Austria: Calls for Investigation Committee Get Louder

People ♦ Published: March 5, 2014; 19:59 ♦ (Vindobona)

Calls for establishing a parliamentary investigation committee for Hypo Group Alpe Adria, as demanded by the Austrian opposition, are becoming louder.

The Austrian opposition parties claim there is no instrument to establish a "Council of the Wise" in Austria. / Picture: © Vindobona.org

However, Chancellor Werner Faymann insists on letting the affairs around the nationalization of ailing Hypo Group and its debts running in the billions of Euros examine by a “Council of the Wise”. Faymann expressed his wish for an examination without the “polemics of parliamentary parties”. After yesterday’s National Assembley sitting the head of the government announced that…