But in fact, the dimension of the package was already taking the new risk development in the CESEE countries (where Austrian banks have a high exposure) into account and proved to be the result of prudent foresight. Moreover, compared with the banking systems in other countries (U.S.A., Germany, U.K. etc.
), where public rescue packages play a key role in guaranteeing the survival of the banking system, it is particularly worth noting that the Austrian banking system is still generating profits. The Austrian banking support package can be described as a vaccination against potential future problems. BIS Review 82/2009  5  The financial crisis has become a global economic crisis.