Austria: windfall from Carinthia for Bavaria – politics

Of

Hans Peter Siebenhaar

Although the comparison with the Hypo Alpe Adria scandal was already concluded in 2015 and the years of disputes in court were thus settled, there is no peace in Carinthia. On the contrary. The Bayerische Landesbank (BayernLB) benefited significantly from the liquidation of the former bank in Klagenfurt. According to Finance Minister Magnus Brunner (ÖVP), who responded to a parliamentary question from the FPÖ, 1.8 billion euros in liquidation proceeds were paid as a result of the Heta liquidation of the Bayerische Landesbank.

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