Sponsored Content
Austria: Nowotny Reiterates Statement
People ♦
Published: December 11, 2013; 15:31 ♦ (Vindobona)

Sponsored Content
Ewald Nowotny, governor of the Austrian National Bank (OeNB), reiterated his view on Hypo Group.

“There is no bankruptcy scenario,“ Nowotny explained in late-November. “The Republic of Austria has made a clear arrangement with the European Commission in summer. This is our plan and we will now proceed according to plan. A bankruptcy can be excluded.” As a result, the Hypo Group task force did not submit a bankruptcy scenario to the Austrian government.
Nowotny still…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
OeNB Calls on Austrian Banks to Strengthen Their Capital Base Further (December 11, 2013)
Hypo Group Alpe Adria to Receive Next Capital Injection (December 11, 2013)
Hypo Group Alpe Adria: Liebscher Against Haircut (December 10, 2013)
Austria: Government Rules Out Hypo Group’s Insolvency (December 3, 2013)
„We Can Exclude a Bankruptcy of Hypo Group” (November 29, 2013)
Sponsored Content
Read More
Featured