“Austria Was Boosted by EU Accession, Euro and Opening to Eastern Europe”

Politics ♦ Published: July 28, 2011; 12:02 ♦ (Vindobona)

Bank Austria analyzed the development of Austria since the EU accession in 1995. It concluded that the economy has taken full advantage of the opportunities offered by the changes.

“Austria Was Boosted by EU Accession, Euro and Opening to Eastern Europe” / Picture: © Wikimedia Commons / SKopp [Public domain]

Today, Austria is among the richest and most highly developed economies in the world and takes a top position in international comparison with regard to its economic key figures. Nevertheless, doubts are repeatedly arising among the population concerning the economic opening of the last twenty years. Therefore, Bank Austria has analyzed the economic benefits of the…