Austria: Controversies Around “Council of the Wise“

People ♦ Published: March 4, 2014; 15:08 ♦ (Vindobona)

Finance Minister Spindelegger claims the appointing of the “Council fo the Wise” for problem bank Hypo Group Alpe Adria was the idea of Chancellor Faymann.

Austria: Controversies Around “Council of the Wise“ / Picture: © David Niblack

“It is not my task to establish it,” Michael Spindelegger announced ahead of today’s National Assemley sitting in parliament on the question on when the council will be formed. “The Chancellor suggested this. This is with whom the responsibility lays,” Spindelegger told the media.

Instead of a parliamentary investigation committee the coalition expressed its wish to…