Finding the Silver Lining in the Financing of the Services of General Economic Interest: How the Fourth Altmark Makes It Harder?

Total Page:16

File Type:pdf, Size:1020Kb

Finding the Silver Lining in the Financing of the Services of General Economic Interest: How the Fourth Altmark Makes It Harder? Master Thesis in European Competition Law and Regulation Finding the silver lining in the financing of the Services of General Economic Interest: How the Fourth Altmark makes it harder? by Irene Hadjiyiangou Supervised by Dr. K.J. Cseres ABSTRACT: The treatment of the Services of General Economic Interest has garnered an increasing number of academic commentary following the Altmark ruling. By creating four broadly defined criteria the Court succeeded not only to put the monitoring of SGEI high up on the list of priorities of the European Commission, but also to create a hype in regards to their interpretation and applicability. This thesis explores the fourth and most challenging Altmark criterion and seeks to clarify its scope of application. What is more, it attempts to shed some light as to the developments that the Commission has adopted throughout the years, and how they shaped the current context of SGEI. Due to the relatively new status of the Altmark criteria, and the evolving nature of the State aid rules on SGEI, there is a shortage of comprehensive analysis that is solely focusing on the unique prominence of the fourth criterion. Table of Contents INTRODUCTION ...................................................................................................................... 4 Chapter 1: SERVICES OF GENERAL ECONOMIC INTEREST: LEADING UP TO THE 2005 ALTMARK PACKAGE ................................................................................................................................ 6 1.1 Deciphering the Services of General Economic Interest ............................................................... 6 1.2 The Altmark Judgement .............................................................................................................. 9 1.3 The 2005 Altmark Package ........................................................................................................ 10 Chapter 2: THE PECULIAR CASE WITH THE FOURTH ALTMARK CONDITION ........................... 12 2.1 The interrelationship of EU Public Procurement Law and State Aid ........................................... 12 2.2 The two-tier approach to the fourth Altmark condition ............................................................ 14 2.2.1 Selection of Public Service Operator Pursuant to Public Procurement Procedure. ................. 15 2.2.2 Efficiency Benchmarking ........................................................................................................... 17 2.3 The Court methodology on the application of the condition ..................................................... 18 2.3.1 The BUPA Judgement ............................................................................................................... 18 2.3.2 TV 2/Danmark A/S and Viasat Broadcasting v Commission ..................................................... 20 Chapter 3: LEGAL AMBIGUITY AND RECENT DEVELOPMENTS ................................................. 22 3.1 The 2012 Almunia Package ....................................................................................................... 22 3.2 The Courts’ view in Germany v European Commission (Zweckverband Tierkörperbeseitigung) . 24 3.2 The Commission Notice on the Notion of State Aid ................................................................... 27 CONCLUSION .................................................................................................................... 30 INTRODUCTION The services of general economic interest (SGEI) make up the foundation of the European Union’s socio-economic model of the welfare state, a model that has as its core priority the protection of a minimum income and the access to essential services regardless of wealth or privilege.1 Those fundamental services are largely bestowed through the SGEI. The Treaty on the Functioning of the European Union (TFEU) lays down several provisions regarding the services of general economic interest, most notably with Article 106(2), which is exempting SGEI operators from the Treaty rules insofar as those rules are obstructing the performance of the public service. The TFEU however, fails to provide any definition of the notion, something that is mainly attributed to the unwillingness of the Member States to agree on the economic status of certain services. As a result, the Member States are left with wide discretion to identify SGEI, and apart from established Union rules for certain sectors, their only other constraint was the indication that there is “a manifest error of assessment”.2 The obscurity around the classification of SGEI has proved to be confusing, with the Member States repeatedly failing to apply the state aid rules on SGEI and thus, unable to properly define those services and fund them. The Altmark judgment and the subsequent Altmark Packages, in 2005 and 2012 respectively, have brought a revolution in the treatment of SGEI. The Altmark judgment established four cumulative criteria according to which, if all four conditions are satisfied, then the aid is compatible with Article 107(1) of the TFEU, and hence not a state aid. Despite, being a welcome addition to the murky realm of the SGEI, the judgment had nevertheless, only partially tackled the financing of such services, with the Court being criticised for leaving many questions unresolved and insufficiently answered.3 Particularly, the fourth criterion has been proved to be the most problematic because even if it is not met, an aid can be still found compatible with the internal market based on the exception