Careers, Jobs and Education Resources for: Austria

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Once the center of power for the large Austro-Hungarian Empire, Austria was reduced to a small republic after its defeat in World War I. Following annexation by Nazi Germany in 1938 and subsequent occupation by the victorious Allies in 1945, Austria's status remained unclear for a decade. A State Treaty signed in 1955 ended the occupation, recognized Austria's independence, and forbade unification with Germany. A constitutional law that same year declared the country's "perpetual neutrality" as a condition for Soviet military withdrawal. The Soviet Union's collapse in 1991 and Austria's entry into the European Union in 1995 have altered the meaning of this neutrality. A prosperous, democratic country, Austria entered the EU Economic and Monetary Union in 1999. (from the CIA)


Economic Overview

Austria, with its well-developed market economy and high standard of living, is closely tied to other eu economies, especially germany's. the austrian economy also benefits greatly from strong commercial relations, especially in the banking and insurance sectors, with central, eastern, and southeastern europe. the economy features a large service sector, a sound industrial sector, and a small, but highly developed agricultural sector. membership in the eu has drawn an influx of foreign investors attracted by austria's access to the single european market and proximity to the new eu economies. the outgoing government has successfully pursued a comprehensive economic reform program, aimed at streamlining government and creating a more competitive business environment, further strengthening austria's attractiveness as an investment location. it has implemented effective pension reforms; however, lower taxes in 2005-06 led to a small budget deficit in 2006 and 2007. boosted by strong exports, growth nevertheless reached 3.3% in both 2006 and 2007, although the economy may slow in 2008 because of the strong euro, high oil prices, and problems in international financial markets. to meet increased competition - especially from new eu members and central european countries - austria will need to continue restructuring, emphasizing knowledge-based sectors of the economy, and encouraging greater labor flexibility and greater labor participation by its aging population.

Environmental Issues

Some forest degradation caused by air and soil pollution; soil pollution results from the use of agricultural chemicals; air pollution results from emissions by coal- and oil-fired power stations and industrial plants and from trucks transiting austria between northern and southern europe

Government Type

Federal republic


8,205,533 (july 2008 est.)


Central europe, north of italy and slovenia


Total: 83,870 sq km land: 82,444 sq km water: 1,426 sq km

Slightly smaller than maine

Country Aliases

Conventional long form: republic of austria conventional short form: austria local long form: republik oesterreich local short form: oesterreich


Name: vienna geographic coordinates: 48 12 n, 16 22 e time difference: utc+1 (6 hours ahead of washington, dc during standard time) daylight saving time: +1hr, begins last sunday in march; ends last sunday in october

Military Service

18-35 years of age for compulsory military service; 16 years of age for male or female voluntary service; service obligation 7 months of training, followed by an 8-year reserve obligation (2006)

International Disputes

While threats of international legal action never materialized in 2007, 915,220 austrians, with the support of the newly elected freedom party, signed a petition in january 2008, demanding that austria block the czech republic's accession to the eu unless prague closes its nuclear power plant in temelin, bordering austria

Sources: Central Intelligence Agency (CIA)

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