Austrian Middle Class Demonstrates Optimism

BusinessEconomy ♦ Published: August 25, 2012; 17:30 ♦ (Vindobona)

According to a recent study, Austria´s middle sized firms expect a positive future. The willingness to invest is growing.

Austrian Middle Class Demonstrates Optimism / Picture: ©

Although Austrian entrepreneurs expect a further sharpening of the crisis in the Eurozone, about one out of four Austrian middle sized enterprises intends to hire new employees and increase investments. Only six percent of the interviewees want to lay off employees. Eight percent intends to cut investments. This is the result of a survey by Ernst & Young.

Despite the current…

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