of Article 106(2).4 This, along with other uncertainties 1 N Boeger, ‘Solidarity and EC competition law’ (2007) European Law Review 319 2 Case T-289/03 British United Provident Association Ltd (BUPA) (2008) ECLI:EU:T:2008:29, para 169 3 A Sanchez Graells, ‘The Commission’s Modernization Agenda for Procurement and SGEI’ (2012) https://poseidon01.ssrn.com/delivery.php?ID=69210200508106909909901210301303007711802002001904400610 502512306407010109302907010512103503703802300404507009408900406407206402508501406101607910602 202101208706807005002200007700209712311111110301607900400400509201109811602008806502207209507 0068022&EXT=pdf accessed 12 June 2017 4 W Sauter, ‘The Altmark package mark II: new rules for state aid and the compensation of services of general economic interest’ (2012) European Competition Law Review 307 deriving from the four conditions, led the Commission to introduce the first Altmark Package which aimed to provide guidance for the cases where SGEI did not meet all four Altmark conditions but fell within the Article 106(2) exemption. Subsequently, the second package, in 2012, implemented a number of modifications to the first Altmark package and adopted a de Minimis Regulation. As a final phase in the State Aid Modernisation initiative, the Commission implemented the much-awaited Notice on the notion of State aid, which intended to navigate the Member States through the appropriate procedures of funding SGEI without contradicting Article 107(1). The Notice aims to clarify the connection of State aid law with public procurement law by rationalising certain procurement practices and models through a State aid approach.5 The message that is being conveyed throughout the Notice is that as long as SGEI are awarded according to the EU public procurement rules then, it is safe to perceive them as State aid free.6 This paper will focus on the important legal and judicial developments that followed the judgment in Altmark. In particular, the paper will be divided into three parts. In the first part, there will be an introduction to the general principles governing the SGEI in conjunction with Article 106(2) TFEU and the complexities arising from its loose definition. Accordingly, the paper will deal with the Altmark ruling and the aftermath, namely the introduction of the first package and what that meant to the treatment of SGEI. The second part will focus on the fourth Altmark and the complex clarifications that the Court has provided on its judgements. The section will break down the fourth condition and examine how it is interpreted and supporting it with established case law. Finally, the last part will focus on the most recent developments by the Commission along with a recent case law analysis focusing on the approach of the Court to the fourth Altmark and what this conveys in regards to the evolution of the rules on SGEI. 5 G Skovgaard Ølykke, ‘Commission Notice on the notion of state aid as referred to in article 107(1) TFEU – is the conduct of a public procurement procedure sufficient to eliminate the risk of granting state aid?’ (2016) Public Procurement Law Review 197 6 Ibid Chapter 1: SERVICES OF GENERAL ECONOMIC INTEREST: LEADING UP TO THE 2005 ALTMARK PACKAGE 1.1 Deciphering the Services of General Economic Interest The European Commission defines the services of general economic interest as “economic activities that public authorities identify as being of particular importance to citizens and that would not be supplied (or would be supplied under different conditions) if there were no public intervention”.7 Sectors that according to the Commission can be SGEI are among others, the transport networks, the waste sector, the postal services and the health care.8 The access to SGEI is formally recognised in Article 36 of the Charter of the Fundamental Rights of the European Union.9 Article 107 TFEU, in turn, enables Member States from providing financial aid, insofar as this aid has social characteristics and is compatible
Recommended publications
  • Empirical Evidence from the German Interurban Bus Industry
    Joint Discussion Paper Series in Economics by the Universities of Aachen ∙ Gießen ∙ Göttingen Kassel ∙ Marburg ∙ Siegen ISSN 1867-3678 No. 31-2017 Samuel de Haas, Daniel Herold and Jan Thomas Schäfer Entry deterrence due to brand proliferation: Empirical evidence from the German interurban bus industry This paper can be downloaded from http://www.uni-marburg.de/fb02/makro/forschung/magkspapers Coordination: Bernd Hayo • Philipps-University Marburg School of Business and Economics • Universitätsstraße 24, D-35032 Marburg Tel: +49-6421-2823091, Fax: +49-6421-2823088, e-mail: [email protected] Entry deterrence due to brand proliferation: Empirical evidence from the German interurban bus industry Samuel de Haas∗y Daniel Herold ∗ Jan Thomas Sch¨afer∗. July 27, 2018 Abstract In 2016, the largest operator in the German interurban bus industry, Flixbus, acquired its major rival, Postbus. We study the effects of that takeover using route-level data covering more than 6,000 routes. We find that Flixbus, on average, provided a lower fre- quency of bus rides and slightly decreased prices after the takeover. This indicates that Flixbus pursued a strategy of preemption: to decrease residual demand for Postbus, Flixbus offered a high number of bus rides. After the takeover, Flixbus decreased the supply of transportation services and lowered the prices to compensate the consumers for the resulting increase in inconvenience costs.1 JEL codes: L11, L41, L92, K21, K23 Keywords: Competition, Takeover, Interurban Bus Services, Brand Proliferation, Entry Deterrence ∗Chair for Industrial Organization, Regulation and Antitrust, Department of Economics, Justus-Liebig- University Giessen. Licher Strasse 62, 35394 Giessen, Germany yCorresponding author, e-mail: [email protected].
