I would imagine that E.U. citizenship would be one advantage (at least while there's still an E.U.) -- the ability to work and go to college inside the E.U.
One thing I wonder, since the announcement says "Eligibility is for all direct descendants [emphasis mine] of victims of Nazi-persecution in Austria," is how many generations from the victims can make that claim? Grandchildren and great-grandchildren as well as children? And into perpetuity? (It should be, by god.)
Teaneck, New Jersey