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Austria: Decisions about Hypo Group Expected This Year
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Published: October 16, 2013; 15:36 ♦ (Vindobona)
Decisions about the future of problem bank Hypo Alpe Adria will in all likelihood be delayed.
Austria: Decisions about Hypo Group Expected This Year / Picture: © Vindobona.org
Klaus Liebscher, head of Hypo Group’s task force which was appointed by the Austrian government, expects a result about the future of the problem bank to be presented in two to three weeks. Initially the options were supposed to be presented in October. Liebscher is hoping for a final decision about the further course of action to be taken before the end of this year.
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