strictly my opinion, at this point both are two bets: how much alpha and her sisters will pay hardly the consequences of the greek haircut ? hypoalpe is 100% state protection and this is good and bad at the same point, few days ago they told should close at par this fiscal year for the first time after their famous 'balcanic' scandals: maybe in 2013 they could pay for 2012.... but, at the contrary, austrian banks are well known on the market for their told lies, broken promises and smoking budgets in some cases.... nevertheless, IMHO, hypoalpe could be again a winning bet