Final state aid repayment from BAWAG PSK

Categories
General News

Austria will receive 350 million EUR owed by bank BAWAG PSK today, in the final repayment of the state aid provided to the lender during the financial crisis. The repayment comes after further capital was provided to BAWAG PSK by shareholders in March. Rumours that owners including investor Cerberus Capital Management are looking to sell […]

Football manager fined 30,000 Euro

Categories
Finance

Adi Hütter, the manager of the football team SV Scholz Grödig (Salzburg state), was sentenced to a fine of 30,000 Euros on Wednesday due to tax evasion. Mr Hütter has to pay half of the amount. The former football star from Austria Salzburg and current manager of SV Scholz Grödig is believed to have tricked […]

Football manager Adi Hütter charged with tax evasion

Categories
Finance

The manager of the football team SV Scholz Grödig (Salzburg state), which will be promoted the Austrian Premier League, will have to go to court this week. He is accused of tax evasion and of having cooperated with the architect Markus Voglreiter. The proceedings will continue tomorrow (Wed). The former football star from Austria Salzburg […]