Latest cross-border business, finance, investment, diplomatic and cultural activities between Austria and Russia and the 9 members of the Commonwealth of Independent States (CIS): Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan and Uzbekistan
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Austria and Russia and CIS Gross Border Relations

CEE in the Autumn of 2015 is the New Safe Haven

The key conclusion of UniCredit’s CEE Quarterly 4Q 2015 is that the CEE region, despite its heterogeneity, looks better positioned than most other large emerging markets to cope with potential challenges. In particular they found that market volatility spiked in 3Q15, with the uncertainty surrounding the anticipated Fed rate hike augmented by growing worries about a “hard landing” in China.

September 25, 2015

IAEA's Position and Road-Map Regarding Iran's Nuclear Program

The International Atomic Energy Agency (IAEA) and the Islamic Republic of Iran (Iran) agree, in continuation of their cooperation under the Framework for Cooperation, to accelerate and strengthen their cooperation and dialogue aimed at the resolution, by the end of 2015, of all past and present outstanding issues that have not already been resolved by the IAEA and Iran.

July 14, 2015

Iran Nuclear Deal: Historic Agreement in Vienna

The so-called P5+1 - the US, UK, France, China and Russia plus Germany and the EU have reached a "historic" deal with Iran on limiting Iranian nuclear activity in return for the lifting of international economic sanctions. The deal, known as the "Comprehensive Joint Plan of Action", was signed today in Vienna.

July 14, 2015

Historic Iran Nuclear Deal Likely to be Announced Early Tuesday

Officials negotiating in Vienna's Palais Coburg say nothing is confirmed, but a deal will possibly come in the early hours of the morning. Iran’s Foreign Minister Mohammad Javad Zarif said an Iran nuclear deal would not be ready to be announced July 13, as China’s Foreign Minister urged the P5+1 and Iran to finalize the accord.

July 13, 2015

FDI: Western Europe Overtakes China and North America, Austria Improved Its Position

Ernst and Young's latest European attractiveness survey has been published. FDI into Europe hits a new record with US$305b attracted into the region in 2014, translating to a 36% year-on-year growth, despite global growth slowdown. UK, Germany and France remain the preferred destinations for foreign direct investment (FDI) within Europe, while Turkey enters the Top 10. Austria improved its position in the ranking by two notches, rising to position 22 of all 44 countries analyzed.

May 29, 2015

EBRD Sees Mixed Outlook for CESEE Countries in 2015-16

The outlook for economies in central and south eastern Europe is improving on the back of eurozone monetary easing but prospects further to the east of the transition region have worsened, as the impact of Russia’s recession intensifies.

May 14, 2015

OSCE Troika Urges Advancement in Political Process Aimed at Solving Crisis in Ukraine

Foreign Ministers Dačić, Steinmeier and Burkhalter called for the immediate establishment of Working Groups as provided for in the February 12 Package of Measures for the implementation of the Minsk agreements and proposed by Special Representative Ambassador Heidi Tagliavini and the Trilateral Contact Group.

April 28, 2015

People in the News: UNODC Executive Director Yury Fedotov

Yuri Viktorovich Fedotov (born 1947) is a high level diplomat of the Russian Federation. Since 2010 he has served as the Executive Director of the United Nations Office on Drugs and Crime (UNODC) in Vienna with the rank of Under-Secretary-General, after having previously served as the Ambassador of Russia to the United Kingdom.

March 27, 2015

Austrian Doctor Treats Vladimir Putin in Moscow

Russian President Vladimir Putin, who has disappeared from the public eye since March 5th, is said to suffer from back problems, according to information from the "Kurier". He is now supposed to be treated by a Viennese orthopedic surgeon.

March 15, 2015

OSCE Special Monitoring Mission to Ukraine Deputy Chief Monitor Alexander Hug to Visit Vienna

The Deputy Chief Monitor of the OSCE Special Monitoring Mission (SMM) to Ukraine, Alexander Hug, will visit Vienna, Austria, on 5-6 March.

March 5, 2015