„Austria´s Triple A Not in Danger“

People ♦ Published: October 29, 2011; 15:49 ♦ (Vindobona)

For the Austrian Minister of Finance, Maria Fekter, the status of the domestic economy is “well prepared”.

„Austria´s Triple A Not in Danger“ / Picture: © Vindobona.org

For Maria Fekter, the Austrian economy is in a comfortable position. The AAA-rating is secured. What has to be seen critically is the high public debt and the risks of the Austrian banks in Eastern Europe. “If Austria would have to provide safety measures against these risks, then we could face troubles”, Fekter stated.

“I think we are well prepared now, which is due to the…