Austria 's parliament is expected to pass a bill today to implement a settlement with Bavaria , the former owner of Hype ##n AG , by paying € 1.23bn ( $ 1.4bn ) , or 45 % of Bavaria 's debt , as well as paving the way for federal loans to help the Alpe Adria 's home province of Carinthia pay investors , by buying back debt . Austria’s parliament is expected to pass a bill on Thursday to implement a settlement reached with Bavaria, the former owner of Heta’s However , a group of creditors with over € 2.5bn ( $ 2.9bn ) against Austria 's bad bank , Heta , originally Hypo Alpe Adria , have opposed the law , and say they are fighting the plan .
Austria 's parliament is expected to pass a bill today to implement a settlement with Bavaria , the former owner of Hype ##n AG , by paying € 1.23bn ( $ 1.4bn ) , or 45 % of Bavaria 's debt , as well as paving the way for federal loans to help the Alpe Adria 's home province of Carinthia pay investors , by buying back debt . However , a group of creditors with over € 2.5bn ( $ 2.9bn ) against Austria 's bad bank , Heta , originally Hypo Alpe Adria , have opposed the law , and say they are fighting the plan .