Over the weekend the Austrian Chancellor, Werner Faymann, changed tack and said "the ECB could perform a more powerful role".

BBC: Will the euro survive?

Social Democrat leader Werner Faymann took the job of chancellor, while Michael Spindelegger of the People's Party (OeVP) serves as vice chancellor.

BBC: Austria profile

When the Social Democrats did badly in regional elections, he was forced to hand the leadership to Werner Faymann, the transport minister, last month.

ECONOMIST: Austria��s government