    [Show full text]
  • European Postal Services and Social Responsibilities
    European Postal Services and Social Responsibilities How post offices enhance their economic, social and environmental role in society With the support of the European Social Fund, PIC Adapt With the support of European © Olivier Cahay in cooperation with with the support of www.csreurope.org This report was prepared byCSR Europe in cooperation with the Corporate Citizenship Company in the framework of a yearlong project initiated by La Poste and with the support of the EU ADAPT Programme 3 4 European Postal Services and Social Responsibilities 35 6 TABLE OF CONTENTS Acknowledgments Foreword 7 Executive summary 10 1. Introduction: background, methodology and aim of the report 12 2. Trends in Corporate Social Responsibility at European and international levels 2.1 A new paradigm in Europe 14 2.2 Corporate Social Responsibility – drivers of change 14 2.3 CSR – an evolving approach 16 2.4 Developments at European and international levels 17 3. Debate over developments in the European postal sector 3.1 Internal market for European postal services 19 3.2 Universal service safeguards 20 3.3 Pan-European co-ordination 20 3.4 Future trends 21 4. Social responsibility in action 4.1 Diversity and equal opportunity in the workforce 23 4.2 Training and career development 26 4.3 Health and safety 29 4.4 Social dialogue and employee consultation 31 4.5 Access to services for disadvantaged groups and local regeneration 32 4.6 Community involvement and charities 34 4.7 Environment 35 5. Going forwa r d: conclusions and rec o m m e n d a t i o n s 39 Appendix: The research process and roundtable discussions 41 Disclaimer: while every effort has been made to check that the contents of this report were correct at time of printing, the publishers retain sole responsibility for the contents.
    [Show full text]
  • Conference Participants
    Conference Participants Item Type Proceedings; text Citation Conference participants. Radiocarbon, 40(1), ix-xxvi (1998). DOI 10.1017/S003382220001780X Publisher Department of Geosciences, The University of Arizona Journal Radiocarbon Rights Copyright © by the Arizona Board of Regents on behalf of the University of Arizona. All rights reserved. Download date 28/09/2021 13:09:18 Item License http://rightsstatements.org/vocab/InC/1.0/ Version Final published version Link to Item http://hdl.handle.net/10150/655088 CONFERENCE PARTICIPANTS Anita T. Aerts Nathalie Asselman Centrum voor Isotopen Onderzoek Department of Physical Geography Nijenborgh 4 Utrecht University 9747 AG Groningen, The Netherlands P.O. Box 80.115 Tel: +31 50 363 4760; Fax: +31 50 363 4738 NL-3508 TC Utrecht, The Netherlands E-mail: [email protected] Tel: +31 30 253 2167; Fax: +31 30 254 0604 E-mail: [email protected] Cees Alderliesten R. J. van de Graaff Laboratorium Edouard Bard Rijksuniv. Universit6 d'Aix-Marseille III Postbus 80.000 CEREGE, EuropSle de l'Arbois NL-3508 TA Utrecht, The Netherlands B.P. 80 Tel: +31 30 253 2238; Fax: +31 30 251 8689 13545 Aix-en-Provence Cedex 4, France Tel: +33 442971561; Fax: +33 442971549 Janet Ambers E-mail: [email protected] Department of Scientific Research British Museum Eunjoo Barg Great Russell Street Korea Basic Science Institute London, WC1B 3DG, England 126-16 Anam-Dong, Seoungbuk-ku Tel: +44 171 232 8332; Fax: +44 171 323 8276 136-701 Seoul, Korea [email protected] Tel: +82-2-920-0741; Fax: +82-2-920 0708 Dr.
