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New York Times
22-07-2025
- Business
- New York Times
Austria Prepares to Give Up ‘Dream' of Disarmament
Austria's government will make good on pledges to double its military budget over the next seven years, its chancellor has affirmed, in the latest example of a newly unsettled global outlook driving a boom in defense spending in Europe. The chancellor, Christian Stocker, who took office in March and is a member of the center-right Austrian People's Party, told The New York Times in an interview in Vienna on Monday that the historically neutral Alpine nation must respond to growing threats and uncertainties. That means reversing a decades-long trend of shrinking military budgets as a share of the economy. 'After the fall of the Iron Curtain, after a peace effort that evolved from the 1970s under Jimmy Carter, disarmament was a dream that was dreamed but is now over,' Mr. Stocker said. His comments are the latest response from European leaders to a rapidly changing security situation on the continent, which has wiped out the so-called 'peace dividend' many countries enjoyed after the Cold War. Countries across Europe have pledged to ramp up military spending in the face of Russia's three-year invasion of Ukraine and fears that the United States will pull back some or all of the troops, weapons and other support that have for decades helped guarantee European security. Austria's neighbor Germany has pledged to spend 5 percent of its annual economic output on military and strategic infrastructure, an increase financed in part by additional borrowing. Its fellow NATO members committed to the same target last month, under prodding from President Trump. Want all of The Times? Subscribe.
Yahoo
26-05-2025
- Politics
- Yahoo
A court has acquitted Austrian ex-leader Sebastian Kurz of making false statements
VIENNA (AP) — A court in Vienna on Monday acquitted former Austrian Chancellor Sebastian Kurz of making false statements to a parliamentary inquiry into alleged corruption in his government, reversing a verdict from last year in which Kurz was given a suspended prison sentence. A panel of judges at Vienna's upper state court acquitted Kurz after a short appeal hearing, the Austria Press Agency reported. The case centered on Kurz's testimony to an inquiry that focused on the coalition he led from 2017, when his conservative Austrian People's Party formed a coalition with the far-right Freedom Party, until its collapse in 2019. Prosecutors accused the 38-year-old of having given false evidence in June 2020 regarding his role in the setting up of a holding company, OeBAG, which administers the state's role in some companies, and the appointment of his former close confidant Thomas Schmid to its leadership. In February 2024, Kurz was found guilty of making false statements about the appointment of the company's supervisory board, though not about that of Schmid. He was given an eight-month suspended sentence.


Arab News
26-05-2025
- Politics
- Arab News
A court has acquitted Austrian ex-leader Sebastian Kurz of making false statements
VIENNA: A court in Vienna on Monday acquitted former Austrian Chancellor Sebastian Kurz of making false statements to a parliamentary inquiry into alleged corruption in his government, reversing a verdict from last year in which Kurz was given a suspended prison sentence. A panel of judges at Vienna's upper state court acquitted Kurz after a short appeal hearing, the Austria Press Agency reported. The case centered on Kurz's testimony to an inquiry that focused on the coalition he led from 2017, when his conservative Austrian People's Party formed a coalition with the far-right Freedom Party, until its collapse in 2019. Prosecutors accused the 38-year-old of having given false evidence in June 2020 regarding his role in the setting up of a holding company, OeBAG, which administers the state's role in some companies, and the appointment of his former close confidant Thomas Schmid to its leadership. In February 2024, Kurz was found guilty of making false statements about the appointment of the company's supervisory board, though not about that of Schmid. He was given an eight-month suspended sentence.

Associated Press
26-05-2025
- Politics
- Associated Press
A court has acquitted Austrian ex-leader Sebastian Kurz of making false statements
VIENNA (AP) — A court in Vienna on Monday acquitted former Austrian Chancellor Sebastian Kurz of making false statements to a parliamentary inquiry into alleged corruption in his government, reversing a verdict from last year in which Kurz was given a suspended prison sentence. A panel of judges at Vienna's upper state court acquitted Kurz after a short appeal hearing, the Austria Press Agency reported. The case centered on Kurz's testimony to an inquiry that focused on the coalition he led from 2017, when his conservative Austrian People's Party formed a coalition with the far-right Freedom Party, until its collapse in 2019. Prosecutors accused the 38-year-old of having given false evidence in June 2020 regarding his role in the setting up of a holding company, OeBAG, which administers the state's role in some companies, and the appointment of his former close confidant Thomas Schmid to its leadership. In February 2024, Kurz was found guilty of making false statements about the appointment of the company's supervisory board, though not about that of Schmid. He was given an eight-month suspended sentence.


The Independent
26-05-2025
- Politics
- The Independent
A court has acquitted Austrian ex-leader Sebastian Kurz of making false statements
A court in Vienna on Monday acquitted former Austrian Chancellor Sebastian Kurz of making false statements to a parliamentary inquiry into alleged corruption in his government, reversing a verdict from last year in which Kurz was given a suspended prison sentence. A panel of judges at Vienna's upper state court acquitted Kurz after a short appeal hearing, the Austria Press Agency reported. The case centered on Kurz's testimony to an inquiry that focused on the coalition he led from 2017, when his conservative Austrian People's Party formed a coalition with the far-right Freedom Party, until its collapse in 2019. Prosecutors accused the 38-year-old of having given false evidence in June 2020 regarding his role in the setting up of a holding company, OeBAG, which administers the state's role in some companies, and the appointment of his former close confidant Thomas Schmid to its leadership. In February 2024, Kurz was found guilty of making false statements about the appointment of the company's supervisory board, though not about that of Schmid. He was given an eight-month suspended sentence.