BERLIN, Sept 29 European Central Bank Governing Council member Ewald Nowotny said on Thursday he expected Austria to resolve a crisis surrounding the "bad bank" Heta Asset Resolution.
Nowotny told Reuters he expected Austrian Finance Minister Hans Joerg Schelling to get the support of a necessary majority of creditors for a settlement offer related to Austria's worst financial disaster in 60 years.
"It's going in the right direction," Nowotny told Reuters before an event hosted by the Friedrich Ebert Stiftung foundation. "I think Finance Minister Hans Joerg Schelling will get the needed majority. It's like a band-wagon effect." (Reporting by Reinhard Becker, Writing by Andrea Shalal; Editing by Dominic Evans)
Morton County sheriff defends tactics against pipeline protesters
CANNON BALL, N.D., Dec 4 The sheriff of the North Dakota county where thousands of people are protesting a controversial pipeline project defended police tactics after they used water hoses and rubber bullets in a late November confrontation.
UPDATE 1-Saudi, Kuwait expect to restart Neutral Zone oilfields soon -sources
DUBAI, Dec 4 Saudi Arabia and Kuwait are expected to agree this month to resume oil production from the jointly operated oilfields in the Neutral Zone that lies between both countries, industry sources told Reuters on Sunday.