Austria: Spindelegger Still Does Not Exclude Hypo’s Bankruptcy

People ♦ Published: March 8, 2014; 18:26 ♦ (Vindobona)

In an interview with daily “Österreich” Finance Minister Michael Spindelegger announced his intention of very carefull examining the task force’s final report about ailing bank Hypo Group.

Spindelegger: "Investigation committee will not help." / Picture: ©

“I am glad that the task force will now present their report. Together with my advisors I will very carefully examine (the report),” Spindelegger said and underlined that the task force’s report under the leadership of Governor Ewald Nowotny is not binding. “For all options are on the table. This is a suggestion by the advisors,” Spindelegger noted. On the question if…