UPDATE 1-Austrian central bank rules out Hypo insolvency


* Government adviser favours insolvency approach - paper * Hypo's fast growth was fuelled by public guarantees * State took control to save bank from collapse (Adds detail and background) VIENNA, Nov 29 (Reuters) - Austria will not let nationalised lender Hypo Alpe Adria go bust, Austrian National Bank Governor Ewald Nowotny said on Friday after a newspaper reported that a top government adviser favoured the idea. "Austria reached ...


To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×