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RBI Rejects Rumors of Delayed Pay-Back of State Aids
Politics ♦
Published: March 12, 2014; 18:19 ♦ (Vindobona)
RBI is expected to pay back € 1.75bn in public state aids.
"The money is ready to be used,” RBI stresses. / Picture: © Vindobona.org
Due to the political crisis in Ukraine the fact that Raiffeisen has not yet been given the “go ahead” by the supervision for the planned repayment of the state aids, granted during the financial crisis, was the cause for rumors to emerge that the Austrian lender will back down from its plans.
“The money is ready to be used,” RBI underlined in a statement. The bank was…
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