Sale of Kommunalkredit Still in Limbo
Denationalization of Kommunalkredit not yet completed.
The Republic of Austria would have had until the end of March to privatize Kommunalkredit which was nationalized by force. However, the measures were not carried out according to plan. Just before the deadline, the federal state has asked Brussels for a prolongation again, as reported by Wirtschaftsblatt. Adolf Wala, CEO of Fimbag the state-owned enter....Read More