Austrian Minister of Economics Criticizes Hungary

People ♦ Published: November 21, 2011; 16:09 ♦ (Vindobona)

On the occasion of a bilateral meeting between the Hungarian and the Austrian Minister of Economics Reinhold Mitterlehner repeated his critics regarding Hungarian foreign currency loans.

Austrian Minister of Economics Criticizes Hungary / Picture: © Vindobona.org

The Hungarian and the Austrian Minister of Economics, Tamas Fellegi and Reinhold Mitterlehner, had a workshop today in Vienna. Mitterlehner underlined the traditionally positive relationship between Hungary and Austria. However, the recently announced conversion of foreign currency loans is seen as threat for Austrian bank. “Our ties are still outstanding. However, Austria sees…

or Log In

Fast News Search
Related News
Increasing Capital Requirements for Austrian Banks (November 19, 2011)
Raiffeisen’s Capital Shortfall Grows to € 2.5bn (November 18, 2011)
High Losses for Bank Austria (November 14, 2011)
Orban Attacks Austrian Banks (October 29, 2011)
Erste Group Reports Loss of € 1.49bn for the Third Quarter (October 28, 2011)
Read More
Reinhold Mitterlehner, EU European Union, Hungary, Banking Industry, Erste Group, VBAG, RBI Raiffeisen Bank International, Foreign Currency Loans, Nabucco, Foreign Trade, Exports
Featured
See latest Vindobona Newsletter