Europe Top News and Analysis Austria

  • OPEC headquarters in Vienna.

    Iran will try to persuade Saudi Arabia to cut oil production when ministers from the two OPEC members meet this week, Mehr news agency reported.

  • Stress tests: Austria did 'quite good'

    Governor of the Austrian National Bank, Ewald Nowotny says that given how "very strict" the stress tests were, having only one of six banks having issues with the stress test scenario was "quite a good result".

  • Palfinger: Confident of hitting record sales this year

    Christoph Kaml, CFO at Palfinger, says the Austrian crane-maker's international businesses are making up for the weak orders in Europe.

  • Why geopolitics haven't put a chill on Austrian stocks

    Michael Buhl, Co-CEO at Vienna Stock Exchange, explains why the Austrian market has been seeing higher trade volumes despite ongoing geopolitical tensions.

  • Austria’s finance minister admitted he could not understand the reasoning behind Standard and Poor's' warning about the country’s banks.

  • OPEC headquarters in Vienna.

    Oil sitting comfortably over $100 a barrel leaves OPEC ministers with an easy task to leave output steady at their meeting.

  • Russia still good market: Austrian Central Bank president

    Claus Raidl, president of the Austrian Central Bank, says Russia is still a good market for Austrian banks despite the political tensions over the past few months.

  • A car drives past a billboard promoting a Russian bank on a main road in the southern Cypriot port of Limassol.

    Of the half a trillion dollars held by Russians outside the country, roughly two-thirds is held in accounts in just three countries.

  • New Austrian government stable on Europe

    Claus J. Raidl, president of National Bank of Austria, discusses the results of the Austrian elections after the ruling coalition lost votes to the anti-euro right wing opposition.

  •  Austria is in a good shape: Central Bank president

    Claus Raidl, president of the Central Bank of Austria, tells CNBC that it¿s positively not the case that Austria is going down the drain and these accusations are just the product of an electoral campaign.

  • A man holds a protest sign that says " no to the shutting down of banks"

    The European Union will seek on Friday to forge rules to force losses on large savers when banks fail, a sensitive reform that could shape how the euro zone deals with its sickly banks.

  • Despite cooling of talks between Austria and Poland about a possible merger of their two stock exchanges, CEO of the Warsaw index has given his strongest hint yet that a deal is drawing closer.

  • OPEC oil exporters agreed on Friday to leave output policy unchanged on Friday as oil held around the group's preferred level of $100 a barrel.

  • The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen at the headquarters building in Vienna.

    Oil traders should not lose too much sleep worrying about what OPEC, often unpredictable and quarrelsome in the past, will do when it meets next week.

  • German Chancellor Angela Merkel,  walks past flags of the European Union and Germany.

    Throughout Europe's debt crisis, northern European leaders have often said they will not stand for taxpayers having to fork out for other countries' problems, and the notion of "taxpayer-funded bailouts" has taken root.

  • France Threatens to Blacklist Austria

    Bank privacy is a "holy cow" for Austrians, Herbert Stepic, CEO of Austria's Raiffeisen Bank, tells CNBC. France has threatened to blacklist Austria if it will not move in line with EU efforts to combat tax avoidance.

  • A financial trading tax (FTT) planned by a group of euro zone nations could leave major banks, its main target, relatively unscathed while less nimble smaller trading houses, pension funds and asset managers bear the brunt.

  • River Salzach and Salzburg skyline

    The Austrian province of Salzburg did not lose money as feared from covert trades by a civil servant, but actually made money from its financial management, the province said on Wednesday.

  • OPEC agreed on Wednesday to hold its oil production limit unchanged at 30 million barrels a day, delegates at the meeting said. Ministers of the Organization of the Petroleum Exporting Countries continued in closed session to debate who should be the group's next secretary general. They were divided over candidacies from Saudi Arabia and Iraq.

  • Facebook Couples Pages Anger the Internet

    Facebook privacy campaign group europe-v-facebook plans to sue the social network in Ireland,it said on Tuesday.