Austria Placed 9th in Competition Ranking

Politics ♦ Published: September 25, 2013; 14:58 ♦ (Vindobona)

According to the latest EU Competition report 2013, Austria ranks ninth among 28 member states. The leaders in the ranking are Sweden, followed by Germany and Denmark while Bulgaria, Latvia and Romania are at the lowest positions.

Austria Placed 9th in Competition Ranking / Picture: ©

In the report preseted on Wednesday, the EU Commission gave praise to Austria in regard to the labor productivity, which is still above the EU average. In regard to the general competitiveness, Austria received good marks. On a short-term basis, shortages are not to be expected. In general, Austria had a “favorable environment for businesses and a competitive economy.