Austria "Bad Bank" Goes Bad, $8.5 Billion "Bail-In" Underway
MishTalk
MARCH 1, 2015
Reuters reports Austria Imposes Debt Moratorium on Heta "Bad Bank" Austria''s Financial Market Authority stepped in on Sunday to wind down "bad bank" Heta Asset Resolution and imposed a moratorium on debt repayments by the vehicle set up last year from the remnants of defunct lender Hypo Alpe Adria. billion euros ($8.51 More than 9.8
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