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  • Austria is in a good shape: Central Bank president  Tuesday, 24 Sep 2013 | 2:30 AM ET

    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.

  • EU to Decide Who Pays When Banks Fail Friday, 21 Jun 2013 | 2:30 AM ET
    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.

  • Poland, Austria Exchange Tie-Up Nearing Solution Thursday, 6 Jun 2013 | 2:12 AM ET

    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 Holds Line on Output, Surprising None Friday, 31 May 2013 | 8:06 AM ET

    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.

  • Worried About OPEC Meeting? You May Be the Only One Tuesday, 28 May 2013 | 8:25 AM ET
    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.

  • The Euro Crisis Is Actually Saving Germany Money Thursday, 2 May 2013 | 4:19 AM ET
    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  Thursday, 11 Apr 2013 | 11:50 AM ET

    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.

  • Large Banks Seen Dodging EU Financial Tax Bullet Thursday, 24 Jan 2013 | 1:35 AM ET

    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.

  • Salzburg Says Finances Safe Despite Trading Scandal Thursday, 17 Jan 2013 | 2:50 AM ET
    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 Agrees to Keep 30 Million Bpd Oil Target: Delegates Wednesday, 12 Dec 2012 | 7:39 AM ET

    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.

  • Europe vs. Facebook: Students Plan to Sue Tuesday, 4 Dec 2012 | 3:09 AM ET

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

  • The World's Best Places to Live Monday, 3 Dec 2012 | 8:14 PM ET
    Zurich, Switzerland

    Is there a city that is crime and pollution free with excellent transportation and great schools? Find out where the best quality of life is.

  • FRANKFURT, Nov 5- When the European Parliament turned Yves Mersch down for a top central banking post, it wasn't because he lacked the expertise or experience; they rejected him because he is a man. Mersch, a Luxembourger who is highly regarded by his peers, had been expected to get the job on the European Central Bank's all-male board anyway.

  • Polls indicate the race between President Barack Obama and Republican challenger Mitt Romney will be very close with the risk of a change in fiscal and monetary policy in the world's largest economy keeping investors on the sidelines.

  • FRANKFURT, Nov 6- The European Central Bank is set to leave interest rates unchanged on Thursday, deferring a cut in borrowing costs that would risk undermining the impact of Mario Draghi's signature policy a year into his ECB presidency.

  • LONDON, Nov 6- Low-risk German government bonds edged up, with investors wary of placing big bets before Tuesday's close-run U.S. election and a Greek parliamentary vote on crucial austerity measures.

  • ANALYSIS-Women challenge central banking men's club Monday, 5 Nov 2012 | 1:29 PM ET

    FRANKFURT, Nov 5- When the European Parliament turned Yves Mersch down for a top central banking post, it wasn't because he lacked the expertise or experience; they rejected him because he is a man. Mersch, a Luxembourger who is highly regarded by his peers, had been expected to get the job on the European Central Bank's all-male board anyway.

  • WRAPUP 1-France, Britain set stage for EU budget wrangling Wednesday, 31 Oct 2012 | 10:44 PM ET

    *France objects to proposed farm subsidy cuts. BRUSSELS/ LONDON, Nov 1- British Prime Minister David Cameron came under pressure to act tough on the European Union budget and France threatened to use its veto, signalling a divisive start to bargaining over the 1 trillion euro long-term spending plan.

  • *France objects to proposed farm subsidy cuts. BRUSSELS/ LONDON, Oct 31- British Prime Minister David Cameron came under pressure to act tough on the European Union budget and France threatened to use its veto, signalling a divisive start to bargaining over the 1 trillion euro long-term spending plan.

  • WRAPUP 1-Veto threats fly in EU budget fight Wednesday, 31 Oct 2012 | 5:32 PM ET

    *France objects to proposed farm subsidy cuts. BRUSSELS, Oct 31- France joined a growing list of European Union governments threatening to veto the bloc's next long-term budget, turning up the heat at the start of divisive bargaining over a 1 trillion euro spending plan.