Vienna, 1957: Head waiters Gustav (Paul Hörbiger) and Franz (Hans Moser) are working for the stinted Cafétier Panigl and are close friiends despite of their different characters. Franz is happily married and a good family father, Gustav, a relaxed charmer, is living a calm single life. Overnight both of them become jobless, because Panigl decided to sell his Café which was not successful anymore. Right in this moment, Franz' brother is sending 20.000 Dollar from USA. Money, he once peculated and now wants to pay back.. Gustav and Franz are buying half of the Café for each from the unexpected money. One half they develop as the modern Musicbox-Espresso «Pinguin», the other half as a traditional old style Vienna Café . Misunderstandings between guests and generations are inevitable and stretch the long term friendship of the two waiters.
Vickie, short for Victoria, is crowned Queen of England and as such needs to learn the responsibilities of her new post.
It is the year 2000 and the World Global Union is in charge, although other countries are allowed to elect their own government leaders, as long as they support the Union. When Austria's newly-elected president, played by Josef Meinrad, makes his inauguration speech he declares Austria independence and issues an edict ending Austria's financial support for the Global Union.