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World News   Europe   European Union   Austria   Business (13)
Austria, Business Timeline Saturday, July 31 Bookmark and Share     Author
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  Austria takes over bank hit by Madoff  The Austrian government has taken control of Bank Medici, a private bank with significant exposure to the alleged fraud by Bernard Madoff   Oil rises on Opec production curb  Oil prices have risen to $104 a barrel in Asian trade, reversing earlier losses, after OPEC agreed to return to 2007 production levels   Oil falls as Opec ministers meet
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2009 (3) 2008 (4) 2004 (1) 2003 (3) 2001 (1) 2000 (1)
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 Oil  Food

Magna 'agrees to buy GM Europe'
  OPEC holds steady on output levels


year 2009 Top ^

Sep.10  
  OPEC agreed to leave current production levels unchanged, citing an oversupplied market and downside risks associated with the fragile recovery
May.29
  Canadian-Austrian car parts maker has reached an agreement in principle to rescue GM Europe, owner of Opel and Vauxhall

Jan.3


year 2008 Top ^

Sep.9  
 
  Brent crude has fallen below $100 for the first time since April, as traders predict Opec will stick to current output levels
    Saudis: No need to cut OPEC output
  Saudi Arabia suggested that a meeting of oil ministers of the OPEC will decide to keep crude production steady, despite concerns over prices
May.29 Ex-hostage to make TV debut  Natascha Kampusch whose ordeal stunned people worldwide is going prime time

year 2004 Top ^

Mar.31   OPEC agrees to cut oil output
  OPEC has followed through on a promise to cut production by 4% to keep crude oil prices near 13-year highs

year 2003 Top ^

Apr.23   OPEC set to curb oil output
  Ministers are expected to tighten the taps on production to bump up oil prices that have fallen 30% Mar.11   OPEC to cover war oil shortfall  10-nation organization has agreed to raise oil output should supplies be disrupted due to war in Iraq Jan.12   OPEC to raise daily oil output
  On February 1 OPEC will boost oil output target by 1.5 million barrels a day to 24.5 million barrels a day


year 2002 Top ^



year 2001 Top ^

Jan.24   Mad cow fears  Government is expected to announce the results of tests after pork labelled beef free were found to contain beef

year 2000 Top ^

Dec.21   Austria bans German beef  Austria has banned imports of German cattle and beef to minimise the risk of contamination

Austria, Business Major Events in 21st Century

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