Austria's headlines are currently dominated by two men who came from modest backgrounds to fame and fortune. The former Wirecard board member Jan Marsalek and the real estate crony René Benko.

Benko filed personal bankruptcy for himself as a sole proprietor at the Innsbruck regional court. What will become of the palazzi in the heart of Vienna that are now for sale, and the department stores of the Galeria-Karstadt-Kaufhof chain?