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Ewald Nowotny
Nowotny Underlines Improving Outlook
Ewald Nowotny, governor of Austrian National Bank (OeNB) stresses that not many countries were upgraded by the rating agencies in the last years.
January 30, 2013 · Updated: January 30, 2013; 18:34
“Operations of Austrian Banks in CESEE Region Are a Success Story“
Regarding the Austrian banking sector, governor of OeNB (Austrian Central Bank) Ewald Nowotny demonstrates cautious optimism.
January 30, 2013
Euro Exchange Rate: Nowotny Contradicts to Juncker
According to Eurogroup-chief Jean-Claude Juncker, the exchange rate of the euro is “dangerously high”. Nowotny disagrees with Juncker.
January 16, 2013
Nowotny: “The Worst Is Over”
OeNB´s (Austrian National Bank) governor Ewald Nowotny thinks that the economic situation in the Eurozone has become more stable.
January 16, 2013
Nowotny Expected to Remain for Full Term
Finance Minister Fekter thinks that Nowotny will not resign before the end of his new term.
January 9, 2013
Nowotny Remains Governor of OeNB
According to insiders, Ewald Nowotny will be re-elected as governor of Austrian National Bank (OeNB).
January 7, 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
Banking Supervision to Control Nine Austrian Banks
Austria´s Finance Minister Maria Fekter announces that nine Austrian banking groups will be supervised by the new banking supervision authority.
December 13, 2012
CEE Countries May Join Banking Union
ECB will become the main supervisor for the Eurozone´s banking industry. Non-Eurozone member countries are entitled to opt-in.
December 13, 2012
Austria Faces Recession
Austria´s National Bank OeNB has revised the growth forecasts one more time. Next year, Austria´s economy will only grow by 0.5%.
December 7, 2012
Czech Republic Still May Use Veto Against Banking Union
The Czech government wants to secure the rights of national regulation authorities.
December 5, 2012
„Banking System Becomes More Solid“
The chairman of OeNB (Austrian National Bank) Ewald Nowotny thinks that the banking supervision and the Basel III framework will stabilize the financial markets.
December 4, 2012
Nowotny: „CESEE Needs New Growth Model“
Ewald Nowotny, governor of Austria´s National Bank (OeNB), thinks that the current growth model for the region is outdated.
November 26, 2012
Austrian Gold Stored in UK
80% of Austria´s gold reserves are stored in the U.K. Only 17% of the reserves are kept in Austria.
November 24, 2012
Conference on European Economic Integration
Bank of Finland and Oesterreichische Nationalbank to organise a Conference on European Economic Integration in Helsinki.
November 23, 2012
Nowotny: GDP Forecast Will not Hold
The governor of Austria´s National Bank Ewald Nowotny admits that the forecast on Austria will have to be revised.
November 21, 2012
Nowotny: „Not Afraid of Inflation“
Ewald Nowotny, governor of Austria´s Central Bank (OeNB) thinks that the danger of a stagnating economy is bigger than the danger of an increasing inflation.
November 20, 2012
Nowotny: More Power for Big Countries
The governor of Austrian National Bank OeNB Ewald Nowotny proposes to amend the voting rights at ECB.
November 7, 2012
Nowotny: Greek Haircut for ECB “No Issue”
The governor of Austria´s National Bank (OeNB) Ewald Nowotny thinks that ECB would not participate in a haircut.
October 29, 2012
Fekter Rejects Deposit Protection in EU
At the Alpbach Financial Symposium, Austria´s Minister of Finance Maria Fekter underlined to reject the European deposit protection.
October 4, 2012
Fekter Promotes Financial Transaction Tax
The Austrian Minister of Finance wrote a letter to the EU Commission. She argues that a financial transaction tax would be economically reasonable.
October 1, 2012
Austrian Central Bank Looks for New Governor
Next year, the mandates of the board of directors are expiring. Ewald Nowotny is said to be re-elected in his current position.
September 27, 2012
Banking Supervision: Nowotny Warns of Over-Ambition
According to the governor of OeNB (Austrian Central Bank), it would be dangerous to establish new institutions without a democratic legitimization.
September 18, 2012
„Situation in Slovenia is not so Dramatic“
Ewald Nowotny, governor of Austria´s Central Bank (OeNB) thinks that the economic situation in Slovenia is under control.
September 18, 2012
Implementation of Banking Union to be Postponed
Initially, the Commission of the EU intended to introduce the banking union in 2013. After the fierce resistance of some member states, the Commission gives up its plans for the time being.
