Werner Faymann

BRUSSELS (Reuters) - France is floating a proposal that the European Union ease an arms embargo for Syrian rebels but delay acting on the decision to intensify pressure on Damascus to negotiate an end to Syria's civil war, a French diplomat said on...

BRUSSELS (Reuters) - European Union finance ministers gave the green light on Tuesday to start talks with Switzerland and Liechtenstein about surrendering bank data, as Europe stepped up its fight against tax evasion. The move, described as 'historic' by...

VIENNA (Reuters) - Austria will resist British-led efforts to lift or dilute a European Union arms embargo on Syrian rebels, Chancellor Werner Faymann said on Tuesday, arguing that more weapons would only fan the fighting and may snuff out chances for...

BRUSSELS (Reuters) - Austria edged closer to ending bank secrecy for foreigners on Tuesday, bringing it into line with the rest of the EU, saying it would not block talks between the European Union and countries such as Switzerland over sharing bank...

VIENNA (Reuters) - Nationalized Austrian bank Hypo Alpe Adria has failed to justify the state aid it has received and may have to pay it back if it does not improve on its latest restructuring plan, according to a letter from Europe's competition chief....

* Chancellor Faymann sees chance for deal by EU summit in May * Austria ready to drop bank secrecy on foreigners' accounts * Unified EU position will allow talks with Switzerland, U.S. * European Commission gives cautious welcome to new stance By...

VIENNA (Reuters) - Austria dropped its blockade of European Union efforts to negotiate accords cracking down on cross-border tax cheats, unveiling on Friday proposals that would allow scrutiny of foreigners' accounts while keeping bank secrecy for...

VIENNA (Reuters) - Domestic politics are bedevilling Austria's efforts to forge a unified stance on easing banking secrecy just days before initial talks with European Union partners on how to crack down on cross-border tax cheats. Austria is the only...

VIENNA, April 20 (Reuters) - Most Austrians are in favour of relaxing the strict banking secrecy rules that have isolated the Alpine republic from its European peers, according to two polls published on Saturday. Only 18 percent want to keep banking...