Carinthia asks Vienna for financial support over Heta

April 23, 2015 11:03 AM

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VIENNA, April 23 (Reuters) - The home province of defunct lender Hypo Alpe Adria, Carinthia, is asking Vienna for financial support, saying it will run out of money by the beginning of June without external help.

Carinthia provided debt guarantees for years to fuel Hypo's rapid expansion before the practice was stopped in 2007, but the last ones do not expire until around 2017.

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