Sponsored Content
Bank Insolvency Law: No Austrian Solo Run
Politics ♦
Published: July 23, 2012; 19:14 ♦ (Vindobona)
Sponsored Content
Austria´s government changed its mind. There will be no national bank insolvency law. Austria will wait for a European solution instead.
Bank Insolvency Law: No Austrian Solo Run / Picture: © Vindobona.org
Initially, the government parties SPÖ and ÖVP agreed on initiating a bank insolvency act until summer. Now, the Austrian Ministry of Finance will wait for a „common solution“ and gives up its idea of a national bank insolvency law. The Ministry of Finance expects the implementation to take place in 2013. „Another solution would not be reasonable.“ the Ministry…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Sponsored Content