9 years ago
Austrian state faces 'bad bank' crisis
The state of Carinthia in southern Austria faces a bill it can't pay - and may be forced to declare bankruptcy. It may be asked to find as much as 10 billion euros to cover toxic bank debts from a collapsed lender.
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http://www.dw.de
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Heta Damage Spreads in Austrian Downgrades, German Losses
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Austria is fast becoming Europe's latest debt nightmare: A mini-Greece is about to go off in Europe's heartlands, and markets don't even know it
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German bank PBB’s profit drops by 120 million euros due to value adjustment
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