• The Republic of Austria is created following the end of the Hapsburg empire two years prior.
  • The Anschluss (union) of Austria and Germany takes place. Hitler incorporates Austria into Germany and renames it Ostmark.

  • Vienna is liberated by Soviet troops at the end of World War II. Austria is occupied by Soviet, British, U.S., and French forces.

  • A treaty signed by all occupying nations establishes a neutral and independent Austria.
  • Austria joins the European Union.

  • The European Union imposes sanctions on Austria following the rise of their far-right Freedom Party into government. The sanctions are revoked seven months later as they are found to be counterproductive.

  • The euro replaces the Austrian schilling as the national currency.
  • Austria is in the euro-zone debt crisis, impacting economic health due to a decline in both consumer confidence and exports. 

  • Border controls are reintroduced in efforts to reduce incoming refuges from Syria, the Middle East, and Africa. 


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