Alternative currency and balanced living system. Alternativna valuta i uravnoteženi životni sistem. Moneta alternativa e sistema di vita equilibrato.

Linija

Search

Home Alternative News News Tags hgaa hypo group alpe adria

Crom Alternative News

Investigative journalism and useful articles on various topics.
Tags » hgaa hypo group alpe adria
marc
User Rating: / 0
PoorBest 

Zombies are the reanimated dead. The monetary system checker utility can nationalise the losses and privatise the profits. Chains of modern slavery are broken, the financial system is dead, but somebody keeps trying to restart it... there's always a chance that the dead banks will reanimate as the masters with help of voodoo maths...


Austria nationalised Hypo Group Alpe Adria (HGAA) on Monday to avoid a collapse that could have undermined trust in banks in eastern Europe and cast doubt over Austria's and Germany's backing of state-owned lenders.


Austria is taking over 100 percent of Hypo from BayernLB, insurer Grawe and the Austrian state of Carinthia, after shareholders agreed to inject around 1 billion euros ($1.5 billion) of capital, Finance Minister Josef Proell said.