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Österreichische Kontrollbank: "There are no Failures to be Feared"

Published: March 12, 2011; 00:27 · (Vindobona)

Despite the unpredictable political and economic consequences of the turmoil in the Arab, OeKB Member of the Board Rudolf Scholten consideres that there will be no failures.

Österreichische Kontrollbank: "There are no Failures to be Feared" / Picture: © Wikipedia / Wolfgang H. Wögerer

Despite his cautious optimism, Scholten would currently not take on new state insurance for exports and investments in North Africa’s unstable countries.

The sum of liabilities, which ​​the Republic of Austria has made available for the exports of domestic companies are in the high three-digit million range. Especially high are the state’s export guarantees to Egypt,…

This article includes a total of 168 words.

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