Austrian Managers Lose Confidence in EU

Politics ♦ Published: October 29, 2012; 17:06 ♦ (Vindobona)

Only a third of the Austrian managers believes that the problem in the Eurozone can be solved.

Austrian Managers Lose Confidence in EU / Picture: © European Commission

In the last months, Austrian managers became increasingly pessimistic. What is more, the economic outlook has worsened significantly. This is the result of a survey by Ernst & Young.

In April, about 46% of the Austrian managers stated to believe in a solution of the current debt crisis. Now, only 32% of the respondents think so. 74% of the managers think that the European…