Austria attracts World Bank

BusinessEconomy ♦ Published: July 22, 2010; 00:00 ♦ (Vindobona)

Austria has concluded agreements for an official residence of the World Bank Group. It provides privileges similar to those of diplomats for employees of the international organization.

Austria attracts World Bank / Picture: © Worldbank

This should motivate the international organizations to open more offices in Vienna and send employees to Vienna. Finance Minister Josef Pröll was pleased stating that it would "give impetus to the position of Vienna as an important location for international organizations."

Currently, the "Foreign Investment Advisory Service" (FIAS) and the "Vienna Centre for Financial…