Tag: Gerald Zmuegg

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Wave of bankruptcies coming! – Companies often cannot repay Covid loans

Austria’s small and medium-sized businesses continue to struggle with the effects of the pandemic. According to a survey by the Financial Ombudsman team, 86...

COFAG money outstanding – Zmuegg: “Kogler and Brunner must go to court”

Finance and restructuring expert Gerald Zmuegg from the Financial Ombudsman's team has been fighting for some time to disburse promised COFAG funds to domestic...

Air becomes thinner – Financial expert: ‘Benko’s birthday without a credit card’

The air is becoming thinner for René Benko: After the bankruptcy of his Signa Holding and numerous subsidiaries, the Austrian real estate investor also...

Banking expert Zmuegg: – “Granting loans without checking is a cardinal sin”

Financial expert Gerald Zmuegg classifies the situation surrounding Hypo Vorarlberg's Signa activities as the “Krone”. The Vorarlberger Landesbank is not coming off well:...

Politicians look the other way: – “53 percent of all companies make a loss!”

After a detailed analysis of the key figures of numerous local small and medium-sized businesses, economic expert Gerald Zmuegg from the Financial Ombudsman team...

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