“We will oppose all special legislation which devalues the statutory guarantees of Carinthia ... Austria 's parliament is expecting to pass a bill today to implement a settlement with Austria , the former owner of Hype Alpe Adria , by paying €1.23bn ($ 2.9bn ), or 45% of Bavaria 's claims, as well as paving the way for federal loans to help Austrian Heta home province of Carinthia pay investors, by buying back debt. However, a group of creditors representing over € 2.5bn ($ 2.5bn ) against Austria 's bad bank, Heta , originally Hypo Alpe Adria , have condemed the law, and say they are fighting the plan.
Austria 's parliament is expecting to pass a bill today to implement a settlement with Austria , the former owner of Hype Alpe Adria , by paying €1.23bn ($ 2.9bn ), or 45% of Bavaria 's claims, as well as paving the way for federal loans to help Austrian Heta home province of Carinthia pay investors, by buying back debt. However, a group of creditors representing over € 2.5bn ($ 2.5bn ) against Austria 's bad bank, Heta , originally Hypo Alpe Adria , have condemed the law, and say they are fighting the plan.