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  • OPEC's output ills mean its job is done, for now Monday, 9 Jun 2014 | 2:00 AM ET

    *OPEC expected to keep output cap at 30 million bpd. VIENNA, June 9- It has been a long time since oil consuming countries waited for an OPEC meeting in trepidation. Only three years ago things looked dramatically different when Arab Spring unrest knocked out output of OPEC producer Libya.

  • LONDON, June 6- The European Central Bank will probably not know until the end of the year, after banks have had the chance to take up its cheap loans, whether its latest actions have been effective, its vice-president said on Friday.

  • DIARY - Top Economic Events to June 19 Tuesday, 3 Jun 2014 | 8:01 PM ET

    The leaders of Canada, France, Germany, Italy, Japan, the UK, the United States, European Council President and European Commission President will attend. LONDON- 2014 IIF Spring Membership Meeting.

  • *U.S., China data fuels hope economy is stabilizing. NEW YORK, June 3- Brent crude steadied and U.S. crude erased earlier losses to push higher on Tuesday as economic data from the United States and China supported prices that have been under pressure recently because of increasing global oil production.

  • *U.S., China data fuels hope economy is stabilizing. NEW YORK, June 3- Brent crude steadied and U.S. crude erased earlier losses to push higher on Tuesday as economic data from the United States and China supported prices that have been under pressure recently because of increasing global oil production.

  • *U.S., China data fuels hope economy is stabilising. NEW YORK, June 3- Brent crude futures fell and U.S. crude was near flat in choppy trade on Tuesday as economic data from the United States and China provided support to prices recently under pressure because of increasing global oil production.

  • DIARY - Top Economic Events to June 18 Monday, 2 Jun 2014 | 8:01 PM ET

    OSLO- Norges Bank Governor Oystein Olsen gives a lecture at the Historical Museum on the occasion of the exhibition "The heavy baggage" that marks Constitution Bicentennial 1814-2014. VILNIUS- Estonia, Latvia and Lithuania's central bank governors to meet in Lithuania. SYDNEY- Reserve Bank of Australia holds interest rate meeting- 0430 GMT.

  • *Iraq oil exports rise 8 percent last month. LONDON, June 2- Brent crude oil futures fell below $109 a barrel on Monday, weighed down by a stronger dollar and recent data showing ample output. Gold has followed the same trend as the dollar has strengthened, " Gareth Lewis-Davies, a senior energy analyst at BNP Paribas, said.

  • *OPEC oil output rises, back above target. LONDON, June 2- Brent crude oil futures fell towards $109 a barrel on Monday, weighed down by a stronger dollar and data showing output from the OPEC group of exporting countries hit a three-month high.

  • 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.

  • Where Russia's wealth is outside its borders Wednesday, 19 Mar 2014 | 2:57 PM ET
    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     Monday, 30 Sep 2013 | 1:34 AM ET

    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.

  • 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.