September 17, 2012
Nowotny: „Fiscal Union Still Far Away“
Ewald Nowotny, governor of OeNB (Austrain Central Bank) does not believe in a quick implementation of the fiscal union.
September 17, 2012
Nowotny: Not Overcharging ECB
Ewald Nowotny, governor of Austrian Central Bank (OeNB) argues that ECB should not control all banks.
September 13, 2012
Nowotny Hopes for ESM
The governor of OeNB (Austrian Central Bank) thinks that the bond purchases are not sufficient. Politics must help ECB, he argues.
September 10, 2012
Austrian Government and National Bank Against Return to Shillling
Federal Chancellor Werner Faymann and Governor Ewald Nowotny oppose to the idea of returning to Austria´s former currency.
September 1, 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
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
Austrian Banking Industry Records Higher Profits
In the first quarter of 2012, Austria´s bank achieved a consolidated net income after taxes and minorities of € 2.12bn.
July 27, 2012
Nowotny Wants Bank License for ESM
The governor of OeNB (Austrian Central Bank) Ewald Nowotny told the news agency Bloomberg that there would be some good reasons for this solution.
July 26, 2012
Nowotny: „Germany Has Key Function“
The governor of OeNB (Austrian Central Bank) is against forced loans in Austria. Regarding Eurobonds, Germany as Europe´s biggest economy would have the key function.
July 18, 2012
Nowotny to be Re-Elected
The governor of OeNB (Austrian Central Bank) Ewald Nowotny is said to be re-elected in his current position.
July 18, 2012
Grexit would Cost Austria € 11.0bn
The Brussels-based think tank CEPS states that Austria would have to bear costs of € 10.9bn in case of a Greek exit out of the Eurozone.
July 13, 2012
Banking Supervision: Nowotny Warns of Botch
The governor of the Austrian Central Bank (OeNB) thinks that the timeline fort he planned unified banking supervision authority is „very short“.
July 10, 2012
Big Exposure in Foreign Currency Loans
In Austria, domestic banks have outstanding foreign currency loans of € 51bn. In CESEE countries, the exposure comes at € 130bn.
July 10, 2012
Performance of Austrian Banks Remarkably Down
Austria seems to be significantly „overbanked“: Austrian banks only achieve a 0.1% yield on the capital employed.
July 9, 2012
Nowotny on Greece: „We Do Not Have Unlimited Time“
Ewald Nowotny, the governor of OeNB (Austrian Central Bank) is concerned about the Greek austerity program.
July 9, 2012
OeNB Calls Austrian Banks to Improve Equity Base
Presentation of the 23rd Financial Stability Report of OeNB (Austrian Central Bank): Austrian Financial System Influenced by Tensions in the International Financial Markets.
July 9, 2012
„ECB as Only Supervisor Not Likely“
OeNB`s (Austrian Central Bank) Governor Ewald Nowotny does not think that ECB will act as only banking supervision authority.
July 2, 2012
Austrian Banks in CESEE „Too Ambitious“
For the IMF, Austria´s economy is „well situated“. The austerity package is „adequate“.
July 2, 2012
„The end of the Euro would mean Europe´s Explosion“
Ewald Nowotny, governor of the Austrian Central Bank (OeNB) reaffirms that Europe needs the Euro.
June 25, 2012
NPL of € 100bn in CEE?
The chairman oft he Viennese Chamber of Labor Werner Muhm asserts that Austrian banks hold non-perfoming loans in CEE ountries. Austrian banks rejected Muhm´s statement.
June 23, 2012
Nowotny: „Bank Aids Rescue Economy“
The governor of the Austrian Central Bank OeNB underlines the necessity of the bail-out of Spanish banks.
June 23, 2012
Controversy About Nowotny
Ewald Nowotny, the governor Austrian Central Bank (OeNB) argued that the austerity policy in the 1930s caused the rise of the Nazi regime. A wave of indignation emerged.
June 21, 2012
Nowotny Pushes Spain to Call for Help
The governor of Austria´s Central Bank Ewald Nowotny appeals on the Spanish government to call for help and fears that the situation could become even worse for Spain otherwise.
June 9, 2012
„There´s no Crisis in Eastern Europe“
Austrian economists and bankers do not comprehend the downgrade by Moody´s. The risk in Eastern Europe would be more differentiated, OeNB´s governor Nowotny said.
June 8, 2012
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