AUSTRIA

European banks join forces for Euro-based stablecoin

AUSTRIA Theodoros Benakis -
A group of European banks is joining forces to create a new company that will release a euro-denominated stablecoin, in a move to compete...

Austrian democratic parties agree to govern: A cordon sanitaire against the far right

AUSTRIA Theodoros Benakis -
On 27 February, the conservative People's Party (ÖVP) Executive Federal Party Chairman and likely future chancellor, Christian Stocker, announced a deal to form a...

Commission approves critical for European circular economy Constantia’s acquisition of Aluflexpack subject to conditions

AUSTRIA Theodoros Benakis -
The European Commission has approved the acquisition of Aluflexpack AG ("Aluflexpack") by Constantia Flexibles GmbH ("Constantia") under the EU Merger Regulation. This approval relies...

Austria’s wind energy sector will secure domestic energy sovereignty

AUSTRIA Theodoros Benakis -
Austria's wind industry is an emerging sector with investment projects worth over 3 billion euros in the pipeline. The year 2025 will be crucial...

Austria offers five million euros to humanitarian organisations in Afghanistan

AUSTRIA Theodoros Benakis -
The catastrophic humanitarian situation in Afghanistan has significantly worsened since the Taliban regime took power and due to frequent natural disasters. More than half...
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