Austria Is One of Three Euro Countries with Lowest Default Risk

Politics ♦ Published: August 8, 2011; 19:02 ♦ (Vindobona)

Only three euro countries were found to have low default risk combined with a positive trend. The euro zone is seen in an “existential crisis”.

Austria Is One of Three Euro Countries with Lowest Default Risk / Picture: © Wikimedia Commons / Blackfish [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)]

According to a study of the Center for European Policy (CEP), Austria is one of the three euro countries which have the lowest default risk and the most positive economic outlook. Based on several indicators from the previous year, seven countries of the euro zone were ranked in the green category which stands for the lowest risk. Of these countries, however, only Germany, Estonia and…