News Headline Summary

EU says unnamed Austrian bank may face closure and warns of possible liquidation

- EU spokesman says no other restructuring decision is outstanding except for HYPO Group Alpe Adria.

Update details:

- Of note Hypo Group Alpe Adria, is a nationalised bank that was once one of the most important lenders in central and eastern Europe.

Print 19:49, 08 Mar 2013 - Economic commentary - Source: Newswires