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„Banks are the Real Austrian Problem“

Published: February 28, 2012; 19:32 · (Vindobona)

The Austrian opposition criticizes the rescue of VBAG by the government massively. Further bank aids are feared.

„Banks are the Real Austrian Problem“ / Picture: © Vindobona.org

The three opposition parties FPÖ, Green Party and BZÖ criticize the government for the partial nationalization of VBAG. The Austrian state holds a 49% stake in VBAG and has to contribute € 1.05bn. After Kommunalkredit and Hypo Group Alpe Adria, VBAG is the third bail out by the Austrian government. The three opposition parties are not against the bail-out itself, but against the…

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„Banks are the Real Austrian Problem“

The Austrian opposition criticizes the rescue of VBAG by the government massively. Further bank aids are feared.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.