    [Show full text]
  • Market Research – Eastern Europe Fresh Flowers in the Czech
    . Market Research – Eastern Europe Fresh flowers in the Czech Republic .......... Proexport – Colombia Equipo de Trabajo Dirección de Información Comercial Jorge Luis Gutiérrez – Director Fernando Piñeros – Subdirector Proyectos Especiales Bibiana Gutiérrez – Analista de Inteligencia de Mercados [email protected] www.proexport.gov.co www.proexport.com.co Calle 28 No. 13ª – 15, Piso 35 Tel: (571) 5600100 Fax: (571) 5600118 Bogotá, Colombia GRUPO CONSULTOR EUNITE, Nederland Todos los derechos reservados. Ni la totalidad ni parte de este documento puede reproducirse o transmitirse por ningún procedimiento electrónico o mecánico, incluyendo fotocopias, impresión o grabación. Estimado Empresario: La búsqueda de acuerdos comerciales que nos permitan como país ampliar los escenarios y mercados de exportación, nos reta como PROEXPORT a apoyar en forma directa a los empresarios en sus iniciativas exportadoras, ofreciendo servicios dentro de un modelo del gestión comercial y compartiendo un conocimiento más detallado sobre los mercados y sus oportunidades. Para lograr lo anterior, PROEXPORT, con inversión de recursos propios y de cooperación técnica no-reembolsables del BID-FOMIN, emprendió una labor de recolección y análisis de información de primera mano en los principales mercados de interés a través de la contratación de consultorías internacionales especializadas en investigaciones de mercados. Los resultados de estos trabajos permitieron analizar y conocer la dinámica comercial de los sectores en los cuales existe un potencial para
    [Show full text]
  • Long Distance Coach Services in France and Germany: the New European Competition Between Flixbus and Blablabus Laurent Guihéry
    Long Distance Coach Services in France and Germany: the new European competition between Flixbus and BlaBlaBus Laurent Guihéry To cite this version: Laurent Guihéry. Long Distance Coach Services in France and Germany: the new European competi- tion between Flixbus and BlaBlaBus. Rivista di Economia e Politica dei Trasporti, Rivista pubblicata dalla Società Italiana di Economia dei Trasporti e della Logistica (SIET) 2019, Numero speciale su ”Il trasporto automobilistico di lunga distanza”, 1 (2019). halshs-02374703 HAL Id: halshs-02374703 https://halshs.archives-ouvertes.fr/halshs-02374703 Submitted on 27 Nov 2019 HAL is a multi-disciplinary open access L’archive ouverte pluridisciplinaire HAL, est archive for the deposit and dissemination of sci- destinée au dépôt et à la diffusion de documents entific research documents, whether they are pub- scientifiques de niveau recherche, publiés ou non, lished or not. The documents may come from émanant des établissements d’enseignement et de teaching and research institutions in France or recherche français ou étrangers, des laboratoires abroad, or from public or private research centers. publics ou privés. Long Distance Coach Services in France and Germany: the new European competition between Flixbus and BlaBlaBus Pagina | 1 Long Distance Coach Services in France and Germany: the new European competition between Flixbus and BlaBlaBus V.2 after referee – 15.09.2019 Laurent Guihéry1* 1 Professor, University of Cergy-Pontoise, MRTE, France Long distance passenger mobility is experiencing a huge structural change in France and Germany. Based on Internet technology and customer-oriented services, new entrants in interurban coach services are diversifying the options for the travelers and have been very successful.
    [Show full text]
  • Press Release
    Press Contact [email protected] +49 (0)89 235 135 132 www.FlixBus.com PRESS RELEASE FlixBus to acquire long distance coach service of Deutsche Post ++ FlixBus to integrate the Postbus-network into its green mobility platform: “one brand for all customers” ++ long term synergies between FlixBus and Deutsche Post DHL Group ++ improve network to rural areas instead of running parallel services between cities – customers benefit by strong alternative to individual transport ++ Munich/Berlin/Bonn, 03/08/2016 – FlixMobility („FlixBus“) and Deutsche Post DHL Group announced on Wednesday the acquisition of „Postbus“, the long-distance coach network of Deutsche Post DHL Group. From 1 November 2016, the first Postbus-services will be integrated to the international FlixBus mobility platform. Via long-term marketing and sales cooperation, both companies want to develop new customer segments for their respective core businesses. FlixBus is a European long distance mobility provider and brand of the FlixMobility group. The startup was founded and launched in Germany after the deregulation of the national market in 2013. By 100.000 daily connections to 900 destinations in 20 countries, FlixBus is now providing Europe’s largest network of long-distance coaches. Deutsche Post Mobility – full subsidiary of Deutsche Post DHL Group, the world’s leading logistics company – operates under the name „Postbus“ long-distance coach services to 120 destinations within Germany and to neighboring countries. Long-term synergies by long-term cooperation In a long-term sales and marketing cooperation, FlixBus products will be distributed in 5.000 Post partner retail outlets by the end of this year.
