Austrian Government Skirting around Decision over Hypo

People ♦ Published: January 31, 2014; 11:48 ♦ (Vindobona)

A paper reporting about the four options for downsizing Hypo Group has not been published by the government yet.

Austrian Government Skirting around Decision over Hypo / Picture: © Wikipedia / JJ55 (30 March 2008)

The report of management consultancy firm Oliver Wyman about the four options for the downsizing of Hypo Group Alpe Adria was the topic in parliament on Wednesday. Finance Minister Michael Spindelegger announced that the non-publication of the paper, which has been heavily criticized, was due to an agreement about restrictions of disclosure with the consultancy enterprise. However, the…

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