• 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.

Sources:

BBC News open_in_new
Britannica open_in_new