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Hypo Group: Decision about Downsizing Expected Soon

Published: March 4, 2014; 11:32 · (Vindobona)

At the beginning of next week the final report for the planned downsizing of Hypo Group will be presented.

Hypo Group: Decision about Downsizing Expected Soon / Picture: © Vindobona

Yesterday, Hypo Group’s task force under the leadership of Ewald Nowotny, governor of the Austrian National Bank (OeNB), held a meeting. At the beginning of next week the final report for the planned downsizing of Hypo Group will be presented. Until then the burdens for taxpayers in the coming decade is supposed to be determined. Moreover, the question about who will manage the public…

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