High inflation in Austria will not get any lower in 2022. According to the latest forecast by the Austrian National Bank (OeNB), the inflation rate for Austria measured by the Harmonized Index of Consumer Prices (HICP) will rise to 5.6% in 2022, followed by declines […]

Whether it is the countless Ukrainian license plates on cars, the ongoing demonstrations and fundraisers, or simply running into more Ukrainians in daily life, it has become obvious to every inhabitant of Vienna over the past two months that Russia’s brutal war in Ukraine has […]

The cooperation of the International Monetary Fund (IMF) and the State of Austria at the Joint Vienna Institute (JVI) is extended for another 4 years. The now 30-year track record of the jointly established project is thus to be continued. … Article source: https://www.vindobona.org/article/austria-and-imf-extend-agreement-on-joint-vienna-institute

The cooperation of the International Monetary Fund (IMF) and the State of Austria at the Joint Vienna Institute (JVI) is extended for another 4 years. The now 30-year track record of the jointly established project is thus to be continued. … Article source: https://www.vindobona.org/article/austria-and-imf-extend-agreement-on-joint-vienna-institute

Members of the Permanent Subcommittee on EU Affairs today addressed the review of EU trade policy, the update of the EU 2020 industrial strategy and the modernization of competition law. Particular focus was placed on accelerating the green and digital transformation and on necessary resilience […]

In March 2022, inflation, as measured by the Harmonized Index of Consumer Prices (HICP), rose by 6.8%, putting many households to the test. Whether it’s significantly higher rent or horrendous fuel prices, the price increase seems to be clearly felt everywhere. Lower-income households in particular […]

The Ministry of Health recently announced new regulations regarding Covid measures in Austria. In the future, masks will no longer be required in retail – only in certain areas such as vital trade (grocery stores, drugstores, pharmacies, etc.), health care facilities such as hospitals or […]

The joint project of the Austrian Development Bank (OeEB) and Bank Gutmann, the Gutmann OeEB Impact Fund, has just successfully completed its capital raising phase. The aim of the fund is to sustainably improve the living conditions of people in developing and emerging countries. To […]

The Permanent Court of Arbitration (PCA) officially opened a branch office in Vienna on April 14, 2022, adding one institution to the list of international organizations in Austria. The PCA is the newest addition to the 51 international organizations, institutions and quasi-international organizations based in […]

Austria and the USA will deepen cooperation in the area of dual training. To this end, a joint Memorandum of Understanding (MoU) on apprenticeship training was signed on April 13, 2022 between the Department of Commerce, Labor and Education on the U.S. side and the […]