Austria

Austria Faces $1.3 Billion Bank Injection After ISDA Triggers Greek CDS. Austria is facing a capital injection of as much as 1 billion euros ($1.3 billion) into KA Finanz AG less than two weeks after bailing out Oesterreichische Volksbanken AG. (VBPS) The International Swaps & Derivatives Association yesterday ruled that Greece’s use of collective action [...]