Check out our new City Tracker to help track Europe's housing woes 👇 Vienna (not Stockholm) is now at the epicenter 👀 bloomberg.com/news/articles/… via Bloomberg Jack Sidders Márton Éder

An ex-Austrian bank chief wanted in the US over his alleged role in a giant Brazilian corruption scandal lost a bid to halt his extradition from the UK trib.al/KcdMvqB

Wien steht eher vor einer langsamen Korrektur seines stark überbewerteten Wohnungsmarktes als vor einem plötzlichen Einbruch der Preise, sagt die OeNB. bloomberg.com/news/articles/… via Bloomberg auf Deutsch Márton Éder

A slump in Vienna home prices is unlikely, according to the Austrian National Bank. A more plausible scenario may be a bout of stagnation after a decade-long boom. bloomberg.com/news/articles/…

“For the sake of market transparency, we strongly advocate for OPEC to allow journalists from relevant global news outlets to attend.” bloomberg.com/news/articles/…

Abu Dhabi and Austria’s OMV are exploring a combination of Borouge and Borealis to create a chemicals and plastics company worth more than $30 billion, sources say trib.al/7E8JQek

Österreichische Firmen sind prädestiniert, ein Stück vom Kuchen des Ukraine-Wiederaufbaus abzubekommen. Wäre da nicht die Nähe zu Russland. trib.al/P22DMi6

We wrote about Austria’s geopolitical dilemma and how it’s affecting the prospects for business investments in a region long considered its key market. w/ JONATHAN TIRONE bloomberg.com/news/articles/…

A severe supply shortage of rental properties across Europe is forcing young professionals to move in with their parents bloomberg.com/news/features/… via @bbgequality with Alice Kantor Morwenna Coniam Allegra Catelli Ott Tammik halmeida5 Márton Éder Cagan Koc Jessica Loudis

A Hungarian entrepreneur critical of Viktor Orban is acquiring a minority stake in the publisher of Rzeczpospolita newspaper weeks ahead of a tightly contested national election bloomberg.com/news/articles/… via Alberto Nardelli

Commerzbank Taps Ex-Erste CEO Spalt as Chief Risk Officer bloomberg.com/news/articles/… via Bloomberg

Hungary is ramping up battery production at the fastest pace on the planet on a per capita basis, but not everyone is happy about that. bloomberg.com/news/features/…

Güterzüge entgleisen, Murenabgänge blockieren den Verkehr. Die Alpen sind immer noch ein formidables Handelshindernis trib.al/avzTvzh

📢THREAD: Today Bloomberg has launched Eastern Europe Edition, our weekly newsletter on what’s shaping economics and investments from the Baltic Sea to the Balkans. You can sing up here: bloomberg.com/account/newsle…

Red Bull heir gets €582 million ($615 million) dividend after inheriting the energy-drink empire from his late father last year trib.al/kr6rd1V

Saudi Arabia’s sovereign wealth fund hires law firm Latham & Watkins to advise on the lending it made to Rene Benko’s Signa group, as the Austrian tycoon grapples with a cash crunch trib.al/1Au9paj

The suspended Elbtower is just one of the sites affected by Signa's financial issues trib.al/ceqlNNV

A consortium of Signa Development bondholders is assessing whether the company is in breach of debt rules over hundreds of millions of euros they’re owed by other parts of Rene Benko’s retail and property group trib.al/rvyxmBi

Rene Benko's personal fortune has likely collapsed after his main holding company filed for insolvency, but like his real estate group, the situation is very opaque. bloomberg.com/news/articles/… via Bloomberg Wealth

On paper, Rene Benko's property empire is worth billions. His creditors are about to find out that those valuations are too optimistic. bloomberg.com/news/articles/… via Bloomberg