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Hypo Group Alpe Adria to Receive Next Capital Injection
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Published: December 11, 2013; 09:53 ♦ (Vindobona)
On Friday the ailing bank is expected to receive fresh money again in association with the extraordinary general meeting.
Hypo Group Alpe Adria to Receive Next Capital Injection / Picture: © Vindobona.org
As announced by the financial institute yesterday, the next financial aid will be decided on within this week during an extraordinary general meeting. The Austrian state will subscribe for a participation capital in the amount of € 800m and therefore inject fresh capital into the ailing bank.
The financial requirement was announced on November 22. The first share of € 250m…
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