Austria: National Assembly to Vote on Bail-Out Package for Cyprus

Politics ♦ Published: April 22, 2013; 10:43 ♦ (Vindobona)

In order for Cyprus‘ bail-out package to become effective, many national parliaments have to vote in favor of it. Austrian’s opposition is against it.

Austria: National Assembly to Vote on Bail-Out Package for Cyprus / Picture: © Vindobona.org

The National Assembly of Austria will vote in an extraordinary meeting for the bail-out package Cyprus is to receive. The leading parties the People’s Party (ÖVP) and Social Democrats (SPÖ) are in favor while four opposing parties are against it. The Freedom Party, Greens, the Alliance for the Future of Austria and Team Stronach are bringing forward the argument that the…