Sponsored Content
Hypo Group Alpe Adria: Austrian Government Becomes Nervous
Politics ♦
Published: January 18, 2014; 10:14 ♦ (Vindobona)
Sponsored Content
Although the participation of the private banking sector is unrealistic, the Austrian government does not give up. However, the time pressure grows week by week.
Hypo Group Alpe Adria: Austrian Government Becomes Nervous / Picture: © Flickr / SPÖ Presse und Kommunikation
Yesterday, the Austrian government received an expert paper about possible downsizing options for state-controlled problem bank Hypo Group Alpe Adria.
In total, there are four options: the creation of a bad bank, the bankruptcy, the participation of privately held Austrian banks in a downsizing unit and the continuation of the status quota.
Thus, in in order to secure the…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Sponsored Content