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oenb

Austria Pays Almost € 300m in Greek Aid

Eurosystem gives away profits from support operations of Greek government bonds. € 281m comes from Austria.

March 16, 2013

“Sale of Kommunalkredit Will Take Some Time”

Ewald Nowotny, governor of Austrian National Bank, believes that the sale of the nationalized Austrian banking group will take some years.

February 18, 2013

Nowotny Puts Pressure on Austrian Government

Ewald Nowotny, governor of Austrian National Bank (OeNB) wants the Austrian government to continue the austerity course.

December 28, 2012

FPÖ Wants Nowotny to Resign

The biggest Austrian opposition party criticizes the governor of Austrian Central Bank (OeNB) sharply. FPÖ´s leader Strache blames Nowotny to violate the “no bailout” clause.

September 1, 2012

Nowotny: Austrian Banking Sector “More Boring, but More Stable”

European Forum Alpbach: Ewald Nowotny, governor of the Austrian Central Bank (OeNB) thinks that banks will fight for deposits in future. In the last years, ECB had to prevent a collapse of the financial system several times.

August 31, 2012

Declining Real Income: UBS Defends Report

Paul Donovan, author of the controversial study, was criticized by Austria´s Central Bank and Bank Austria. Donovan underlines that his study is correct.

August 24, 2012

Real Income Development: Austrian Central Bank Opposes to UBS

According to OeNB (Austrian Central Bank), real income rose by 12.2% from 2000 to 2010. UBS recently published a study, which reported that the real income fell by 25%.

August 23, 2012

Solid Growth in 2012 Ahead

2011 was a record year for exports – and the first quarter of 2012 has seen the Austrian economy growing yet again. Thus, Austria is significantly below the performance of the Eurozone.

August 16, 2012

East European Banking Industry Shows Ambiguity

For West European banks, their subsidiaries in Eastern Europe are either highly problematic or the cash cows.

August 8, 2012

Investor Confidence in Austrian Issues Remains Very High

Austria’s government and corporate sectors are still able to borrow at historically low rates, the loss of the triple A sovereign rating notwithstanding.

August 3, 2012
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