Finance
02. 09. 10 - 12:00
Teen bank accounts have high overdraft charge rates, study shows
Consumer rights watchdogs have warned of excessive overdraft charge rates for youths’ bank accounts.
Ex-HGAA boss resigns as Flick foundation head
Former Hypo Group Alpe Adria (HGAA) CEO Wolfgang Kulterer has resigned as head of one of Europe’s most valuable foundations. [...]
Hungarian bank tax a 'prime example for a misguided measure'
Raiffeisen International (RI) boss Herbert Stepic has launched an exceptional attack on the Hungarian government over its decision to set up a bank le [...]
Former Hypo Group Alpe Adria (HGAA) boss Wolfgang Kulterer has had his custody extended. [...]
Serbia vows to work with Austria over HGAA 'drug money'
Police in Austria and Serbia revealed plans to join forces in investigating alleged money-laundering activities by Serbian crooks and former Hypo Grou [...]
HGAA to launch compensation claims
Ailing Hypo Group Alpe Adria (HGAA) bosses have revealed plans to demand compensation from former bosses and political decision-makers. [...]
RZB boss warns of overestimating HGAA scam
Raiffeisenzentralbank (RZB) head Walter Rothensteiner has appealed to people not to "overestimate" investigations of the near collapse of Hypo Group A [...]
Austrian real-estate firm Immofinanz AG reported today (Tues) that it was back in the black during its 2009-2010 business year (1 May to 30 April). [...]
Health-insurance funds to run a surplus this year
Health-insurance funds to run a surplus this year [...]
July inflation down to 1.9 per cent
The Austrian rate of inflation declined from 2.0 to 1.9 per cent year on year in July, returning to the same level as this past May. [...]
Austria’s economy expanded faster than expected in the second quarter, the Austrian Institute of Economic Research (Wifo) said Friday. [...]
Meinl hit by €2.1bn damages claim
Businessman Julius Meinl V. and fellow decision-makers of the family’s business empire have been confronted with a multi-billion claim for damages. [...]
Stepic doubts €45mn Haider allegations
Raiffeisen International (RI) chief Herbert Stepic said he doubted claims late right-wing icon Jörg Haider had stashed millions in secret accounts in [...]
Moody's lowers Hypo Tirol Bank rating
Hypo Tirol Bank bosses have claimed they are satisfied despite Moody’s decision to lower its estimation of the bank. [...]
Erste Bank considers 2011 state aid payback
Erste Bank boss Andreas Treichl has revealed plans to pay back the 1.2 billion Euros in state aid next year. [...]
Erste Bank CEO wants tax on assets
The head of Austria’s second-biggest bank has caused a stir by calling for the introduction of a tax on assets. [...]
Austria and Israel agree on double tax treaty
Business relationships between Austria and Israel are expected to improve after the countries agreed on a double taxation agreement. [...]
Erste in €40mn support deal for Tvarna mall project
A Northern Irish property firm is set to build a new shopping centre an hour’s drive from Austria after getting a multi-million Euro loan from Erste B [...]
BA boss says new taxes would endanger thousands of jobs
Politicians would put thousands of jobs at risk by issuing taxes and regulations, a top banker has warned. [...]
Austrian woes and warnings over Hungarian bank tax plans
Hungary is "playing with fire," Raiffeisenzentralbank (RZB) boss Walter Rothensteiner has warned as the country plans to go ahead with introducing a b [...]
Erste and RZB face stress test
Two Austrian banks will be among the 91 institutes undergoing a stress test by a European financial market watchdog later this month. [...]
Austrian fears as Hungary set to issue bank tax
Austrian banks are considering abandoning some of their activities in Hungary as the government there reveals plans to introduce a bank tax, it has be [...]
Court keeps €100mn Meinl bailout
The Vienna criminal court has said it will not repay 100 million Euros paid out in bail last year for Julius Meinl V. [...]
European investment bank loan for Vienna hospital
The European Investment Bank (EIB) has confirmed it is lending 300 million Euros to co-finance the construction of a new 800-bed hospital in the North [...]
HGAA investigators eye 20 suspects
Ministry experts investigating the scam of nationalised Hypo Group Alpe Adria (HGAA) said they have focused on 20 suspects. [...]
OeNB boss brands stress tests a 'passing fashion trend'
Austrian National Bank (OeNB) Governor Ewald Nowotny warned of overestimating the outcome of the upcoming bank stress tests. [...]
EC go-ahead for extended bank aid
The European Commission (EC) has given the green light for an extension of the Austrian bank assistance package. [...]
Treichl warns of bank curbing's effects on economy
Erste Bank boss Andreas Treichl has appealed to politicians to consider the effects planned regulations for banks could have on the economy. [...]
Austrian credit card usage abroad soars
Credit cards have retained their status as one of Austrians’ most favourite payment methods abroad, according to new figures. [...]
Prehofer denies Cerberus spat as BAWAG PSK departure announc
Regina Prehofer has dismissed claims she decided to leave the BAWAG PSK board over differences of opinion with the Austrian bank’s American owner. [...]
ÖVAG back in the black as search for partner continues
Volksbank AG (ÖVAG) reports good business figures for the first quarter of this year after suffering dramatic losses in 2009. [...]