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Austria Strengthens its Commitment to the Reconstruction of Ukraine at the Gymnich Meeting
While the EU foreign ministers reaffirmed their solidarity with Ukraine at the Gymnich meeting in Warsaw and discussed security policy decisions for Europe, the Austrian federal government also sent a clear signal: Wolfgang Anzengruber, an experienced economic and energy expert, was appointed national coordinator for the reconstruction of Ukraine.
Yesterday
Austria Plans Holocaust Museum: Government Launches Feasibility Study
The Austrian Federal Government unanimously approved a feasibility study for establishing a Holocaust Museum. This marks the start of a politically and socially significant process which - more than 80 years after the end of the Second World War - is intended to permanently anchor the memory of the systematic extermination of Jewish life by the Nazi regime in the center of the capital.
Yesterday
Joint European Police Raids on Benko in Austria, Italy, and Germany
In one of the largest cross-border raids in recent years, an international team of investigators has taken action against the imprisoned former real estate mogul René Benko and his Signa empire. Officials from Austria, Germany, and Italy simultaneously searched dozens of properties - including the Tyrol department store in Innsbruck, the Signa headquarters in Vienna's Palais Ferstel, and several warehouses and foundation offices.
May 7, 2025
EU Commission Initiates Several Infringement Proceedings Against Austria
The European Commission has initiated a series of infringement proceedings against Austria. Brussels sees considerable omissions in several areas - from customs and labor law to environmental law. Particularly explosive is a complaint before the European Court of Justice (ECJ) due to a far-reaching dispute of competence in the Danube Commission, which is steeped in tradition. Austria is therefore facing a wide range of accusations under European law.
May 7, 2025
Austria Raises a Further 1.5 Billion Euros via Federal Bonds
The Republic of Austria has successfully placed federal bonds with a total value of 1.5 billion euros on the capital market. According to the Federal Financing Agency (OeBFA), demand for the securities was once again high - a sign of continued confidence in the Republic's creditworthiness.
May 6, 2025
Reza Najafi Returned to Vienna as Iran's Permanent Representative
The Islamic Republic of Iran has sent a clear signal of continuity and diplomatic professionalism with Reza Najafi's return as its new Permanent Representative to the United Nations in Vienna. Not so long ago, His Excellency presented his credentials to Ghada Waly, Director-General of the United Nations Office at Vienna (UNOV), marking the second time he has assumed this key diplomatic post at a time when the future of the international nuclear agreement (JCPOA) is once again at a diplomatic crossroads.
May 6, 2025
OSCE Conference in Vienna: Joint Strategies for Climate Security and Resilience
Under the motto “Resilient Together in a Changing Climate”, over 140 representatives from the 57 OSCE participating States, partner countries, international organizations, and civil society gathered in Vienna. The event was organized as part of Finland's OSCE Chairmanship 2025 and was dedicated to strengthening resilience to the security challenges posed by climate change.
May 5, 2025
Erste Group Expands into Poland: Takeover of Santander Bank Polska worth Billions
The Austrian Erste Group Bank AG has announced a step towards expansion in Central and Eastern Europe. The bank is acquiring a 49 percent stake in Santander Bank Polska for around EUR 6.8 billion and a 50 percent stake in asset manager Santander TFI for a further EUR 200 million. This transaction made Erste Group the third-largest bank in Poland and expanded its customer base in the region to around 23 million people.
May 5, 2025
Concordia Ball 2025: An Anniversary Celebration for Freedom of the Press and Waltz Tradition
On May 23, 2025, Vienna City Hall will again be transformed into a glittering ballroom when the 125th Concordia Ball takes place. Organized by the Concordia Press Club, this traditional ball is dedicated to freedom of the press and at the same time honors Vienna's musical heritage.
April 29, 2025 · Sponsored Content
Wiiw Forecast: Central and Eastern Europe Remain on Solid Growth Path Despite Trump’s Tariffs
Despite mounting global trade tensions, Central, Eastern, and Southeastern Europe (CESEE) economies are set to maintain strong growth in 2025, according to the latest Spring Forecast published by the Vienna Institute for International Economic Studies (wiiw). The report highlights the region’s resilience in the face of U.S. President Donald Trump’s protectionist policies and broader global uncertainties.
