U.S. Embassy on Hypo Group: "Mini-empire in the Balkans"

OrganizationsDiplomatic Missions ♦ Published: January 27, 2011; 10:36 ♦ (Vindobona)

New Wikileaks documents indicate that the U.S. Embassy analyzed the symbiosis between the Austrian financial and political scene.

U.S. Embassy on Hypo Group: "Mini-empire in the Balkans" / Picture: © Vindobona.org

According to the magazine "News", which claims to have access to all Wikileaks documents relating to Austria, the U.S. Embassy in Vienna has dealt extensively with the scandals of the Austrian financial scene in recent years.

In this sense, extensive research was conducted on the former trade union bank Bawag which was eventually sold to the U.S. fund Cerberus. The news magazine…