Sponsored Content
Hypo Group: Government Explains Downsizing Solution
People ♦
Published: March 18, 2014; 10:44 ♦ (Vindobona)

Sponsored Content
On Tuesday the Austrian government will explain the decided downsizing solution for the ailing bank Hypo Group Alpe Adria. Carinthia only wants to pay € 300m in downsizing costs.

This time it was not the opposition who called for a special meeting but the governing parties SPÖ (Social Democrats) and ÖVP (Austrian People’s Party). After the decision was made last week many question were raised, particulary with regard to the financing. Both Chancellor Werner Faymann (SPÖ) and Finance Minister Michael Spindelegger (ÖVP) will have to explain their decisions…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
Austria: Carinthia Forced to Pay for Hypo Group (March 17, 2014)
Austria: Spindelegger Puts Pressure on BayernLB (March 17, 2014)
Austria: Spindelegger Demands Valid Figures by Hypo Group (March 15, 2014)
Hypo Group: Decision Has Finally Been Made (March 14, 2014)
Austria/SEE: Crucial Days for Hypo Group’s Future (March 14, 2014)
Sponsored Content
Read More
Featured