April 29, 2025
Vienna Welcomes Sainer's Vibrant 'Kolorganism' Exhibition at Künstlerhaus with the Support of the Polish Embassy
Venna’s historic Künstlerhaus became the stage for a striking encounter with contemporary art as it hosted the vernissage of Kolorganism, the latest exhibition by Polish artist Przemysław Blejzyk, widely known by his artistic moniker, Sainer. Organized as part of the International Cultural Programme accompanying Poland’s 2025 EU Council Presidency, the event drew a full house of art lovers, cultural figures, politicians, and diplomats, all eager to immerse themselves in Sainer’s colorful world.
April 28, 2025
Nuclear Dispute: Iran Urges Talks with Europe - Vienna and Oman as Key Factors
In the struggle to save the international nuclear agreement with Iran, Tehran wants to seek a meeting with the European signatory states before a possible new round of talks with the USA. According to diplomats, such a meeting could take place soon if the planned round of negotiations with the United States comes to fruition. In the meantime, the International Atomic Energy Agency (IAEA) has called on Iran to explain suspicious facilities near its suspected nuclear sites.
April 28, 2025
Vienna Election 2025: SPÖ Leads, FPÖ Surges, Coalitions Still Unclear
The results of Vienna’s 2025 municipal elections confirm major political shifts in Austria’s capital. While the Social Democratic Party (SPÖ) maintained its leading position, the Freedom Party (FPÖ) posted historic gains. For expats and new residents of Vienna, the election reflects significant changes in the city’s political landscape that could influence future policies on housing, transport, and climate action.
April 28, 2025
The Western Balkan Mafia and its Operations: Vienna's Most Dangerous Shadow War
It is a hidden war that has long since left its mark in the heart of Vienna: The merciless power struggle between the Kavač and Škaljari clans, two of the most powerful drug cartels in Europe, is shaking not only their home country of Montenegro but also Austria and the rest of the world. One of Europe's most wanted criminals from these cartels has vanished into thin air. Austria is determined to track him down.
April 28, 2025
Peter Edelmann Takes Over the Directorship of Klosterneuburg Opera with Puccini's “Tosca” as a Prelude
The renowned opera festival “operklosterneuburg” is entering a new era in 2025 with a breath of fresh air and great artistic ambition: the internationally renowned baritone and experienced opera director Peter Edelmann has been introduced as artistic director. His first season gets off to a spectacular start, with a new production of Giacomo Puccini's opera classic “Tosca”, which premieres on July 5, 2025, in the venerable imperial court of the Augustinian canons' monastery.
April 24, 2025 · Sponsored Content
Russian Court of Appeal Confirms Billion-Dollar Fine Against Raiffeisen Subsidiary
A Russian appeals court in St. Petersburg has confirmed the decision of a court of first instance, according to which the Russian subsidiary of Raiffeisen Bank International (RBI), AO Raiffeisenbank, must pay over two billion euros to the Cypriot company Rasperia Trading Limited. However, this could also mean two exemptions at the same time - and one of them in Austria.
April 24, 2025
Austrian Company Palmers: Hope for Rescue by International Investor
The traditional Austrian underwear manufacturer Palmers, which had to file for insolvency in February 2025, may be about to be rescued by a foreign investor. The regional court in Wiener Neustadt has decided that the company can continue to operate for now, but financial support is urgently needed.
April 24, 2025
Rosenkranz Meets Orbán in Budapest: Political Rapprochement Causes Criticism
National Council President Walter Rosenkranz (FPÖ) has made an official visit to Budapest and met with Hungary's Prime Minister Viktor Orbán and other leading representatives of the right-wing nationalist governing party Fidesz.
April 23, 2025
Strengthening the Economic Bridge Between China and Austria at the 15th Investment Seminar in Vienna
The 15th seminar on “Austria as an investment location” took place in the Austrian capital in the context of growing economic ties between China and Europe. The event was organized by the Embassy of the People's Republic of China in Vienna, under the direction of Ambassador Qi Mei. The high-caliber event brought together representatives from Austrian federal authorities, economic institutions, and federal states as well as numerous executives from Chinese companies operating in Austria.
