Saturday, March 7, 2015

A European Argentina

The Hypo Alpe Adria collapse rumbles on. Following the announcement by Austria’s Federal Markets Association (FMA) a few days ago that Heta, the “bad bank” created last year from the remnants of Hypo Alpe Adria (HAA), would be wound up, Moody’s has downgraded the rating of the Austrian province of […]



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