The 6th Azerbaijan-Austria business forum has been held today in Baku. As per APA-Economics, the discussion was organized by Azerbaijan Export and Investment Promotion Foundation (AZPROMO) and was supported by Ministry of Economy and Industry.

OPEC (Organization of the Petroleum Exporting Countries) is an oil cartel whose mission is to coordinate the policies of the oil-producing countries. The goal is to secure a steady income to the member states and to secure supply of oil to consumers.

According to a latest report, it has been sighted by experts that the Austrian alliance talks seem to be taking place even slower than in Germany. Also, according to sources the centre-right is in favor of a more forceful debt reduction plan.

It has also been sighted by experts that it is very tough to form governments in the Central Europe.

Corruption Perceptions Index has released its new 2013 report declaring names of the most corrupted and least corrupted countries in Europe. According to this report, Transparency International criticized Ukraine for being the most corrupted nation in Europe. Ukraine has also been declared as the fifth most corrupted nation in the Commonwealth of Independent States (CIS).

According to a new report, popularity of Vienna is increasing at very fast speed, especially for those people who want to have their second home. There seems to have a rise in the list of second home locations for buyers in Vienna, who want to combine culture with privacy and security.

After users' report of service disruptions, PlayStation Europe has suspended the `redeem voucher' functionality on the PlayStation Network. The news has been confirmed by a post on the PlayStation Blog.

According to Facebook, the key focus in coming months will be to woo travel industry with a series of events, research and targeting refinements. It is confident about the move and to turn one of its fastest growing advertising verticals to one of its biggest in 2014.

Standard & Poor's ratings have shown positive signs for Spain by upgrading its outlook to stable for Spain. It has rewarded Spain for moves to reform public finances as well. S&P said the Dutch decision left Germany, Luxembourg and Finland as the only countries with top credit ratings. It was because of worsening growth prospects. Netherlands has been rated as triple A by both Moddy and Fitch.