April 21, 2025
Pope Francis Deceased: Expressions of Grief From Austria
Pope Francis died on Easter Monday at the age of 88. As the Vatican confirmed, the Holy Father succumbed to the consequences of a stroke. The world is mourning the loss of a head of the Church who championed social justice, interreligious dialogue, and a church of closeness like no other. Many voices of grief and condolences have also been heard from Austria.
April 21, 2025
ECB Cuts Key Interest Rate Again: Vienna Stock Exchange Reacts Cautiously
The European Central Bank (ECB) cut its key interest rate again, for the seventh time since June 2024. The deposit rate, a key reference value for banks and savers, was lowered by 0.25 percentage points to 2.25 percent. The measure had been expected, but its frequency and the tone of the ECB's communication make it clear that the situation is serious.
April 17, 2025
Austria Backs Multilateralism and Calls for Strengthening of International Cooperation in Vienna
Austrian Foreign Minister Beate Meinl-Reisinger opened the constituent meeting of the Council for Austrian Integration and Foreign Policy (RIA) in Vienna. In her speech, she emphasized the central role of multilateral organizations such as the EU, the UN, and the OSCE in ensuring security and stability in the face of global tensions.
April 17, 2025
Austria Wants to Attract U.S. Researchers to Europe as a Science Location
In view of drastic cuts in research funding by the US government under President Donald Trump, the American scientific landscape is currently experiencing considerable turbulence. This development offers European countries, especially Austria, the opportunity to attract highly qualified researchers and strengthen their own research location.
April 17, 2025
OSCE Secretary General Emphasizes Central Role of the Organization for Europe's Security at Antalya Diplomacy Forum
At this year's Antalya Diplomacy Forum (ADF), the Organization for Security and Co-operation in Europe (OSCE) was the focus of numerous discussions on the future of the European security architecture. The Secretary General of the OSCE, Feridun H. Sinirlioğlu, emphasized the importance of the organization as a platform for dialogue, stability, and multilateral cooperation.
April 17, 2025
IAEA Director General Rafael Grossi Visits China
During a week-long visit to China, Rafael Mariano Grossi, Director General of the International Atomic Energy Agency (IAEA), achieved significant progress in enhancing cooperation between the IAEA and China. The discussions focused on promoting the peaceful use of nuclear energy, supporting sustainable development in the Global South, and advancing innovative nuclear technologies.
April 15, 2025
India's Finance Minister Visits Vienna to Intensify Trade and Economic Partnership
The visit of Indian Finance Minister Nirmala Sitharaman to Vienna marks a significant step towards deepening bilateral relations between Austria and India. The talks with Foreign Minister Beate Meinl-Reisinger and Finance Minister Markus Marterbauer focused on strengthening economic cooperation, particularly in the areas of digitalization, green technologies, and the exchange of skilled workers.
April 15, 2025
Tri-national Military Exercise in Austrian Allentsteig with Almost 1,000 Swiss Soldiers
The multinational military exercise “TRIAS25” began at the Allentsteig military training area in Lower Austria. Around 1,300 soldiers from Switzerland, Germany, and Austria will be training together until May 9. The exercise aims to strengthen the interoperability of the armed forces and test new operational concepts.
April 15, 2025
Tyrolean Biotech Company Cyprumed Closes 493 Million Dollar Deal with American MSD
The Innsbruck-based biotechnology company Cyprumed GmbH is making international headlines with a multi-million dollar license deal: Together with the U.S. pharmaceutical group MSD (Merck & Co., Inc.), the company has signed an agreement worth up to 493 million US dollars. The aim is to develop innovative tablet formulations for peptide drugs - a potential game changer in modern drug therapies.
April 15, 2025
OMV Stops Fuel Procurement from Serbian NIS due to U.S. Sanctions
The Austrian oil, gas, and chemicals group OMV has stopped purchasing fuel from the Serbian energy company Naftna Industrija Srbije (NIS) due to the threat of U.S. sanctions. NIS is majority-owned by the Russian companies Gazprom Neft and Gazprom.
