The BAWAG bank affair of huge speculative losses and involvement with the since-bankrupt US brokerage firm Refco hit the opposition Social Democrats (SP) “like a comet”, party leader Alfred Gusenbauer said on the Sunday before last. Previously, the Social Democrats had been in a “high” following a string of local and provincial election successes, Deutsche Presse-Agentur (dpa) reported.
Now the mood has been dampened. The situation was “not easy”, but it would be exaggerated to speak of his pa...


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