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Fekter: Horror Figures with Hypo’s Restructuring Plan.
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Published: July 15, 2013; 12:16 ♦ (Vindobona)
The restructuring plan for Hypo Alpe Adria involves several scenarios, which Finance Minister Fekter does not want to mention. The “horror figures” tax payers are burded with are set up “in an apocalyptical way”, according to her.
Fekter: Horror Figures with Hypo’s Restructuring Plan. / Picture: © ÖVP Bundespartei / Jacob Glaser
New business of the CESEE network of nationalized Hypo Group, where the restructuring deadline has been extended to mid-2015, “will not be discontinued entirely in order to keep value and saleability of the affiliates.” This was announced by Finance Minister Maria Fekter in an interview with “WirtschaftsBlatt” (Monday issue). “And we have reached flexibility with foreign…
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