MP accuses Austrian government of Madoff cover up An Austrian MP has filed a series of Parliamentary questions to make public allegations that senior banking officials and others in the Alpine Republic had actively worked with Bernie Madoff to create his global Pyramid scheme.
Austrians mainly use cash to pay
A new study has shown that Austrian's favourite method of spending remains cash, while credit cards or bank cards are used on average about four times a month.
Erste Group increased ownership in BCR to 93.27 percent
Erste Group Bank AG (Erste Group) increased its ownership in Banca Comerciala Romana (BCR) from 93.04 percent to 93.27 percent or by 34.5 million shares following another share purchase offer made to the BCR minority shareholders other than the investment funds (SIFs), the group informed today (Tues).