022

Luxury Goods Group: Swarovski Drops Further in Ranking

The famous Austrian crystal glass manufacturer Swarovski has fallen a further 3 places on the global ranking of luxury goods sales. The company's sales also halved between 2017 and 2020 from 3.5 billion euros to 1.7 billion euros. Read about Swarovski's decline in sales and the general downturn in the luxury goods industry.

December 8, 2021

New Ambassador and Permanent Representative of Bhutan Presents Credentials

Tenzin Rondel Wangchuk, the new Ambassador and Permanent Representative of Bhutan to the United Nations Office at Vienna (UNOV), presented his credentials to the Director-General of the UNOV, Ghada Waly. Read about Ambassador Wanghchuk and his discussion with Director-General Waly.

November 24, 2021

Cybercrime: New High-Tech Cybercrime Center Opens in Vienna

In response to an increase in cybercrime, Austria has opened the new high-tech Cybercrime Center (C4) of the Federal Criminal Police Office. Learn about the stark increase in cybercrime and the new Cybercrime Center.

November 10, 2021

Anadi Bank: Former Deutsche Bank Board Member Becomes New Board Member for FinTech

Alp Dalkilic, a former board member at Deutsche Bank, has been appointed to the Management Board at Anadi Bank. Dalkilic is primarily responsible for the bank's FinTech strategy. Read more about Dalkilic and Anadi Bank.

November 5, 2021

Long Day of Escape: UNHCR Event in Austria on Refuge, Human Rights and Coexistence

Escape, human rights and peaceful coexistence are the focus of the UNHCR event series "Long Day of Escape", which took place for the 10th time this year.

October 1, 2021

Free PCR Gurgle Tests on Nightjet Trains to Vienna

On all Austrian Federal Railways (ÖBB) Nightjet trains to Vienna, passengers can now get free PCR gurgle test kits from the staff on board to get tested for Coronavirus.

September 1, 2021

The Chamber of Commerce Switzerland-Austria-Liechtenstein Turns 100 Years Old

The Chamber of Commerce Switzerland-Austria-Liechtenstein or Handelskammer Schweiz-Österreich-Liechtenstein (HKSÖL) has supported economic relations between the countries for 100 years. They provide professional assistance to companies in these countries and Central and Eastern Europe. The HKSÖL has facilitated a particularly successful economic relationship between Austria and Switzerland. Read more about what the HKSÖL does and the Austro-Swiss economic relationship.

August 27, 2021

Switzerland and Austria Step Up Fight Against Illegal Migration

Swiss Justice and Police Minister Karin Maria Keller-Sutter met Interior Minister Karl Nehammer to discuss the current developments in Afghanistan as well as Switzerland's accession to the migration platform.

August 23, 2021

New Ambassador of Niger to Austria Presents Credentials

The new Ambassador of Niger to Austria, Mr. Laouali Labo, presented his credentials to the President of Austria, Alexander Van der Bellen. Learn more about him.

July 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

German-Speaking Heads of State: "Possibility of More Sustainable and Resilient Era"

The heads of state of German-speaking countries met in Germany to discuss social cohesion after the Covid-19 pandemic and using the pandemic to move into a "more sustainable and resilient era". Read more about the meeting below.

June 30, 2021

EU Holds First Accession Conference with Serbia and Montenegro

At the General Affairs Council, which precedes the grand European Council, Austrian Minister for European Affairs Karoline Edtstadler has once again spoken out in favor of including Serbia and Montenegro in the EU. Other topics were the relations with Switzerland and the controversial Hungarian "anti-pedophile" law. Read more below.

June 23, 2021

Switzerland and Austria Sign Strategic Partnership Agreement

Switzerland and Austria enter in an era of even greater cooperation. The Swiss Foreign Minister, Ignazio Cassis, and his Austrian counterpart, Alexander Schallenberg, have signed a strategic partnership agreement.

June 14, 2021

Why Austria Is NOT One of the Best Countries in the World

Why a top "Quality of Life" rating is not enough to rank among the "best" countries in the world, and why expat destinations like Canada, Japan, Germany, Australia and even Switzerland are uncatchable ahead of Austria.

April 30, 2021

Schallenberg Meets German-Speaking Foreign Ministers

The Foreign Minister of Germany, Luxembourg, Switzerland, Liechtenstein and Austria met in Lugano, Switzerland, to discuss bilateral cooperation and the fight against the ongoing pandemic. Austria's Foreign Minister Alexander Schallenberg pointed out that "sustainable, trusting and friendly cooperation" had been absolutely paramount during the crisis.

April 19, 2021

Swiss President Visits Austria

The new Swiss President Guy Parmelin conducted his first trip abroad to meet with Austria's Federal President Alexander Van der Bellen and National Council President Wolfgang Sobotka in Vienna. The politicians discussed the Covid-19 situation in Europe, the Swiss relations with the EU and bilateral cooperation between Switzerland and Austria.

