Austria is a landlocked German speaking country in Central Europe. The population of the country is around 8 million. Austria is popular for summer tourists who visit its historic cities and villages and hike through the magnificent alpine scenery.
Austria was once the German speaking core and center of power for the large, multiethnic Austro-Hungarian Empire. With the imperial capital in Vienna, this empire stretched eastwards from present-day Austria through much of east-central and south-central Europe
Austria’s economy benefited greatly from its entry into the EU in 1995, the introduction of the Euro in 2002, and its growing commercial relations–especially in the banking and insurance sectors–in central, eastern, and southeastern Europe. Austria has high standards of living and close ties to other EU economies, especially Germany.