The head of Austria's National Bank has criticized the European Banking Authority for demanding that banks in Europe raise their capital buffers quickly.

Austria has set pricing on two euro-denominated, benchmark-size, 10-year and 50-year bonds, a person familiar with the matter said Wednesday.

Austria lost its AAA rating at Standard & Poor’s because of its links to neighbors Italy, its second-biggest trading partner, and Hungary, where the Alpine country’s banks are the biggest lenders.

Austria's deputy chancellor says the country must strive to regain top marks from all three rating agencies after its downgrade from Standard & Poor's.

France Telecom is in talks to sell its 35% stake in Orange Austria to Hutchison Whampoa Ltd for Euro 1.4 billion ($1.78 billion).

VIENNA (Reuters) - Standard & Poor's downgrade of Austria is a wake-up call for the country to cut debt and deficits and marks an indictment of Europe's inability to move quickly, Finance Minister Maria Fekter said. She played down in an interview with Austrian radio the potential impact on Austria's borrowing costs after S&P cut its rating one notch to AA-plus with a negative outlook as part of ...

Telekom Austria AG, the partly state-owned telephone operator, said Ronny Pecik’s RPR Privatstiftung holds 20.118 percent of the company through shares and options.

Top Austrian government and financial officials said Monday that the country's banks were strong enough to handle the fallout of Europe's debt crisis, particularly in Italy and Hungary, where the lenders ...

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Hutchison Whampoa Ltd., billionaire Li Ka-shing’s biggest company, is nearing a deal to acquire Orange Austria, the mobile-phone operator owned by France Telecom SA and buyout firm Mid-Europa Partners, according to people with knowledge of the matter.