Treichl: „The U.S. Have Solved the Crisis Better“

CommentOpinion ♦ Published: April 5, 2014; 16:08 ♦ (Vindobona)

Andreas Treichl, CEO of the Vienna-listed lender Erste Group, thinks that everything takes too long in Europe. The communication between banks and the government is insufficient, Treichl says.

US Crisis Management was better than the European Crisis Management, Treichl says / Picture: © Erste Group / Andi Bruckner

In an interview with the Austrian daily “Presse”, Treichl stated that the Austrian banking industry wants to improve the basis for communication with the government. “However, putting further pressure on the Austrian banking sector would be very harmful to the Austrian economy.” According to Treichl, an increase in the bank levy would be nothing but a populist way to solve the…