What really happened at Hypo Group Alpe Adria

Small change: Hypo Group Alpe Adria was nationalised late last year for the sum of €3Small change: Hypo Group Alpe Adria was nationalised late last year for the sum of €3

The nationalisation of Austria's Hypo Alpe Adria had more to do with regulation and ownership models than exposure to emerging Europe. Writer Philip Alexander

Austria & Italy: Diversification begins to deliver

UniCredit: CEE strategy now paying dividendsUniCredit: CEE strategy now paying dividends

In early 2009, shares in Austrian and Italian banks were pummelled by investors fearing that their exposure to central and eastern Europe would threaten balance sheets. Now they are fighting back, and staying safely in profit. Writer Philip Alexander

Austria keeps focus on CEE

Franz Hochstrasser, Erste Bank

Austrian banks and companies have been looking to central and eastern Europe for growth – a successful strategy that will continue, reports Geraldine Lambe.

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