    [Show full text]
  • Travel Information for the Czech Republic
    A. Transportation Information B. Language Tips C. How to Dial Telephone Numbers D. Eating and Drinking E. Hotel Recommendations F. Reading and Movie List Travel Information for the Czech Republic A. Transportation Information Vienna: Name & Airport Code: Vienna International Airport (VIE) Web: www.viennaairport.com. The airport is located about 30 minutes from central Vienna. It is a well- connected hub, and you can expect to find several flights to get you here. To and From the Airport By commuter train: The S-Bahn is the commuter rail that will provide the most convenient connection to the city center. Take the S7 line, then hop on the train to Floridsdorf, get off at Wien Mitte- Landstraße; it will take about 25 minutes to reach the city center from the airport. Once you are in the city, take the U-Bahn wherever you would like. The station for the commuter train is one level below arrivals. Make sure you purchase a Vienna Zone 100 ticket (€1,80) and one VOR (‘outside zone’) ticket (€1,80). Validate your ticket at the red ticket machines on the train platforms before boarding; conductors will charge you if you don’t validate it! Train schedules can be found at http://www.oebb.at/en/index.jsp. By City Airport Train: (CAT) This non-stop train takes you to Wien Mitte- Landstraße in 16 minutes. It leaves on the :05 and :35 of each hour; if you are not there for those times or are headed to a different part of the city center, take the commuter train.
    [Show full text]
  • Report on Universal Postal Service and the Postal Monopoly October 2008 TABLE of CONTENTS
    Report On Universal Postal Service and The Postal Monopoly October 2008 TABLE OF CONTENTS I. Executive Summary ........................................................................................................ 1 II. Introduction and History ................................................................................................ 5 III. Definition of Universal Service Obligation and Postal Monopoly .............................. 9 A. Universal Service Features ...................................................................................9 B. Private Express Statutes .....................................................................................13 C. Mailbox Rule .........................................................................................................16 IV. Dimensions of the Universal Service Obligation ....................................................... 18 A. Range of Products ...............................................................................................18 B. Uniform Prices and Affordability ........................................................................18 C. Frequency of Delivery..........................................................................................19 D. Quality of Service .................................................................................................21 E. Access to Services and Facilities.......................................................................24 F. Geographic Scope................................................................................................29
    [Show full text]
  • Real-Time High Speed Train Rescheduling in Case of a Partial
    CASPT 2015 Infotainment in Intercity Bus Services - Customer Require- ments Analysis and Conceptual Design Joachim R. Daduna · André Richter · Stefan Voß Abstract: This paper aims at identifying the customers’ requirements towards a possible infotainment system implemented in intercity buses in public transport. Based on the customer requirements analysis a concept of an infotainment system is presented and assessed with regard to selected aspects and criteria. In addition, con- clusions are derived whether infotainment could be an advantage in competition and could increase customer loyalty. Methods of empirical research and direct question- ing with questionnaires were used to survey customers of intercity buses. Results reveal preferences towards an infotainment system in intercity buses such as internet connections via Wi-Fi, multimedia content from a digital media centre, real-time passenger information and information app content. The study offers an overview on necessary technical infrastructure for passengers’ usage and passengers’ ability to pay for infotainment services. Also bus manufacturers and intercity bus service providers get information on customer requirements and preferences towards an infotainment system as well as a financing and implementation concept to increase competitive advantages and customer satisfaction. Keywords: Infotainment system · intercity bus · customer loyalty · mobile devices · public transport · multimedia Joachim R. Daduna Berlin School of Economics and Law, Berlin, Germany E-mail: [email protected] André Richter University of Hamburg / Institute of Information Systems, Hamburg, Germany E-mail: [email protected] Stefan Voß University of Hamburg / Institute of Information Systems, Hamburg, Germany E-mail: [email protected] 1 Introduction Following the deregulation of passenger transport in Germany from the 1st of Janu- ary 2013, the German market for intercity bus services has been opened for (private) providers.
