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  • A glance at unemployment rates around the eurozone Monday, 1 Oct 2012 | 6:43 AM ET
  • Eurozone unemployment stuck at record 11.4 pct Monday, 1 Oct 2012 | 5:28 AM ET

    Europe's problems are dragging down the global economy. Six countries in the eurozone _ Greece, Spain, Italy, Cyprus, Malta and Portugal _ are already in recession. Howard Archer, the chief economist for IHS Global Insight, said it will take some time before Europe's labor market rebounds.

  • *Unemployment highest in Spain, lowest in Austria. BRUSSELS, Oct 1- Unemployment in the euro zone remained at record highs in August and the number of people out of work climbed again, highlighting the human cost of the bloc's three-year debt crisis.

  • TEXT-S&P summary: UniCredit SpA Monday, 1 Oct 2012 | 4:44 AM ET

    Oct 01-=============================================================================== Summary analysis-- UniCredit SpA--------------------------------- 01- Oct-2012=============================================================================== CREDIT RATING: BBB+/ Negative/A-2 Country: Italy Primary SIC: National commercial banks Mult.

  • TABLE-Austrian Sept jobless rate falls to 6.1 pct Monday, 1 Oct 2012 | 3:50 AM ET

    VIENNA, Oct 1- Austria's unemployment rate fell to 6.1 percent in September, t he ministry of labour and social affairs said on Monday. KEY FIGURES AUSTRIAN UNEMPLOYMENT Sept 12* Aug 12* Sept 11. Registered unemployed 229.0 232.7 218.2.

  • By Kate Kelland LONDON, Oct 1- Extending treatment with Roche's. Analysts had said the Swiss firm, the world's biggest maker of cancer drugs, could lose up to $1.5 billion in revenue from the blockbuster medicine in the medium term if six months treatment had been shown to be just as effective.

  • *HERA trial favours status quo, PHARE trial inconclusive* Experts say key message is one year of Herceptin is best* Results limit downside risk for Roche's Herceptin revenues By Kate Kelland LONDON, Oct 1- Extending treatment with Roche'S. Data from both trials were presented at the European Society of Medical Oncology conference in Vienna on Monday.

  • BRATISLAVA, Oct 1- The Slovak government's decision to double a levy on bank deposits will hurt banks' profitability and creditworthiness and eventually dent their loan capacity, credit rating agency Moody's said on Monday in a special report.

  • "The stake in Erste Group controlled by Erste Foundation after the transaction will amount to an approximate 20.2 percent," a statement said, adding the foundation was not planning any further share sales.

  • TIRANA, Oct 1- Austria's DCM DECOmetal plans to invest in the Bulqiza chrome mine in Albania, betting on an improvement in the ferrochrome market and meeting one of the demands made by strikers who helped push the company into a loss last year.

  • Don't Invest In the Euro Area: CEO     Wednesday, 22 Aug 2012 | 11:00 AM ET

    Gabriel Stein, CEO of OMFIF, told CNBC, Austria is suffering from contagion from the crisis as in and of itself it is in better shape than quite a few euro zone countries.

  • Austria's AAA Rating Under Attack From East and West Wednesday, 22 Aug 2012 | 4:37 AM ET
    Austria

    Austria's triple-A credit rating hangs in the balance, and analysts are divided as to whether the country is more at risk from its banks’ heavy exposure to ex-Communist Eastern Europe or from heavily indebted Western Europe.

  • Austria Helped by Central Europe Links: Pro     Wednesday, 22 Aug 2012 | 4:30 AM ET

    Fritz Mostbock, head of group research at Erste Bank, told CNBC, he thinks Austria is in good shape because of its links to central and eastern European markets which is being perceived as a positive following the crisis.

  • Can Austria Retain Its Triple A Rating?     Wednesday, 22 Aug 2012 | 1:51 AM ET

    As a continuation of our series looking at the triple A stocks and countries out there, Steve Sedgwick takes a look at Austria.

  • Game Over for Euro? Theory Predicts Gloom Tuesday, 10 Jul 2012 | 4:48 PM ET

    The countries with the least to lose from leaving the euro aren't the ones you think - and that could be bad news for the euro. 

  • Global Markets Update: European Shares Rise     Wednesday, 6 Jun 2012 | 6:10 AM ET

    CNBC's Kelly Evans reports on all the market moving events from Europe, including an update from the ECB on interest rates, and Moody's credit downgrade of six German banks and three Austrian banks, despite relative strength in both economies.

  • Santelli on Regulations     Thursday, 24 May 2012 | 11:11 AM ET

    CNBC's Rick Santelli explains why it's important to keep regulations simple.

  • Is Now a Good Time to Invest in Hungary? Monday, 9 Jan 2012 | 8:43 AM ET

    A Hungarian delegation prepares to resume talks with the International Monetary Fund this week, hoping to secure a credit lifeline while investors continue to push up the country’s borrowing costs.

  • Austria Exposed to Hungarian Debt     Monday, 9 Jan 2012 | 4:40 AM ET

    "Concerns over rising default risk in Hungary do translate via Austrian banks relatively rapidly into Austrian sovereign debt risks," Richard McGuire, Senior Fixed Income strategist, Rabobank, told CNBC.

  • No One Wants Euro Collapse: Austria Finance Minister Thursday, 1 Dec 2011 | 4:14 AM ET
    E.U. Flags

    A collapse of the euro will not benefit any of the 17-member currency zone's members and struggling euro zone countries must instead focus on getting their finances in order to restore stability, Austrian finance minister Maria Fekter told CNBC.