2016 Bank Bail Ins Begin as EU Bank “Bailed In” In Austria

Via silverdoctors.com

  • “Bank bail ins in the EU are here after Austria’s financial markets regulator FMA imposed a hefty haircut on creditors in an Austrian bank.”
  • “Creditors in the bank Heta Asset Resolution will receive less than half of their money back according to the country’s financial regulator, the FMA…”

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