Tuesday, October 11, 2022

Austria files case over EU's 'green' gas and nuclear label

Vienna filed a case against the European Union and is seeking support from other European capitals over the bloc's labeling of gas and nuclear power as sustainable investment options.

The issue is with the EU's so-called taxonomy — a system that defines which investments can be


Migration again a hot topic in Austria as flows increase ‘dramatically’

Migration issues long dominated Austrian politics, contributing to the historically strong far-right presence in politics. With COVID-related travel restrictions loosening and conflicts sparking, Austria is in the midst of another refugee uptick.

The number of people seeking asylum


Why is Austria detaining so many South Asian migrants?

The Austrian Interior Ministry's decision to impose targeted border controls to curb smuggling and asylum abuse has led to the detention of 68,800 migrants and asylum-seekers who have tried to enter the central European country through irregular means in the past five months.


Gazprom Resumes Flows to Italy via Austria as Spat Resolved

Gazprom PJSC said it has found a solution with Italian buyers to overcome the regulatory changes in Austria at the end of September that were preventing transit flows, according to a company statement on Telegram. Benchmark gas futures fell as much as 4.7% after the news.


Xi Jinping congratulates Van der Bellen on re-election as Austrian president

Chinese President Xi Jinping on Monday congratulated Alexander Van der Bellen on his re-election as the federal president of Austria.

In his message, Xi said he attaches great importance to China-Austria relations and stands ready to work with Van der Bellen to push for new develo


Ukraine war: Five reasons why Kyiv won't join the NATO military alliance any time soon

Kyiv reacted to Russia's annexation of four Ukrainian regions by announcing a surprise, fast-tracked bid to join the NATO military alliance.

Existing members Poland, Romania, Slovakia, Czech Republic, Estonia, Latvia, Lithuania, Montenegro and North Macedonia back the bid.


Energy crisis: Europe's gas prices hit three-month low as demand falls

Europe's gas prices have reached a three-month low, as demand from industry and households declines.

Prices at the Dutch Title Transfer Facility (TTF), Europe's leading trading hub, hovered on Monday around €150 per megawatt-hour, falling at times below that mark, to then settle