A quick solution regarding Deutsche Lufthansa AG's (LHA.XE) planned takeover of Austrian Airlines AG (AUA.XE) is possible, Austrian Finance Minister Josef Proell told reporters in Brussels Monday.

"In light of the economic situation and the very tense situation on aviation markets it is clear" that "a quick solution must be sought within the coming weeks," Proell said.

"I believe that with the help of all involved a quick solution is possible," the minister said, adding the European Commission has already sent out positive signals and said that it is also interested in a speedy solution.

The European Commission last Wednesday launched an in-depth investigation into Lufthansa AG's plan to buy Austrian Airlines.

-By Frankfurt Bureau, Dow Jones Newswires; +49 69 29725 500; djnews.frankfurt@dowjones.com