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: © Wikipedia / JJ55 (30 March 2008)

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…