April 10, 2025
Austria's Verbund Takes Over 272 MW Wind Project in Romania
The partly state-owned Austrian energy group Verbund has acquired a fully developed wind power project with a capacity of 272 megawatts (MW) from the Monsson Group via its Romanian subsidiary Verbund Wind Power Romania. The project is located in Caraș-Severin County in southwestern Romania and is expected to drive forward the energy transition in Europe.
April 10, 2025
Meet Egypt's Ambassador to Austria and Permanent Representative to the United Nations in Vienna
Meet Mohamed Ibrahim Nasr Salem, Egypt's new Ambassador to Austria and Permanent Representative to the United Nations and other international organizations in Vienna.
April 10, 2025
FACC Recovers Millions Lost in Sophisticated Fraud Scheme: Spotlight on China’s Role in International Asset Recovery
Austrian aerospace manufacturer FACC, based in Ried im Innkreis, has finally recovered €10.8 million, nearly a decade after falling victim to one of the largest corporate fraud cases in the country's history. The case, which involved deceptive emails, impersonation of top executives, and complex international money transfers, not only reshaped the company’s internal controls but also tested the limits of global legal cooperation—especially between Austria and China, where a portion of the stolen money had been frozen for years.
April 10, 2025
Austrian Securities Ownership Reaches New Heights
A recent survey reveals a significant increase in the number of Austrians investing in securities, highlighting a shift towards private pension planning amid economic challenges.
April 9, 2025
U.S. Tariffs Cause Tensions: Austria between Willingness to Negotiate and Strong Response
Transatlantic economic relations are once again being put to the test. Following the US decision to impose import tariffs on European products - particularly steel, aluminum, and a range of industrial goods - under former President Donald Trump, the EU has responded with a second package of sanctions. Stakeholders in Austria are also taking a clear stance - between calls for diplomacy and calls for consistency.
April 9, 2025
Voices from Vienna Against Republika Srpska Leaders Amid Constitutional Crisis in Bosnia and Herzegovina
In an unprecedented diplomatic move, Austria and Germany have imposed targeted travel bans against three high-ranking officials from Republika Srpska (RS) – including RS President Milorad Dodik – accusing them of endangering the constitutional integrity of Bosnia and Herzegovina (BiH). Meanwhile, the OSCE condemned legislative and institutional moves undermining BiH’s sovereignty and legal structure as well as assuring the organization's support for stability in the region.
April 9, 2025
Economic Dialogue with a Signaling Effect: China and Austria Intensify Cooperation
Economic relations between the People's Republic of China and Austria have taken a significant step forward. The focus was on the official visit of a high-ranking Chinese business delegation led by Ren Hongbin, President of the China Council for the Promotion of International Trade (CCPIT), accompanied by intensive talks with political decision-makers, entrepreneurs, and institutions in Vienna.
April 7, 2025
René Benko Remains in Pre-Trial Custody: Investigations Against Signa Founder Widen
The Regional Court for Criminal Matters in Vienna has extended the pre-trial detention of Austrian real estate entrepreneur René Benko by a further two months. The court cited the continuing danger of the offense as the reason for this.
April 7, 2025
China's Ambassador QI Mei in Dialogue with Austrian Parliamentary Leadership
The Chinese Ambassador to Austria, QI Mei, held important diplomatic talks with leading representatives of the Austrian Parliament to further deepen bilateral relations between China and Austria. Within a few days, the Ambassador held talks with the two top representatives of the Austrian legislature - National Council President Dr. Walter Rosenkranz and Federal Council President Dr. Andrea Eder-Gitschthaler.
April 6, 2025
Strengthening Neighbourly Ties: Swiss Ignazio Cassis Receives Austrian Foreign Minister Meinl-Reisinger
Despite a time of increasing geopolitical challenges, the traditional neighborly dialogue between Switzerland and Austria is gaining importance. Against this backdrop, a bilateral working meeting took place in Bern between Austrian Foreign Minister Beate Meinl-Reisinger and her Swiss counterpart, Federal Councillor Ignazio Cassis. The meeting aimed to deepen existing relations and discuss joint solutions for current political and security policy issues.
April 6, 2025
Vienna Plans Traffic-Restricted Inner City with Camera-Based Access Control
After years of discussion, the traffic restriction measures in Vienna's inner city are about to be implemented. A planned amendment to the Road Traffic Act (StVO) is to create the legal framework for automated camera access management. This amendment is being submitted to the government by Transport Minister Peter Hanke (SPÖ) and is due to come into force on January 1, 2026.
