Allianz: Austria´s Economic Position Improves

BusinessEconomy ♦ Published: November 26, 2012; 16:14 ♦ (Vindobona)

According to the German insurance group, the economic situation of ten out of 17 Eurozone member countries has worsened. Austria could make up one place.

Allianz: Austria´s Economic Position Improves / Picture: © Vindobona.org

Today, Allianz published its “Allianz Euro Monitor” report. Compared to 2011, Austria´s economic situation remained stable. In ten Eurozone countries, the economic situation has deteriorated, however. According to Allianz, the economic integration in the EU and the improvement of the foreign trade balance of South European countries will contribute to let the debt crisis abate…