RSS
Hypo to Require € 1bn This Year
The ailing banking institute Hypo Group in the province of Carinthia will need € 1bn. On Friday, the managing board of Hypo Group will present a restructuring plan to the Finance Minister.
May 17, 2013
Austria: Hypo Group to Come Under Fire
Pressure from Brussel grows for a fast selling of Hypo Group.
April 16, 2013
Austia: Stable Industrial Production
Austrian industrial enterprises are particularly concerned about the future. The order situation was stable last year, however, only because of domestic orders. Sales in exports are still decreasing.
April 12, 2013
Concern About Hypo Group in Friuli
MEP Serracchiani has requested to get involved in the current affairs.
April 8, 2013
Moody’s Warns EU
The rating agency warns the EU governments about over-estimating the ability to overcome the Euro-crisis.
March 27, 2013
Austrians Poorer Than Italians or Spaniards?
According to a study carried out by the German Central Bank (Bundesbank) assets of private households in Austria is less than in Italy or Spain.
March 22, 2013
Bank Austria To Boost Capital Base
CEO Cernko wants Eastern Europe to play an important role again in the future.
March 19, 2013
Bank Austria's Profits Under Pressure
In the fourth quarter, Bank Austria has recorded a net loss of € 676m. In the whole year, CEE division showed a profit before tax of € 1.712bn which is an increase of 6 % compared to 2011. One-off charges totalled € 879m.
March 18, 2013
Bank Austria Takes Drastic Measures
Because of selling the Kazakhstan division and bad credits, quarter losses of € 553m for parent company UniCredit have to be faced.
March 16, 2013
Bank Austria to Sell ATF
Bank Austria will sell its affiliation in Kazakhstan, ATF Bank, which was acquired in 2007. ATF made losses into the billions.
March 15, 2013
Fast News Search
This category only