March 4, 2021

Austrian Minister for Economics Met German, Swiss and Liechtensteiner Counterpart

At the Quadrilateral Meeting between the Ministers of Economy from Austria, Germany, Switzerland and Liechtenstein, the topics comprised the impact of the Covid-19 pandemic on national and international economies, global trade policy and digitalization in Europe's single market system.

March 3, 2021

Swiss National Council President Aebi Met Sobotka

The Swiss National Council President Andreas Aebi and his Austrian counterpart Wolfgang Sobotka met virtually for a first exchange. Aebi, who is in office since December 2019, and Sobotka talked about the ongoing Covid-19 crisis, vaccination strategies and the relations between the EU and Switzerland.

December 18, 2020

Austrian Railways To Suspend Night Trains Between Germany and Austria

After a rise in Covid-19 cases in Germany, the Austrian Railways (ÖBB) have announced the suspension of nightly train traffic between Germany and Austria for one month starting November 8, 2020. As of today, other daytime services will not be affected and will operate as usual.

October 28, 2020

Minister President of Bavaria Meets Kurz: "Borders Need To Stay Open"

Both, the Minister President of Bavaria Markus Söder as well as Austrian Chancellor Kurz, agreed on the fact that the borders between Germany and Austria need to stay open despite an increasing numbers of Covid-19 cases in both countries.

October 9, 2020

Swiss President Welcomes Kurz

Swiss President Sommaruga and Austria's Chancellor Kurz met near Bern to discuss current topics related to the Covid-19 pandemic and the cooperation between the two countries. Kurz also met with CEOs of leading Swiss pharmaceutical companies to discuss the current vaccine developments.

September 21, 2020

German-Speaking Finance Ministers Met in Vienna

Vienna hosted the tenth informal meeting of the German-speaking finance ministers. Representatives of Germany, Liechtenstein, Luxembourg, Switzerland and Austria took part in discussions about Covid-19 and the future of taxes.

August 28, 2020

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

Foreign Direct Investment into Austria Last Year Still Unbroken

According to the Austrian Business Promotion Agency for foreign corporate investors, 462 international companies with an investment volume of 1.85 billion euros were still being supported in 2019 in establishing a business in Austria. This resulted in the creation of almost 5,000 new jobs.

July 27, 2020

Novartis Opens Production Facility for Innovative Eye Retina Product in Tyrol

The pharmaceutical company Novartis is investing EUR 27.4 million in the Kundl site in Tyrol to produce an active ingredient for a new therapy for wet age-related macular degeneration with 40 employees.

June 20, 2020

Austria: No more Border Controls with Neighbouring Countries except Italy

Restrictions on freedom of travel due to the Corona pandemic will be discontinued. The only country for which restrictions remain in place for the time being is Italy. A further evaluation is planned next week.

June 3, 2020

Investing in Vienna: All-time High for the Settlement of International Companies

In 2019, the City of Vienna in cooperation with the Austrian Business Agency (ABA) was able for the eighth time in a row to set a new settlement record with 266 international companies settling in the city. With 25 companies settling in Vienna, the USA came second in the list of the ten most important countries of origin, behind Germany with 61 projects.

June 2, 2020

Austria and Germany Agree to Open Borders on 15 June

The gradual opening of the borders between Austria, Germany and Switzerland will begin as early as Friday. From May 15th onwards there will only be spot checks at the borders between Austria and Germany, both countries announced. From 15 June, the borders are to be opened completely. Opening to Italy is not an issue for the time being.

May 13, 2020

Isolated Austria: 238 Border Closures Approved

Almost complete border closures to almost all neighbours, Germany (58), Italy (47), Switzerland (30), Liechtenstein (11), Slovenia (51) and Hungary (43), with the exception of Slovakia, have been approved by the main committee of the National Council and have already been implemented.

March 21, 2020

Austria Suspends Travel also with Great Britain, Russia, the Netherlands and Ukraine

After Italy, Switzerland, Spain, France, Iran and parts of China, Austria is now also discontinuing air and rail traffic with Great Britain, the Netherlands, Russia and Ukraine.

March 15, 2020

Highest Security Level: Austria also Suspends Travelling with Switzerland, Spain and France

In addition to Italy, air and rail traffic to Switzerland, Spain and France will now be discontinued. Alongside the existing border controls, checks are now also carried out at the border to Switzerland. The highest travel warning (security level 6) applies to all 4 countries (incl. Italy). As a result of recent decisions, security level 6 now applies to 6 countries: Italy, Iran, parts of China, Switzerland, Spain and France. The Austrian government's "goal is to prevent a situation like that in Italy with all democratic possibilities".

March 13, 2020

Austrian Airlines Extends China Flight Ban as Coronavirus Toll Climbs

AUA Austrian Airlines extends its flight suspensions to mainland China (Beijing and Shanghai) until the end of the winter flight schedule on 28 March 2020. Most recently the flights had been suspended until 29 February.

February 16, 2020
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