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„Bank Aids Are Lost“

Published: April 10, 2012; 16:57 · (Vindobona)

The economist Franz Hahn (WIFO, Austrian Institute of Economic Research) argues that the nationalized banks are not interesting for potential buyers.

The survival of nationalized VBAG is not secured, even not after the sale of its CEE-subsidiary and the partly nationalization.

Franz Hahn, economist at WIFO is in doubt whether the government´s plan will work. At the end of February, the government decided to initiate the partly nationalization of the financially stricken bank. After highly loss-making operations in Eastern…

This article includes a total of 398 words.

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