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Fekter: “Austrians can rest easy knowing that their bank deposits are safe.”
Current situation in Cyprus is an exceptional case and not comparable in any way with Austria.
Fekter: “Austrians can rest easy knowing that their bank deposits are safe.” / Picture: © Vindobona.org
“I can reassure everyone in Austria who holds savings deposits: There are no reasons for any concern and the scaremongering about this issue in Austria is completely nonsensical. The Austrian banking sector has a completely different structure from that of Cyprus, and rests on a very firm and healthy footing. With the banking package, the Austrian federal government has demonstrated…
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