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Austria: Fekter Craving for Indulgence in Brussels

Published: April 4, 2013; 18:13 · (Vindobona)

Austrian Finance Minister Fekter will be in Brussels on Friday to negotiate about the privatization of the nationalized-by –force Hypo Group.

Austria: Fekter Craving for Indulgence in Brussels / Picture: © European Parliament

The EU Commission has been pressing the Austrian government for a quick selling strategy of the Hypo Group which has been living off public money since 2008. Finance Minister Maria Fekter will be in Brussels on Friday to discuss this matter with Commissoner for Competition Joacquin Almunia. Both commission and the Austrian Finance Ministry have confirmed the date. However, there were no…

This article includes a total of 240 words.

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