Austria is a federal parliamentary representative democratic republic. Austria has a Federal President, who serves as head of state, a largely ceremonial role. The Federal Chancellor is the head of government and exercises authority over the executive branch. Two parliamentary chambers, the National Council and the Federal Council serve as the legislative body. The judiciary is independent of both the executive and legislative branches and is solely a federal entity.

Austria is a federal republic.

yes the supreme council of the union is same as the federal supreme council...

Heinz Fischer, the President of Austria, makes approximately $428,628 US dollars per year.

Federal Financial Institutions Examination Council was created in 1979.