CHART OF THE DAY - Austrian Banks Exposure to Central Eastern Europe

Friday, July 01, 2011

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Austrian banks have aggressively ventured into Central Eastern Europe since 1990 - and are now saddled with a huge share of problematic foreign currency loans in Euros and Swiss Francs. Graph courtesy of Stratfor.
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Posted by The Prudent Investor on 7/01/2011 10:32:00 am
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1 comment

Anonymous said...

Well, looks like good ole' tiny Austria got a little greedy again, didn't it? Perhaps a second crash of the Austrian empire will finally help its elites realize that for such a tiny country, perhaps music could have been a safer bet...

06 July, 2011 08:25

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