The Geopolitics of Bavaria

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Bavarian restaurant and bar opens inside Albert Hall

The vacant ground floor of Manchester's Albert Hall has been converted into a Bavarian-themed restaurant and bar with the help of a £2m loan. Mission Mars, the recently created company that now owns Trof, the Deaf Institute, Gorilla and the Albert Hall, received a £2m growth capital loan from Santander Corporate Commercial to transform the Read more [...]

Heta: BayernLB Set to Go On with Suit Despite Dettlement

Heta: Bavaria set to go on with suit despite settlement - daily / Picture: © Wikipedia Bavarian bank and exowner of defunct Austrian lender Hypo Alpe Adria (now Heta) BayernLB reportedly plans to continue its suit against Austria, despite the fact that the parties reached a general settlement on the issue, the daily Press writes citing no specific sources. The move, however, would have only a slight impact on Hypo bad bank Heta and the settlement, according to the paper. Bavaria apparently Read more [...]

Austria passes law paving way for Heta settlement

VIENNA Oct 15 Austria's parliament passed a bill on Thursday paving the way for the government to reach settlements with the creditors of defunct bank Hypo Alpe Adria and remove a millstone from the country's public finances.Austria has for years been trying to draw a line under the collapse of Hypo, a regional lender whose expansion was facilitated by its home province, Carinthia, which guaranteed its debt to the tune of up to 25 billion euros ($28.47 billion), or more than 10 times the province's Read more [...]

Germany’s Bavaria threatens to close door on refugees – Celebrity Cafe

The contempt of Bavaria has escalated, and on Friday, the state threatened to take the German government to court if it fails to immediate steps to limit the flow of asylum seekers in the country, threatening to take matters into their own hands if the flow did not stop. A representative of the German government declined to comment to the Journal about Seehofer’s remarks, while Interior Minister Thomas de Maiziere attempted to reduce tension. Speaking at a news conference, Bavarian state premier Read more [...]

Merkel says no plans to raise taxes over refugee influx

The southern German state of Bavaria on Friday threatened to take unilateral measures to halt the flow of refugees to its towns. Bavaria’s move comes as German Interior Minister Thomas de Maiziere warned against an increase in violence against migrants, with 490 attacks on refugee shelters registered so far this year. As the main entry point for the Read more [...]