Austria: History
-
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.
-
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.
Sources:
BBC NewsBritannica