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Home>BayernLB Demands €2.4 Billion From Austria

BayernLB Demands €2.4 Billion From Austria

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Thu, 27 Nov 2014

FRANKFURT--A spat between the Austrian government and BayernLB escalated Thursday after the German lender said the Alpine country should repay 2.4 billion euros ($2.99 billion) in outstanding loans to its former Austrian unit. A spokesman for BayernLB said the EUR2.4 billion is owed because the
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