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“Bank Aid for Hypo Group Is too Late“

Published: November 16, 2013; 08:28 · (Vindobona)

The Austrian economist Franz Hahn argues that capital injections into Hypo Group Alpe Adria are ineffective.

Yesterday, Klaus Liebscher, chairman of Hypo Group’s supervisory board and head of the task force, has presented suggestions for the establishing of a bad bank. By the creation of a downsizing unit for the problem bank the best possible realization of assets should be guaranteed. Hypo Group Alpe Adria´s s assets to be downsized consist of bad credits, leasing receivables and real…

This article includes a total of 478 words.

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