Austria: History
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The Republic of Austria is created following the end of the Hapsburg empire two years prior.
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The Anschluss (union) of Austria and takes place. Hitler incorporates Austria into Germany and renames it Ostmark.
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Vienna is liberated by Soviet troops at the end of World War II. Austria is occupied by Soviet, , ., and forces.
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A treaty signed by all occupying nations establishes a neutral and independent Austria.
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Austria joins the .
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The 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.
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The euro replaces the Austrian schilling as the national currency.
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Austria is in the euro-zone debt crisis, impacting economic health due to a decline in both consumer confidence and exports.
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Border controls are reintroduced in efforts to reduce incoming refuges from Syria, the Middle East, and Africa.