Austria: Still No Clarity in Hypo Group Disaster

People ♦ Published: February 17, 2014; 12:59 ♦ (Vindobona)

The Austrian parliamentary parties continue to shift the blame onto each other. Details still have not been presented yet.

Austria: Still No Clarity in Hypo Group Disaster / Picture: © Flickr / Werner FaymannFlickr / SPÖ Presse und Kommunikation

Last week the Austrian Green Party submitted a motion to Finance Minister Michael Spindelegger for an emergency sitting in the National Assembley. In the urgent request 73 questions were raised for the “protection of the taxpayers from the total failure of the federal government”. According to Werner Kogler, budget spokesman of the Austrian Greens, the disaster around Hypo Group is…