    [Show full text]
  • Travel Information for Austria
    A. Transportation Information B. Language Tips C. How to Dial Telephone Numbers D. Eating and Drinking E. Hotel Recommendations F. Reading and Movie List G. Other Travel Resources Travel Information for Austria A. Transportation Information Vienna Vienna International Airport (VIE) Web: www.viennaairport.com. The airport is located about 30 minutes from central Vienna. It is a well-connected hub, and you can expect to find several flights to get you here. It is also well-connected to downtown Vienna. To and From the Airport Vienna’s public transport system is one of the most efficient in the world. The metro system (U-Bahn) is clean and very quick and trams and buses are punctual. A one-trip ticket, standard for all forms of public transport, is available from ticket booths (Vorverkauf) at U-Bahn stations and from tobacconists. If you’re making more than two trips a day you should invest in a travel pass (Netzkarte), which allows you to travel on all forms of public transport within the city limits. You can buy a 24-hour ticket, a 72-hour ticket or a weekly pass. By commuter train: The S-Bahn is the commuter rail that will provide the most convenient connection to the city center. Look for the S7 line, then hop on the train to Floridsdorf, get off at Wien Mitte- Landstraße; it will take about 25 minutes to reach the city center from the airport. Once you are in the city, take the U-Bahn to wherever you would like. The station for the commuter train is one level below arrivals.
    [Show full text]
  • FINANCIAL REPORT 2018 About This Financial Report
    SWISS POST IS RIGHT HERE. FOR EVERYONE. FINANCIAL REPORT 2018 About this Financial Report Structure of annual reporting documents The Swiss Post annual reporting documents for 2018 consist of: – Swiss Post Annual Report – Swiss Post Financial Report (this document, consisting of the management report and corporate governance section as well as the annual financial statements for the Group, Swiss Post Ltd and PostFinance Ltd) – PostFinance Ltd Annual Report – Sustainability Report (report in accordance with the Global Reporting Initiative guidelines) – Annual Report key figures True-to-scale representation of figures in charts Charts are shown to scale to present a true and fair view. 20 mm is equivalent to one billion francs. Percentages in charts are standardized as follows: Horizontal: 75 mm is equivalent to 100 percent. Vertical: 40 mm is equivalent to 100 percent. Key for charts and tables Current year Previous year Positive effect on result Negative effect on result Languages This Financial Report is available in English, German, French and Italian. The German version is authoritative. Ordering Electronic versions of the annual reporting documents are available at www.swisspost.ch/annualreport. The Annual Report and Financial Report are also available in printed form. Forward-looking statements This report contains forward-looking statements. They are based on current management estimates and projections, and on the information currently available to management. Forward-looking statements are not intended as guarantees of future performance and results, which remain dependent on many different factors; they are subject to a variety of risks and uncertainties, and are based on assumptions that may not prove accurate.
    [Show full text]
  • Viennawelcome To
    viennaWelcome to ENJOY URBAN WAY OF LIFE AT THE CULTURAL DISTRICT MQ EVENTS IN VIENNA FROM LIFE BALL TO CHRISTMAS MARKETS COFFEE HOUSE MELANGE AND SACHER CAKE TRADITION VIENNA: WHERE QUALITY OF LIFE MEETS RICH CULTURE CONTENTS 01 WELCOME! 4 02 CLOSE TO THE BORDER 5 03 SURROUNDING AREA 7 04 EXCURSIONS 10 05 EVENTS 14 06 TRADITION 16 07 MODERNITY 20 08 AIRPORT 23 09 CONNECTIONS 27 10 INFO 29 Skyline of Vienna © Österreich Werbung/ Popp Hackner 01 WEL COME! 02 CLOSE TO THE BORDER View of the R iver Danube near S chloegen Area: 414km2 SERVUS! © Österreich Werbung/ Horvath Districts: 23 Vienna is not only the F Population: A heartfelt word of welcome “ ederal Capital Close to the Servus!” of Austria, but also the hub for many 1.7 million Cherished customs and traditions and border: travel to from Vienna, the Federal C apital of cross-border E Sea level: 171 m young free spirits come together here, U projects. Its attractive Austria! geographical location, in close proximity to a neighbouring Language: Vienna is world famous as a former im and this unique mix is reflected in the country quickly - the Central and Eastern European markets, German perial capital and city of waltz, and has a character of its inhabitants: coffee house and flexibly by makes Vienna the central point for many Currency:EURO lot to tell about earlier times. H tradition meets modern architecture car, bus, train or owever, EU-wide business relations. the city is so much more than the repu and young avant-garde actors are in boat.
    [Show full text]