Emirates

Austria bids to host major European AI computing centre

VIENNA, 21st June, 2025 (WAM) — The federal government of Austria, in collaboration with the local government of Vienna and several specialised companies, has submitted an official proposal to host a high-performance European computing centre dedicated to the development and operation of artificial intelligence models. Austrian Chancellor Christian Stocker said, “With this proposal, we are […]

Emirates

Austria calls for de-escalation, restraint in light of reciprocal Israel-Iran attacks

VIENNA, 15th June, 2025 (WAM) – Austrian Foreign Minister Beate Meinl-Reisinger called for de-escalation and restraint in light of the reciprocal attacks between Israel and Iran, and urged efforts to pave the way for diplomacy and a return to the negotiating table regarding Iran’s nuclear file. She stressed the need to find a diplomatic solution […]

Emirates

Fitch downgrades Austria to ‘AA’; outlook stable

VIENNA, 8th June 2025 (WAM) — Fitch Ratings has downgraded Austria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘AA’ from ‘AA+’. The Outlook is Stable. The agency attributed the downgrade to financial challenges and economic issues facing Austria, most notably the rising public debt. It explained that Austria’s financial and economic outlook has deteriorated since […]

Emirates

Economic slowdown drives up unemployment in Austria

VIENNA, 2nd June, 2025 (WAM) — Austria’s unemployment rate rose by 0.5 percent to reach 6.9 percent in May, according to the latest official data released by Statistics Austria. This reflects an increase of 24,196 people compared to the previous month. The Austrian Ministry of Labour reported that the total number of unemployed individuals and […]

Emirates

Cycling boom in Austria helps cut harmful emissions

VIENNA, 1st June, 2025 (WAM) — Cycling in Austria is currently experiencing significant growth, driven by increasing demand for eco-friendly mobility alternatives, a rising focus on the use of electric bikes in urban and suburban settings, and a general shift towards adopting bicycles as a practical solution for reducing harmful emissions. Recent figures show that […]

Emirates

Austria sees decline in asylum applications

VIENNA, 21st April, 2025 (WAM) – The number of asylum applications in Austria fell by one-third in the first quarter of this year, reaching its lowest level since mid-2020. According to official figures, applications dropped by 33 percent in the first quarter of 2025 compared to the same period last year. Austria received 4,644 applications […]

Emirates

Siemens to build new digital rail hub in Austria

VIENNA, 11th April, 2025 (WAM) — Siemens has announced a €25 million investment to establish a new digital transformation centre for the rail sector in Vienna through its subsidiary Siemens Mobility, which specialises in transport technology. According to a statement issued by the company, construction has commenced on the new facility, which will serve as […]

Emirates

Austria taking preventive measures to counter risk of foot-and-mouth disease

VIENNA, 2nd April, 2025 (WAM) — Austria intends to close small border crossings with Slovakia due to the outbreak of foot-and-mouth disease in its neighbouring country, in order to limit the spread of the disease and protect livestock in Austria. Ulrike Königsberger-Ludwig was appointed State Secretary in charge of health affairs. confirmed the completion of […]

Emirates

Austria backs EU accession of Western Balkan states

VIENNA, 22nd March, 2025 (WAM) — Beate Meinl-Reisinger, Minister of Foreign Affairs of Austria, has reaffirmed Austria’s support for the European Union’s enlargement process and praised North Macedonia’s progress on its path to EU membership. Her remarks came following a meeting with North Macedonian Foreign Minister Timčo Mucunski in Vienna, where she underscored the strategic […]

Emirates

Austria records significant drop in asylum applications

VIENNA, 22nd March, 2025 (WAM) — Austria has recorded a notable decline in the number of asylum applications, with February witnessing a 37 percent drop compared to the same period last year, bringing the total to 1,397 applications. According to the Federal Office for Immigration and Asylum, the decrease is primarily attributed to the Austrian […]

Emirates

Austria regains status as electricity exporter due to renewable energy

VIENNA, 2nd March, 2025 (WAM) — Austria has regained its status as an electricity-exporting country for the first time since 2009, driven by its transition towards clean energy, with electricity exports reaching 4,747 gigawatt-hours last year. Austrian Power Grid (APG), the national transmission system operator, attributed this achievement to the significant expansion of renewable energy […]

Emirates

Austria strengthens commitment to IAEA in tackling nuclear security challenges

VIENNA, 24th February, 2025 (WAM) – Austrian Chancellor and Foreign Minister Alexander Schallenberg met with Rafael Grossi, Director General of the International Atomic Energy Agency (IAEA), to discuss pressing global nuclear issues, according to Vienna International News. Their discussions focused on pressing issues such as nuclear risks and the role of the IAEA in monitoring […]