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Treichl: „Erste Could Bear Hair Cut in Hungary“

Published: January 18, 2012; 17:53 · (Vindobona)

Andreas Treichl, Erste Group´s CEO, is optimistic for Hungary. A withdrawal of Erste Group is not considered.

Treichl: „Erste Could Bear Hair Cut in Hungary“ / Picture: © Vindobona.org

For Treichl, Hungary caused the current crisis by itself. “Prime Minister Orban could have asked the IMF and the EU for support, then the situation would be another one today.”

Nevertheless, Hungary could start actions now and change the situation within the next four weeks. The only thing is, the government must want to do that.” Erste Group´s exposure in Hungary is…

This article includes a total of 205 words.

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