Bad bank solution for Hypo Alpe Adria


Austria’s national bank governor (OeNB) Ewald Nowotny has come out in favour of a “Bad Bank” model to solve the problems of the Hypo Alpe Adria (HGAA) bank. The bank in Carinthia was at the centre of a scandal after it was revealed that it had been involved in a number of questionable activities including […]

Delivery man fakes accident after casino losses

General News

A scheming parcel delivery man accused paramedics of stealing from him after losing more than 1,000 Euros of customersÂ’ money in the casino.Police said today (Tues) the man from southern Styria deliberately steered his car against a lamppost on the L208 main road on Saturday. He told doctors in hospital two paramedics took money out […]