Hypo Group Alpe Adria: Harsh Criticism on Austrian Government

Politics ♦ Published: February 6, 2014; 16:53 ♦ (Vindobona)

The Austrian opposition blames the government for concealing the biggest financial disaster in Austria´s history. Governor of the Austrian National Bank Ewald Nowotny is under fire too.

Hypo Group Alpe Adria: Harsh Criticism on Austrian Government / Picture: © Vindobona.org

In the cause of the nationalized lender Hypo Group Alpe Adria, the Austrian government increases the pressure on the government. Werner Kogler (Green Party) criticizes that the government does not play with open cards. The other opposition parties have called the cabinet to publish the controversial report on Hypo Group compiled by the advisory firm Oliver Wyman.

According to the…

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