Austria–Spain relations

Austrian–Spanish relations

Austria	Spain

The historical relations between Austria and Spain are mainly defined by the

During the so-called Austrias mayores (

Relations between Spain and Austria are excellent according to the Spanish Ministry of Foreign Affairs, there being no significant disputes or bilateral tensions or radically different positions on major issues within or outside the scope of the European Union, to which both countries belong . During the formation of the government of Mariano Rajoy, Austria has shown understanding and interest in the profound reforms carried out in Spain, supporting them within the community framework.^[1]

Economic relations

The growth of bilateral commercial relations and the overcoming of Spanish imports from Austria by exports from 2011 have been the dominant note in the economic field, together with the good results of tourism, in constant expansion. However, the Spanish investment suffered a severe blow in 2013 with the insolvency of Alpine Bau (100% subsidiary of the FCC), the largest bankruptcy in Austria by volume since World War II, which has meant the parent company losses of about 1,000 million euros.

The bilateral trade registered in 2011 for the first time a favorable surplus to Spain, with an export growth of 21.6%. The Spanish investment accumulated in Austria, about 1,400 million euros in 2012, focused mainly on infrastructure (FCC), hotel (Hotusa and NH), and confection (Inditex and Mango) and metal pipes (Tubacex).^[2]

Resident diplomatic missions

• Austria has an embassy in Madrid.
• Spain has an embassy in Vienna.

• 
  Embassy of Spain in Vienna

See also

• Foreign relations of Austria
• Foreign relations of Spain

References