April 6, 2025
New UN Ambassador Gregor W. Kössler: An Experienced Diplomat for Austria's Voice in New York
Gregor W. Kössler, Austria's new Permanent Representative to the United Nations, presented his credentials to UN Secretary-General António Guterres. Meet Ambassador Gregor W. Kössler, Austria's top diplomat in New York City.
April 2, 2025
Polish Diplomats Discuss New Geopolitical Reality at Conference in Vienna
Under the title “European Security in the New Geopolitical Reality”, political and diplomatic representatives, as well as experts, gathered to discuss Europe's security policy challenges in times of global upheaval. The conference, organized by the Polish Embassy in Vienna and the Institute for the Danube Region and Central Europe (IDM), sent a strong signal about the need for a common European course.
April 2, 2025
French Ambassador Matthieu Peyraud Meets Sociologist Michel Wieviorka
The French Ambassador to Austria, Matthieu Peyraud, met the renowned sociologist Michel Wieviorka in the run-up to the 33rd Jewish Film Festival Vienna. Wieviorka, known for his extensive research on anti-Semitism, racism, and terrorism, gave a lecture on “Combating anti-Semitism among young teachers and students” at the festival opening.
April 2, 2025
China's Ambassador Visits the Austrian Theatres-Holding in Vienna
The recent visit of Chinese Ambassador Qi Mei to the Bundestheater-Holding underlines the increasing importance of cultural exchange between Austria and China. The focus is on joint theater projects, artist exchanges, and the strengthening of bilateral relations in the performing arts.
April 2, 2025
Taxes Rising, Deficit Growing: Austria Faces EU Criminal Proceedings
Austria is threatened with EU deficit proceedings - at 4.7 percent of GDP, the budget deficit is well above the Maastricht limit. To counteract this, the federal government is taking the first noticeable steps - above all, tax increases on tobacco, betting, e-vehicles, and court fees. However, experts warn that the road to budget consolidation is rocky and politically explosive.
April 1, 2025
India and the IAEA Intensify Cooperation: Focus on Nuclear Energy for Development and Health
During a high-level visit to India, Rafael Mariano Grossi, Director General of the International Atomic Energy Agency (IAEA), is strengthening cooperation with New Delhi in the areas of nuclear energy, training and the fight against cancer. A new hub for cancer treatment, a course in nuclear technology, and a clear geopolitical signal are the focus.
April 1, 2025
Ambassador Qi Mei Visits the University of Vienna: Sinology as a Bridge between China and Austria
In the spirit of bilateral relations between China and Austria, the Chinese Ambassador to Austria, Qi Mei, paid an official visit to the Department of East Asian Studies and Sinology at the University of Vienna. Her visit underlined the growing importance of academic exchange and intercultural understanding in an increasingly interconnected world.
April 1, 2025
Former Chancellor Karl Nehammer Nominated for Top Job at EU Bank
Finance Minister Markus Marterbauer (SPÖ) has nominated former Federal Chancellor and ex-ÖVP leader Karl Nehammer for a position on the Board of Directors of the European Investment Bank (EIB).
April 1, 2025
Vienna as a Safe Haven for Ukrainian Corruption Suspects
In recent years, Vienna has become a preferred retreat for Ukrainian citizens who are wanted in their home country on corruption charges. Among them are high-ranking personalities such as the former head of the National Bank, Kyrylo Shevchenko, a former deputy minister, the chairman of a state-owned arms company, a former member of parliament, and several oligarchs. Austria's cautious extradition practice compared to countries such as Germany or Poland contributes to this trend.
March 31, 2025
Hope for De-escalation: Iran and IAEA Continued Talks on Nuclear Program
A new attempt to revive cooperation between Iran and the International Atomic Energy Agency (IAEA) gives cause for hope. A meeting in Vienna between IAEA Director General Rafael Grossi and Iranian Deputy Foreign Minister Kazem Gharibabadi marks a potential turning point in an increasingly tense geopolitical conflict over Iran's nuclear program.
March 31, 2025
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