On January 17, the Austrian Financial Market Authority (FMA) was forced to clarify its controversial plans to reduce its commercial banks' lending to east European entities, following anger among authorities in Hungary and other eastern European companies.
Although the country is not likely to implement official limits on eastern exposures, Austria and its financial institutions are in a period of instability.
With seemingly rushed 2013 implementation of Basel III and frighteningly tight or even non-existent listing windows for smaller companies, both banks and corporates are facing uncertainty in the country.
But despite such turbulence, delegates at Binder...