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kleinbl00 · 3576 days ago · link · · parent · post: Jeremy Warner: Austria is fast becoming Europe's latest debt nightmare
My understanding of European finance laws is they tend to be a lot less transparent than American ones. I mean, the SEC is toothless but compared to EU laws it's a fuckin' pit bull. You follow this stuff pretty closely, I assume. I do as well. This is the first I've heard mention of Austria. Wiki lists them as #14 (with Greece at 17 and Spain at 6) so it's not like they don't matter... but with Greece, it's the banks while this article is about a bank.